Grupo Televisa, S.A.B. (NYSE:TV) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its position in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 37.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 450,000 shares of the company's stock after selling 275,109 shares during the period. Rockefeller Capital Management L.P. owned about 0.08% of Grupo Televisa, S.A.B. worth $1,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in Grupo Televisa, S.A.B. in the second quarter valued at about $29,000. Central Pacific Bank Trust Division lifted 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 during the period. Welch Group LLC acquired a new stake in shares of Grupo Televisa, S.A.B. during the 2nd quarter valued at approximately $55,000. SG Americas Securities LLC lifted its position in shares of Grupo Televisa, S.A.B. by 35.7% during the 2nd quarter. SG Americas Securities LLC now owns 28,154 shares of the company's stock valued at $78,000 after acquiring an additional 7,406 shares during the period. Finally, Ballentine Partners LLC lifted its position in shares of Grupo Televisa, S.A.B. by 23.3% during the 2nd 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. Institutional investors and hedge funds own 55.77% of the company's stock.

Grupo Televisa, S.A.B. Stock Performance

Shares of NYSE:TV remained flat at $1.98 on Monday. The stock had a trading volume of 1,535,250 shares, compared to its average volume of 1,608,085. 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 firm has a market capitalization of $1.09 billion, a P/E ratio of -2.78, a PEG ratio of 0.75 and a beta of 1.81. Grupo Televisa, S.A.B. has a twelve month low of $1.69 and a twelve month high of $3.65. The business has a 50-day moving average of $2.27 and a 200 day moving average of $2.35.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last announced its earnings results on Thursday, October 24th. The company reported $0.07 earnings per share for the quarter, beating 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 firm had revenue of $812.55 million during the quarter, compared to the consensus estimate of $828.35 million. As a group, equities analysts predict that Grupo Televisa, S.A.B. will post 0.08 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TV. Benchmark reduced 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 research report on Thursday, October 24th. 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. downgraded shares of 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 shares of Grupo Televisa, S.A.B. from $2.90 to $2.50 and set a "buy" rating for the company in a research report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $5.25.

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.