Shares of Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.06 and traded as high as $2.22. Grupo Televisa, S.A.B. shares last traded at $2.13, with a volume of 2,992,387 shares trading hands.
Wall Street Analyst Weigh In
TV has been the topic of a number of recent analyst reports. Benchmark reaffirmed a "buy" rating and set a $8.00 target price on shares of Grupo Televisa, S.A.B. in a research report on Tuesday, February 11th. StockNews.com lowered shares of Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a research note on Thursday, November 28th. JPMorgan Chase & Co. downgraded Grupo Televisa, S.A.B. from an "overweight" rating to a "neutral" rating in a report on Thursday, November 14th. Finally, The Goldman Sachs Group reduced their price target on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating for the company in a research report on Tuesday, January 28th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $4.57.
Get Our Latest Stock Report on Grupo Televisa, S.A.B.
Grupo Televisa, S.A.B. Stock Down 6.2 %
The stock has a market cap of $1.08 billion, a P/E ratio of -2.74 and a beta of 1.83. The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. The firm's fifty day moving average is $1.87 and its 200 day moving average is $2.06.
Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share (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 10.88% and a negative return on equity of 5.68%. The business had revenue of $758.58 million during the quarter, compared to analyst estimates of $15.49 billion. As a group, equities research analysts forecast that Grupo Televisa, S.A.B. will post 0.12 EPS for the current year.
Institutional Investors Weigh In On Grupo Televisa, S.A.B.
Large investors have recently modified their holdings of the stock. GFS Advisors LLC acquired a new stake in Grupo Televisa, S.A.B. in the 4th quarter valued at $3,600,000. Itau Unibanco Holding S.A. boosted its stake in Grupo Televisa, S.A.B. by 13,477.4% in the fourth quarter. Itau Unibanco Holding S.A. now owns 1,749,042 shares of the company's stock worth $2,938,000 after purchasing an additional 1,736,160 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Grupo Televisa, S.A.B. by 245.8% in 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 acquiring an additional 1,404,933 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in Grupo Televisa, S.A.B. during the 4th quarter worth $939,000. Finally, Gamco Investors INC. ET AL boosted its holdings in Grupo Televisa, S.A.B. by 3.0% in the fourth quarter. Gamco Investors INC. ET AL now owns 17,119,063 shares of the company's stock valued at $28,760,000 after acquiring an additional 500,271 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors.
About Grupo Televisa, S.A.B.
(
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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.
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