Grupo Televisa, S.A.B. (NYSE:TV) Short Interest Down 13.3% in March

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 8,390,000 shares, a drop of 13.3% from the February 28th total of 9,680,000 shares. Currently, 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 2,330,000 shares, the short-interest ratio is currently 3.6 days.

Hedge Funds Weigh In On Grupo Televisa, S.A.B.

Hedge funds have recently bought and sold shares of the business. PEAK6 LLC acquired a new position in shares of Grupo Televisa, S.A.B. during the 4th quarter worth approximately $41,000. Central Pacific Bank Trust Division boosted its stake in shares of Grupo Televisa, S.A.B. by 66.7% in the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock valued at $42,000 after buying an additional 10,000 shares during the period. Russell Investments Group Ltd. acquired a new stake in Grupo Televisa, S.A.B. during the fourth quarter worth approximately $47,000. Tower Research Capital LLC TRC increased its stake in Grupo Televisa, S.A.B. by 3,312.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock worth $52,000 after acquiring an additional 30,143 shares during the period. Finally, Employees Retirement System of Texas acquired a new position in Grupo Televisa, S.A.B. in the 4th quarter valued at $84,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa, S.A.B. Stock Performance

Shares of Grupo Televisa, S.A.B. stock traded down $0.08 on Friday, hitting $1.67. The stock had a trading volume of 3,589,697 shares, compared to its average volume of 1,769,441. The stock has a market cap of $924.85 million, a price-to-earnings ratio of -2.29 and a beta of 1.84. The business's 50 day moving average is $1.90 and its two-hundred day moving average is $2.03. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Grupo Televisa, S.A.B. has a twelve month low of $1.62 and a twelve month high of $3.47.

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Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last issued 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 analyst estimates of $15.49 billion. Analysts forecast that Grupo Televisa, S.A.B. will post -0.07 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. The Goldman Sachs Group decreased 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 report on Tuesday, January 28th. Benchmark reiterated a "buy" rating and issued a $7.00 price objective (down from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $4.23.

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.