Grupo Televisa, S.A.B. (NYSE:TV) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,724,998 shares of the company's stock after selling 147,833 shares during the period. Dimensional Fund Advisors LP owned about 0.49% of Grupo Televisa, S.A.B. worth $4,578,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TV. PEAK6 LLC purchased a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at $41,000. Russell Investments Group Ltd. acquired a new stake in shares of Grupo Televisa, S.A.B. during the fourth quarter worth about $47,000. Employees Retirement System of Texas acquired a new position in Grupo Televisa, S.A.B. during the fourth quarter worth approximately $84,000. Barclays PLC purchased a new stake in Grupo Televisa, S.A.B. in the fourth quarter valued at approximately $168,000. Finally, EntryPoint Capital LLC boosted its holdings in shares of Grupo Televisa, S.A.B. by 55.3% in the fourth quarter. EntryPoint Capital LLC now owns 128,898 shares of the company's stock valued at $217,000 after acquiring an additional 45,889 shares during the period. Institutional investors and hedge funds own 55.77% of the company's stock.

Grupo Televisa, S.A.B. Stock Performance

NYSE:TV traded down $0.02 during midday trading on Friday, reaching $2.02. The stock had a trading volume of 1,066,869 shares, compared to its average volume of 1,898,158. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. The stock has a market cap of $1.12 billion, a P/E ratio of -2.76 and a beta of 1.92. The firm has a fifty day simple moving average of $1.79 and a two-hundred day simple moving average of $1.91. Grupo Televisa, S.A.B. has a 12-month low of $1.55 and a 12-month high of $3.43.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.09. Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. The business had revenue of $763.42 million for the quarter, compared to the consensus estimate of $15.33 billion. On average, equities analysts expect that Grupo Televisa, S.A.B. will post -0.07 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on TV shares. The Goldman Sachs Group dropped their price objective on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating on the stock in a research note on Tuesday, January 28th. Benchmark reissued a "buy" rating and set a $7.00 price target (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. Finally, StockNews.com raised Grupo Televisa, S.A.B. from a "hold" rating to a "buy" rating in a research note on Monday.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.