Robeco Institutional Asset Management B.V. Sells 255,674 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Robeco Institutional Asset Management B.V. lowered its stake in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 85.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,115 shares of the company's stock after selling 255,674 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Grupo Televisa, S.A.B. were worth $141,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TV. Signaturefd LLC grew its position in Grupo Televisa, S.A.B. by 20.7% in the third quarter. Signaturefd LLC now owns 22,889 shares of the company's stock valued at $70,000 after acquiring an additional 3,926 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Grupo Televisa, S.A.B. by 35.5% in the third quarter. Assenagon Asset Management S.A. now owns 616,111 shares of the company's stock valued at $1,879,000 after acquiring an additional 161,252 shares during the last quarter. Moors & Cabot Inc. bought a new position in Grupo Televisa, S.A.B. in the third quarter valued at about $31,000. Gamco Investors INC. ET AL grew its position in Grupo Televisa, S.A.B. by 11.1% in the third quarter. Gamco Investors INC. ET AL now owns 9,795,478 shares of the company's stock valued at $29,876,000 after acquiring an additional 979,481 shares during the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. boosted its stake in shares of Grupo Televisa, S.A.B. by 3.8% during the third quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 192,425 shares of the company's stock valued at $587,000 after purchasing an additional 7,000 shares in the last quarter. Institutional investors own 55.77% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. StockNews.com raised Grupo Televisa, S.A.B. from a "sell" rating to a "hold" rating in a research note on Monday, February 26th. Bank of America lowered Grupo Televisa, S.A.B. from a "buy" rating to a "neutral" rating and set a $3.50 price target on the stock. in a research note on Monday, April 15th. Finally, Benchmark reissued a "buy" rating and set a $12.00 price target on shares of Grupo Televisa, S.A.B. in a research note on Thursday, May 16th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Grupo Televisa, S.A.B. currently has a consensus rating of "Hold" and a consensus target price of $5.28.

Grupo Televisa, S.A.B. Trading Down 0.3 %

Shares of Grupo Televisa, S.A.B. stock traded down $0.01 during midday trading on Friday, reaching $3.14. The company had a trading volume of 464,672 shares, compared to its average volume of 1,121,745. The stock has a fifty day moving average price of $3.14 and a 200 day moving average price of $3.06. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.57. The firm has a market cap of $1.74 billion, a PE ratio of -3.61, a P/E/G ratio of 9.85 and a beta of 1.79. Grupo Televisa, S.A.B. has a fifty-two week low of $2.10 and a fifty-two week high of $5.41.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.14. Grupo Televisa, S.A.B. had a negative return on equity of 6.18% and a negative net margin of 11.78%. The firm had revenue of $939.92 million for the quarter, compared to analyst estimates of $1.02 billion. On average, equities analysts anticipate that Grupo Televisa, S.A.B. will post 0.01 earnings per share for the current year.

Grupo Televisa, S.A.B. Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Monday, June 10th. Shareholders of record on Thursday, May 30th will be paid a $0.1056 dividend. The ex-dividend date is Thursday, May 30th. This is a positive change from Grupo Televisa, S.A.B.'s previous annual dividend of $0.10. This represents a yield of 2.4%. Grupo Televisa, S.A.B.'s payout ratio is -10.34%.

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.