Grupo Televisa, S.A.B. (NYSE:TV) Receives Average Recommendation of "Moderate Buy" from Analysts

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $5.52.

Several equities research analysts have recently weighed in on the company. StockNews.com raised Grupo Televisa, S.A.B. from a "sell" rating to a "hold" rating in a research report on Monday, February 26th. Morgan Stanley restated an "equal weight" rating and set a $4.00 price target (down previously from $7.00) on shares of Grupo Televisa, S.A.B. in a research note on Friday, January 5th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Gamco Investors INC. ET AL grew its stake in shares of Grupo Televisa, S.A.B. by 18.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 11,633,903 shares of the company's stock valued at $38,857,000 after purchasing an additional 1,838,425 shares during the last quarter. Alua Capital Management LP boosted its stake in shares of Grupo Televisa, S.A.B. by 4.5% in the third quarter. Alua Capital Management LP now owns 10,985,011 shares of the company's stock valued at $33,504,000 after buying an additional 476,543 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Grupo Televisa, S.A.B. by 273.0% in the first quarter. AQR Capital Management LLC now owns 9,265,838 shares of the company's stock valued at $49,016,000 after buying an additional 6,781,893 shares in the last quarter. Nuveen Asset Management LLC boosted its stake in shares of Grupo Televisa, S.A.B. by 15.1% in the second quarter. Nuveen Asset Management LLC now owns 8,810,312 shares of the company's stock valued at $45,197,000 after buying an additional 1,152,924 shares in the last quarter. Finally, Prudential PLC boosted its stake in shares of Grupo Televisa, S.A.B. by 0.4% in the fourth quarter. Prudential PLC now owns 8,519,013 shares of the company's stock valued at $28,454,000 after buying an additional 33,005 shares in the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Televisa, S.A.B. Stock Down 3.3 %

TV stock traded down $0.11 during mid-day trading on Friday, reaching $3.23. The company had a trading volume of 1,119,546 shares, compared to its average volume of 961,881. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.73 and a current ratio of 1.76. Grupo Televisa, S.A.B. has a fifty-two week low of $2.10 and a fifty-two week high of $5.54. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -3.08 and a beta of 1.77. The firm has a fifty day simple moving average of $3.12 and a 200 day simple moving average of $2.96.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.87). Grupo Televisa, S.A.B. had a negative return on equity of 7.36% and a negative net margin of 13.99%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the business posted ($1.27) EPS. Analysts forecast that Grupo Televisa, S.A.B. will post 0.1 earnings per share for the current fiscal year.

About Grupo Televisa, S.A.B.

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking Mexico and internationally. 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 services, as well as sales 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.