Grupo Televisa, S.A.B. (NYSE:TV) Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL grew its stake in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,119,063 shares of the company's stock after purchasing an additional 500,271 shares during the quarter. Gamco Investors INC. ET AL owned 3.09% of Grupo Televisa, S.A.B. worth $28,760,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Grupo Televisa, S.A.B. in the 3rd quarter worth approximately $123,000. Central Pacific Bank Trust Division increased its stake in shares of Grupo Televisa, S.A.B. by 66.7% during the 4th quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock worth $42,000 after purchasing an additional 10,000 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Grupo Televisa, S.A.B. by 245.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company's stock valued at $3,320,000 after purchasing an additional 1,404,933 shares during the last quarter. GFS Advisors LLC bought a new stake in Grupo Televisa, S.A.B. during the 4th quarter valued at approximately $3,600,000. Finally, Banco Santander S.A. lifted its stake in shares of Grupo Televisa, S.A.B. by 73.6% in the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company's stock valued at $534,000 after buying an additional 134,621 shares during the period. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on TV. Benchmark reissued a "buy" rating and set a $7.00 price target (down from $8.00) on shares of Grupo Televisa, S.A.B. in a research report on Wednesday, March 5th. The Goldman Sachs Group decreased their target price on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating on the stock in a report on Tuesday, January 28th.

Grupo Televisa, S.A.B. Stock Up 5.4 %

TV traded up $0.10 during trading on Friday, reaching $1.87. The stock had a trading volume of 2,376,555 shares, compared to its average volume of 1,812,060. The stock's 50 day moving average is $1.85 and its two-hundred day moving average is $1.98. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of -2.55 and a beta of 1.70. Grupo Televisa, S.A.B. has a one year low of $1.55 and a one year high of $3.43. The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $758.58 million for the quarter, compared to analysts' expectations of $15.49 billion. As a group, analysts expect that Grupo Televisa, S.A.B. will post -0.07 earnings per share for the current year.

Grupo Televisa, S.A.B. Company 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.