Robeco Institutional Asset Management B.V. Decreases Stock Position in Grupo Televisa S.A. (NYSE:TV)

Robeco Institutional Asset Management B.V. decreased its position in shares of Grupo Televisa S.A. (NYSE:TV - Free Report) by 38.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,224,445 shares of the company's stock after selling 751,949 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.22% of Grupo Televisa worth $2,143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. PEAK6 LLC purchased a new position in shares of Grupo Televisa during the 4th quarter worth approximately $41,000. Russell Investments Group Ltd. acquired a new stake in Grupo Televisa during the 4th quarter valued at $47,000. Tower Research Capital LLC TRC increased its position in Grupo Televisa by 3,312.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock worth $52,000 after buying an additional 30,143 shares in the last quarter. Employees Retirement System of Texas purchased a new position in Grupo Televisa during the fourth quarter worth $84,000. Finally, Northern Trust Corp raised its holdings in shares of Grupo Televisa by 57.9% in the fourth quarter. Northern Trust Corp now owns 64,512 shares of the company's stock worth $108,000 after acquiring an additional 23,648 shares during the last quarter. Institutional investors and hedge funds own 55.77% of the company's stock.

Grupo Televisa Trading Up 0.6%

Shares of NYSE TV traded up $0.02 on Thursday, reaching $2.33. 95,547 shares of the company traded hands, compared to its average volume of 1,977,569. The stock has a market capitalization of $1.29 billion, a PE ratio of -2.91, a P/E/G ratio of 1.44 and a beta of 1.94. Grupo Televisa S.A. has a fifty-two week low of $1.55 and a fifty-two week high of $2.73. The company has a current ratio of 2.32, a quick ratio of 2.31 and a debt-to-equity ratio of 0.86. The company has a 50 day moving average of $2.05 and a 200 day moving average of $1.91.

Grupo Televisa (NYSE:TV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.09. Grupo Televisa had a negative net margin of 13.70% and a negative return on equity of 6.99%. The company had revenue of $763.42 million for the quarter, compared to the consensus estimate of $15.33 billion. On average, equities research analysts forecast that Grupo Televisa S.A. will post -0.07 earnings per share for the current fiscal year.

Grupo Televisa Cuts Dividend

The company also recently announced an annual dividend, which was paid on Thursday, June 12th. Stockholders of record on Friday, May 30th were issued a dividend of $0.0908 per share. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, May 30th. Grupo Televisa's payout ratio is currently -10.00%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Benchmark reiterated a "buy" rating and set a $7.00 price objective (down previously from $8.00) on shares of Grupo Televisa in a research report on Wednesday, March 5th. Wall Street Zen cut shares of Grupo Televisa from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. UBS Group cut their price objective on shares of Grupo Televisa from $2.50 to $2.40 and set a "neutral" rating for the company in a research report on Monday, June 16th. Finally, The Goldman Sachs Group upped their price objective on shares of Grupo Televisa from $1.80 to $2.20 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Grupo Televisa has a consensus rating of "Hold" and an average price target of $3.87.

About Grupo Televisa

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.