BNP Paribas Financial Markets Has $695,000 Holdings in Grupo Televisa, S.A.B. (NYSE:TV)

BNP Paribas Financial Markets lifted its holdings in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 1,005,403.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 271,486 shares of the company's stock after purchasing an additional 271,459 shares during the period. BNP Paribas Financial Markets' holdings in Grupo Televisa, S.A.B. were worth $695,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SG Americas Securities LLC grew its stake in shares of Grupo Televisa, S.A.B. by 35.7% during the second quarter. SG Americas Securities LLC now owns 28,154 shares of the company's stock valued at $78,000 after purchasing an additional 7,406 shares during the last quarter. Banco Santander S.A. acquired a new stake in shares of Grupo Televisa, S.A.B. in the 2nd quarter valued at $449,000. Acadian Asset Management LLC bought a new stake in shares of Grupo Televisa, S.A.B. during the second quarter worth $532,000. Ballentine Partners LLC lifted its stake in shares of Grupo Televisa, S.A.B. by 23.3% during the second quarter. Ballentine Partners LLC now owns 31,381 shares of the company's stock valued at $87,000 after acquiring an additional 5,939 shares during the period. Finally, American Century Companies Inc. boosted its holdings in Grupo Televisa, S.A.B. by 12.2% in the second quarter. American Century Companies Inc. now owns 841,994 shares of the company's stock valued at $2,332,000 after acquiring an additional 91,237 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa, S.A.B. Price Performance

Grupo Televisa, S.A.B. stock remained flat at $1.97 during midday trading on Friday. 1,951,358 shares of the company traded hands, compared to its average volume of 1,604,609. The firm has a 50 day moving average price of $2.22 and a two-hundred day moving average price of $2.34. 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. has a twelve month low of $1.69 and a twelve month high of $3.65.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last posted its earnings results on Thursday, October 24th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.04. Grupo Televisa, S.A.B. had a negative net margin of 10.88% and a negative return on equity of 5.68%. The company had revenue of $812.55 million for the quarter, compared to analyst estimates of $828.35 million. As a group, sell-side analysts anticipate that Grupo Televisa, S.A.B. will post 0.11 EPS for the current year.

Analyst Ratings Changes

TV has been the subject of several recent research reports. The Goldman Sachs Group dropped their price objective on Grupo Televisa, S.A.B. from $2.90 to $2.50 and set a "buy" rating for the company in a report on Friday, November 15th. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an "overweight" rating to a "neutral" rating in a report on Thursday, November 14th. StockNews.com lowered shares of Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a report on Thursday, November 28th. Finally, Benchmark dropped their target price on shares of Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a "buy" rating for the company in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $5.25.

About Grupo Televisa, S.A.B.

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.