Marshall Wace LLP Buys New Position in Grupo Televisa, S.A.B. (NYSE:TV)

Marshall Wace LLP bought a new position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 234,607 shares of the company's stock, valued at approximately $394,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. PEAK6 LLC acquired a new position in shares of Grupo Televisa, S.A.B. during the fourth quarter worth about $41,000. Central Pacific Bank Trust Division raised its stake in Grupo Televisa, S.A.B. by 66.7% in the 4th quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock worth $42,000 after purchasing an additional 10,000 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Grupo Televisa, S.A.B. in the 4th quarter valued at $47,000. B. Riley Wealth Advisors Inc. bought a new position in Grupo Televisa, S.A.B. in the 3rd quarter valued at about $123,000. Finally, Employees Retirement System of Texas acquired a new stake in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at $84,000. 55.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the company. Benchmark reiterated a "buy" rating and issued a $7.00 target price (down from $8.00) on shares of Grupo Televisa, S.A.B. in a research report on Wednesday, March 5th. The Goldman Sachs Group decreased their price target on 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.

Grupo Televisa, S.A.B. Stock Performance

Shares of NYSE:TV traded down $0.02 during mid-day trading on Friday, reaching $1.79. 291,218 shares of the company traded hands, compared to its average volume of 1,855,056. The firm has a market cap of $991.30 million, a PE ratio of -2.45 and a beta of 1.92. Grupo Televisa, S.A.B. has a 52 week low of $1.55 and a 52 week high of $3.43. The company's 50 day moving average price is $1.80 and its 200-day moving average price is $1.93. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.09. The business had revenue of $763.42 million for the quarter, compared to analysts' expectations 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%. On average, equities analysts expect that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

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.