AQR Capital Management LLC Sells 899,840 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

AQR Capital Management LLC lowered its stake in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 9.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,317,156 shares of the company's stock after selling 899,840 shares during the quarter. AQR Capital Management LLC owned about 1.50% of Grupo Televisa, S.A.B. worth $23,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TV. Gamco Investors INC. ET AL raised its stake in shares of Grupo Televisa, S.A.B. by 25.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 14,618,608 shares of the company's stock worth $46,780,000 after buying an additional 2,984,705 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in Grupo Televisa, S.A.B. by 162.4% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,093,800 shares of the company's stock worth $10,333,000 after acquiring an additional 1,914,800 shares in the last quarter. Discovery Capital Management LLC CT raised its position in Grupo Televisa, S.A.B. by 6.2% in the second quarter. Discovery Capital Management LLC CT now owns 16,944,935 shares of the company's stock worth $46,937,000 after acquiring an additional 993,295 shares in the last quarter. Gabelli Funds LLC lifted its holdings in Grupo Televisa, S.A.B. by 14.9% in the 1st quarter. Gabelli Funds LLC now owns 7,042,600 shares of the company's stock valued at $22,536,000 after acquiring an additional 914,500 shares during the last quarter. Finally, CastleKnight Management LP boosted its position in shares of Grupo Televisa, S.A.B. by 160.3% during the 4th quarter. CastleKnight Management LP now owns 455,000 shares of the company's stock valued at $1,520,000 after purchasing an additional 280,200 shares in the last quarter. Institutional investors own 55.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TV shares. StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a report on Monday. The Goldman Sachs Group dropped their price target on Grupo Televisa, S.A.B. from $3.30 to $2.90 and set a "buy" rating on the stock in a report on Monday, August 5th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $5.16.

Grupo Televisa, S.A.B. Stock Up 2.1 %

Shares of TV traded up $0.06 during mid-day trading on Tuesday, reaching $2.62. The company's stock had a trading volume of 3,438,345 shares, compared to its average volume of 1,533,920. The company has a market cap of $1.45 billion, a price-to-earnings ratio of -3.00, a price-to-earnings-growth ratio of 1.12 and a beta of 1.88. The business has a fifty day moving average of $2.07 and a 200 day moving average of $2.66. The company has a quick ratio of 2.28, a current ratio of 2.31 and a debt-to-equity ratio of 0.04. Grupo Televisa, S.A.B. has a 1 year low of $1.69 and a 1 year high of $3.64.

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.