Grupo Televisa, S.A.B. (NYSE:TV) Short Interest Update

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,730,000 shares, a decrease of 31.7% from the March 15th total of 8,390,000 shares. Currently, 1.3% of the company's shares are short sold. Based on an average daily trading volume, of 2,400,000 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. PEAK6 LLC acquired a new stake in Grupo Televisa, S.A.B. during the fourth quarter worth approximately $41,000. Central Pacific Bank Trust Division grew its position 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 buying an additional 10,000 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at $47,000. Tower Research Capital LLC TRC increased its stake in shares of Grupo Televisa, S.A.B. by 3,312.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock valued at $52,000 after acquiring an additional 30,143 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Grupo Televisa, S.A.B. during the 3rd quarter valued at $123,000. 55.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TV has been the topic of several recent research reports. Benchmark reiterated a "buy" rating and set a $7.00 target price (down from $8.00) on shares of Grupo Televisa, S.A.B. in a research report on Wednesday, March 5th. The Goldman Sachs Group cut their price target 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. Trading Up 3.5 %

Shares of Grupo Televisa, S.A.B. stock traded up $0.07 during midday trading on Wednesday, reaching $1.92. The company had a trading volume of 1,984,542 shares, compared to its average volume of 1,817,520. The stock has a fifty day moving average price of $1.84 and a 200 day moving average price of $1.97. Grupo Televisa, S.A.B. has a fifty-two week low of $1.55 and a fifty-two week high of $3.43. The firm has a market cap of $1.06 billion, a PE ratio of -2.62 and a beta of 1.70. 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. (NYSE:TV - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.90) EPS 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 during the quarter, compared to the consensus estimate of $15.49 billion. On average, equities analysts anticipate that Grupo Televisa, S.A.B. will post -0.07 earnings per share for the current year.

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.