558,882 Shares in Grupo Televisa, S.A.B. (NYSE:TV) Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp purchased a new position in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 558,882 shares of the company's stock, valued at approximately $939,000. Mitsubishi UFJ Trust & Banking Corp owned about 0.10% of Grupo Televisa, S.A.B. at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of TV. Central Pacific Bank Trust Division boosted its holdings in 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 worth $42,000 after purchasing an additional 10,000 shares in the last quarter. PEAK6 Investments LLC acquired a new stake in shares of Grupo Televisa, S.A.B. in the third quarter worth about $119,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Grupo Televisa, S.A.B. in the third quarter worth about $123,000. EntryPoint Capital LLC boosted its stake in shares of Grupo Televisa, S.A.B. by 55.3% during the 4th quarter. EntryPoint Capital LLC now owns 128,898 shares of the company's stock worth $217,000 after acquiring an additional 45,889 shares in the last quarter. Finally, Centiva Capital LP increased its holdings in shares of Grupo Televisa, S.A.B. by 86.3% during the 3rd quarter. Centiva Capital LP now owns 101,499 shares of the company's stock valued at $260,000 after acquiring an additional 47,014 shares during the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Televisa, S.A.B. Stock Performance

TV stock traded down $0.08 on Friday, reaching $1.67. 3,589,697 shares of the company were exchanged, compared to its average volume of 1,773,044. The firm has a market capitalization of $924.85 million, a PE ratio of -2.29 and a beta of 1.70. Grupo Televisa, S.A.B. has a 12 month low of $1.62 and a 12 month high of $3.47. The stock's fifty day moving average price is $1.90 and its 200 day moving average price is $2.03. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41.

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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 for the quarter, missing analysts' consensus estimates of $0.01 by ($0.91). Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. The firm had revenue of $758.58 million for the quarter, compared to analyst estimates of $15.49 billion. On average, research analysts anticipate that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports 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 for the company in a research report on Tuesday, January 28th. Benchmark reaffirmed a "buy" rating and set 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 research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $4.23.

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.