Banco Santander S.A. Buys 134,621 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Banco Santander S.A. boosted its position in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 73.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 317,620 shares of the company's stock after purchasing an additional 134,621 shares during the period. Banco Santander S.A. owned about 0.06% of Grupo Televisa, S.A.B. worth $534,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer & Co. Inc. bought a new stake in shares of Grupo Televisa, S.A.B. during the 3rd quarter valued at $90,000. Thrivent Financial for Lutherans bought a new stake in Grupo Televisa, S.A.B. during the third quarter valued at about $284,000. BNP Paribas Financial Markets grew its holdings in Grupo Televisa, S.A.B. by 1,005,403.7% during the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company's stock valued at $695,000 after purchasing an additional 271,459 shares during the period. PEAK6 Investments LLC purchased a new stake in Grupo Televisa, S.A.B. in the third quarter worth about $119,000. Finally, Centiva Capital LP raised its stake in shares of Grupo Televisa, S.A.B. by 86.3% in the third quarter. Centiva Capital LP now owns 101,499 shares of the company's stock worth $260,000 after buying an additional 47,014 shares during the period. 55.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. The Goldman Sachs Group reduced 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. StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a research report on Thursday, November 28th. JPMorgan Chase & Co. lowered Grupo Televisa, S.A.B. from an "overweight" rating to a "neutral" rating in a research note on Thursday, November 14th. Finally, Benchmark reiterated a "buy" rating and issued a $7.00 price target (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $4.23.

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Grupo Televisa, S.A.B. Price Performance

TV stock traded up $0.02 during trading on Friday, reaching $1.78. The company's stock had a trading volume of 3,533,521 shares, compared to its average volume of 1,666,551. Grupo Televisa, S.A.B. has a 1 year low of $1.66 and a 1 year high of $3.47. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $983.00 million, a P/E ratio of -2.43 and a beta of 1.84. The company's fifty day moving average is $1.92 and its 200-day moving average is $2.05.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.91). Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. The company had revenue of $758.58 million for the quarter, compared to the consensus estimate of $15.49 billion. On average, research analysts expect that Grupo Televisa, S.A.B. will post -0.07 earnings per share 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.