570,000 Shares in Grupo Televisa, S.A.B. (NYSE:TV) Acquired by GFS Advisors LLC

GFS Advisors LLC purchased a new stake in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 570,000 shares of the company's stock, valued at approximately $1,904,000. GFS Advisors LLC owned approximately 0.10% of Grupo Televisa, S.A.B. at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TV. Assenagon Asset Management S.A. raised its position in shares of Grupo Televisa, S.A.B. by 34.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 831,124 shares of the company's stock worth $2,776,000 after acquiring an additional 215,013 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in Grupo Televisa, S.A.B. by 11.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 9,795,478 shares of the company's stock worth $29,876,000 after buying an additional 979,481 shares during the last quarter. AQR Capital Management LLC grew its stake in Grupo Televisa, S.A.B. by 8.6% during the 3rd quarter. AQR Capital Management LLC now owns 6,716,568 shares of the company's stock worth $20,486,000 after buying an additional 533,822 shares during the last quarter. Citigroup Inc. grew its stake in Grupo Televisa, S.A.B. by 22.5% during the 3rd quarter. Citigroup Inc. now owns 60,310 shares of the company's stock worth $184,000 after buying an additional 11,078 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in Grupo Televisa, S.A.B. during the 3rd quarter worth approximately $48,000. Institutional investors and hedge funds own 55.77% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TV shares. Morgan Stanley reiterated an "equal weight" rating and issued a $4.00 target price (down from $7.00) on shares of Grupo Televisa, S.A.B. in a research note on Friday, January 5th. StockNews.com raised Grupo Televisa, S.A.B. from a "sell" rating to a "hold" rating in a report on Monday, February 26th. Finally, The Goldman Sachs Group reduced their price target on Grupo Televisa, S.A.B. from $3.90 to $3.50 and set a "buy" rating for the company in a report on Wednesday, December 13th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $5.52.

Grupo Televisa, S.A.B. Price Performance

TV stock traded up $0.02 during midday trading on Friday, hitting $3.28. 868,588 shares of the stock were exchanged, compared to its average volume of 944,441. The stock's 50-day moving average price is $3.10 and its 200-day moving average price is $2.96. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of -3.12 and a beta of 1.77. Grupo Televisa, S.A.B. has a fifty-two week low of $2.10 and a fifty-two week high of $5.66. 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. (NYSE:TV - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported ($0.88) earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the firm earned ($1.27) earnings per share. Research analysts predict that Grupo Televisa, S.A.B. will post 0.1 earnings per share for the current year.

Grupo Televisa, S.A.B. Company Profile

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.