Brokerages Set Grupo Televisa, S.A.B. (NYSE:TV) PT at $5.25

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) has been assigned a consensus rating of "Hold" from the five ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $5.25.

Several equities analysts recently commented on TV shares. The Goldman Sachs Group reduced their price target on Grupo Televisa, S.A.B. from $2.90 to $2.50 and set a "buy" rating on the stock in a research report on Friday, November 15th. StockNews.com cut shares of Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a research report on Thursday, November 28th. Benchmark lowered their price target on shares of Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a "buy" rating for the company in a report on Thursday, October 24th. Finally, 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.

Grupo Televisa, S.A.B. Trading Down 1.1 %

Shares of Grupo Televisa, S.A.B. stock traded down $0.02 during trading hours on Friday, hitting $1.73. The company's stock had a trading volume of 1,963,535 shares, compared to its average volume of 1,663,668. The business has a fifty day moving average of $2.04 and a 200 day moving average of $2.21. Grupo Televisa, S.A.B. has a 1-year low of $1.66 and a 1-year high of $3.65. 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 $958.07 million, a PE ratio of -2.44, a P/E/G ratio of 0.56 and a beta of 1.81.

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

Institutional Trading of Grupo Televisa, S.A.B.

Several institutional investors have recently added to or reduced their stakes in TV. Sanctuary Advisors LLC acquired a new stake in Grupo Televisa, S.A.B. during the second quarter valued at approximately $29,000. Central Pacific Bank Trust Division raised its position in shares of Grupo Televisa, S.A.B. by 50.0% during the 3rd quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company's stock valued at $38,000 after acquiring an additional 5,000 shares in the last quarter. Ballentine Partners LLC lifted its stake in 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 worth $87,000 after purchasing an additional 5,939 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in Grupo Televisa, S.A.B. in the third quarter worth $90,000. Finally, PEAK6 Investments LLC bought a new stake in Grupo Televisa, S.A.B. during the third quarter valued at $119,000. 55.77% of the stock is owned by institutional investors and hedge funds.

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.