GFS Advisors LLC Invests $3.60 Million in Grupo Televisa, S.A.B. (NYSE:TV)

GFS Advisors LLC bought a new position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,142,590 shares of the company's stock, valued at approximately $3,600,000. GFS Advisors LLC owned 0.39% of Grupo Televisa, S.A.B. as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Robeco Institutional Asset Management B.V. lifted 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 worth $3,320,000 after buying an additional 1,404,933 shares during the period. BNP Paribas Financial Markets increased its position in shares of 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 worth $695,000 after purchasing an additional 271,459 shares in the last quarter. Banco Santander S.A. increased its position in shares of Grupo Televisa, S.A.B. by 13.0% during the third quarter. Banco Santander S.A. now owns 182,999 shares of the company's stock worth $468,000 after purchasing an additional 20,999 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of Grupo Televisa, S.A.B. during the third quarter worth $284,000. Finally, Centiva Capital LP increased its position in shares of Grupo Televisa, S.A.B. by 86.3% during the third quarter. Centiva Capital LP now owns 101,499 shares of the company's stock worth $260,000 after purchasing an additional 47,014 shares in the last quarter. Hedge funds and other institutional investors own 55.77% of the company's stock.

Grupo Televisa, S.A.B. Stock Performance

Shares of NYSE TV traded up $0.03 during mid-day trading on Tuesday, hitting $2.01. The stock had a trading volume of 974,403 shares, compared to its average volume of 2,541,686. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.43. The company has a 50 day moving average of $1.85 and a two-hundred day moving average of $2.07. Grupo Televisa, S.A.B. has a twelve month low of $1.66 and a twelve month high of $3.65. The firm has a market cap of $1.11 billion, a PE ratio of -2.82 and a beta of 1.83.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TV shares. StockNews.com downgraded Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a research report on Thursday, November 28th. Benchmark reduced their price target on Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a "buy" rating on the stock in a research report on Thursday, October 24th. JPMorgan Chase & Co. downgraded Grupo Televisa, S.A.B. from an "overweight" rating to a "neutral" rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group cut their target price on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating on the stock in a research report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $5.57.

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.