Itau Unibanco Holding S.A. Grows Position in Grupo Televisa, S.A.B. (NYSE:TV)

Itau Unibanco Holding S.A. increased its position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 13,477.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,749,042 shares of the company's stock after purchasing an additional 1,736,160 shares during the quarter. Itau Unibanco Holding S.A. owned approximately 0.32% of Grupo Televisa, S.A.B. worth $2,938,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division raised its holdings in shares of Grupo Televisa, S.A.B. by 66.7% during the 4th quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock valued at $42,000 after buying an additional 10,000 shares in the last quarter. Northern Trust Corp increased its stake in shares of Grupo Televisa, S.A.B. by 57.9% during the fourth quarter. Northern Trust Corp now owns 64,512 shares of the company's stock valued at $108,000 after purchasing an additional 23,648 shares in the last quarter. PEAK6 LLC purchased a new position in shares of Grupo Televisa, S.A.B. during the fourth quarter valued at approximately $41,000. Russell Investments Group Ltd. bought a new stake in shares of Grupo Televisa, S.A.B. in the 4th quarter worth approximately $47,000. Finally, Tower Research Capital LLC TRC increased its position in Grupo Televisa, S.A.B. by 3,312.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock valued at $52,000 after buying an additional 30,143 shares in the last quarter. 55.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

TV has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their target price on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating for the company in a report on Tuesday, January 28th. Benchmark reissued a "buy" rating and set a $7.00 price objective (down from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th.

Grupo Televisa, S.A.B. Stock Performance

TV traded up $0.07 during midday trading on Tuesday, reaching $1.78. The company had a trading volume of 1,413,973 shares, compared to its average volume of 1,847,929. 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 business has a 50-day moving average of $1.81 and a two-hundred day moving average of $1.93. The company has a market cap of $984.10 million, a P/E ratio of -2.43 and a beta of 1.70.

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

About Grupo Televisa, S.A.B.

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.