GABELLI & Co INVESTMENT ADVISERS INC. Grows Stock Position in Grupo Televisa, S.A.B. (NYSE:TV)

GABELLI & Co INVESTMENT ADVISERS INC. raised its position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 227.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 385,075 shares of the company's stock after buying an additional 267,350 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.07% of Grupo Televisa, S.A.B. worth $647,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Banco Santander S.A. lifted its position in shares of Grupo Televisa, S.A.B. by 73.6% during the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company's stock worth $534,000 after purchasing an additional 134,621 shares in the last quarter. Central Pacific Bank Trust Division increased its position in shares of Grupo Televisa, S.A.B. by 66.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock worth $42,000 after acquiring an additional 10,000 shares during the period. GFS Advisors LLC acquired a new stake in shares of Grupo Televisa, S.A.B. in the fourth quarter valued at $3,600,000. Robeco Institutional Asset Management B.V. grew its stake in Grupo Televisa, S.A.B. by 245.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company's stock worth $3,320,000 after purchasing an additional 1,404,933 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at about $939,000. 55.77% of the stock is owned by institutional investors and hedge funds.

Grupo Televisa, S.A.B. Stock Performance

TV traded up $0.10 on Friday, reaching $1.87. The company had a trading volume of 2,376,555 shares, compared to its average volume of 1,814,019. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Grupo Televisa, S.A.B. has a 1 year low of $1.55 and a 1 year high of $3.43. The stock has a market capitalization of $1.03 billion, a PE ratio of -2.55 and a beta of 1.70. The stock has a 50-day moving average price of $1.85 and a 200-day moving average price of $1.98.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.91). The firm had revenue of $758.58 million during the quarter, compared to analysts' expectations of $15.49 billion. Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. As a group, research analysts forecast that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating for the company in a research note on Tuesday, January 28th. Benchmark reissued a "buy" rating and set a $7.00 target price (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a research report on Wednesday, March 5th.

Grupo Televisa, S.A.B. 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.