Grupo Televisa S.A. (NYSE:TV) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

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Shares of Grupo Televisa S.A. (NYSE:TV - Get Free Report) have been assigned an average rating of "Hold" from the five research firms that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $4.70.

Several equities research analysts have weighed in on TV shares. Benchmark boosted their price objective on Grupo Televisa from $7.00 to $9.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. The Goldman Sachs Group cut Grupo Televisa from a "buy" rating to a "neutral" rating and set a $2.60 price objective on the stock. in a research note on Friday, August 8th. UBS Group boosted their price objective on Grupo Televisa from $2.40 to $2.50 and gave the stock a "neutral" rating in a research note on Tuesday, July 29th. Wall Street Zen cut Grupo Televisa from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. Finally, Zacks Research lowered Grupo Televisa from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th.

Grupo Televisa Price Performance

Shares of Grupo Televisa stock opened at $2.51 on Tuesday. The stock's 50-day simple moving average is $2.33 and its 200-day simple moving average is $2.04. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $2.89. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of -3.35, a PEG ratio of 1.55 and a beta of 1.97. The company has a quick ratio of 2.33, a current ratio of 2.35 and a debt-to-equity ratio of 0.03.

Grupo Televisa (NYSE:TV - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.06. Grupo Televisa had a negative return on equity of 6.95% and a negative net margin of 13.56%. The firm had revenue of $787.59 million for the quarter, compared to analysts' expectations of $14.96 billion. As a group, analysts expect that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

Grupo Televisa Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 30th were given a dividend of $0.0908 per share. This represents a dividend yield of 390.0%. The ex-dividend date was Friday, May 30th. Grupo Televisa's payout ratio is -10.67%.

Institutional Trading of Grupo Televisa

A number of large investors have recently modified their holdings of TV. Russell Investments Group Ltd. purchased a new stake in shares of Grupo Televisa in the fourth quarter valued at approximately $47,000. Barclays PLC purchased a new stake in Grupo Televisa during the fourth quarter worth $168,000. PEAK6 LLC purchased a new stake in Grupo Televisa during the fourth quarter worth $41,000. Marshall Wace LLP purchased a new stake in Grupo Televisa during the fourth quarter worth $394,000. Finally, Tower Research Capital LLC TRC lifted its holdings 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 during the period. Hedge funds and other institutional investors own 55.77% of the company's stock.

Grupo Televisa 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.

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