UBS Group Has Lowered Expectations for Grupo Televisa (NYSE:TV) Stock Price

Grupo Televisa (NYSE:TV - Free Report) had its price target trimmed by UBS Group from $2.50 to $2.40 in a report released on Monday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts also recently issued reports on the company. Wall Street Zen downgraded Grupo Televisa from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Benchmark reissued a "buy" rating and set a $7.00 target price (down previously from $8.00) on shares of Grupo Televisa in a research report on Wednesday, March 5th. Finally, The Goldman Sachs Group raised their price target on shares of Grupo Televisa from $1.80 to $2.20 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $3.87.

Grupo Televisa Trading Down 0.2%

TV traded down $0.01 during trading on Monday, reaching $2.26. 1,268,984 shares of the company's stock were exchanged, compared to its average volume of 1,966,814. Grupo Televisa has a one year low of $1.55 and a one year high of $2.90. 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 stock has a market capitalization of $1.25 billion, a PE ratio of -2.82, a price-to-earnings-growth ratio of 1.45 and a beta of 1.91. The firm has a fifty day moving average price of $1.94 and a two-hundred day moving average price of $1.89.

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

Grupo Televisa Cuts Dividend

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

Institutional Investors Weigh In On Grupo Televisa

Several large investors have recently added to or reduced their stakes in TV. Banco Santander S.A. lifted its stake in Grupo Televisa by 73.6% in the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company's stock valued at $534,000 after buying an additional 134,621 shares during the period. American Century Companies Inc. increased its stake in shares of Grupo Televisa by 11.8% in the 4th quarter. American Century Companies Inc. now owns 1,312,209 shares of the company's stock valued at $2,205,000 after acquiring an additional 138,303 shares in the last quarter. EntryPoint Capital LLC lifted its position in shares of Grupo Televisa by 55.3% during the 4th 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. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of Grupo Televisa during the 4th quarter valued at $939,000. Finally, Discovery Capital Management LLC CT boosted its stake in Grupo Televisa by 0.6% during the fourth quarter. Discovery Capital Management LLC CT now owns 17,536,831 shares of the company's stock worth $29,462,000 after acquiring an additional 100,100 shares in the last quarter. Institutional investors and hedge funds 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.