Robeco Institutional Asset Management B.V. Takes $1.46 Million Position in Grupo Televisa, S.A.B. (NYSE:TV)

Robeco Institutional Asset Management B.V. bought a new position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 571,461 shares of the company's stock, valued at approximately $1,463,000. Robeco Institutional Asset Management B.V. owned approximately 0.10% of Grupo Televisa, S.A.B. as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Ballentine Partners LLC raised its stake in shares of Grupo Televisa, S.A.B. by 18.0% in the third quarter. Ballentine Partners LLC now owns 37,039 shares of the company's stock valued at $95,000 after acquiring an additional 5,658 shares during the last quarter. Central Pacific Bank Trust Division raised its stake in shares of Grupo Televisa, S.A.B. by 50.0% in the third quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company's stock valued at $38,000 after acquiring an additional 5,000 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Grupo Televisa, S.A.B. in the second quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Grupo Televisa, S.A.B. by 22.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,282 shares of the company's stock valued at $272,000 after acquiring an additional 17,864 shares during the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Grupo Televisa, S.A.B. by 199.3% in the second quarter. Squarepoint Ops LLC now owns 91,482 shares of the company's stock valued at $253,000 after acquiring an additional 60,918 shares during the last quarter. 55.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TV. StockNews.com upgraded shares of Grupo Televisa, S.A.B. from a "hold" rating to a "buy" rating in a research report on Thursday, October 24th. The Goldman Sachs Group dropped their target price on shares of Grupo Televisa, S.A.B. from $3.30 to $2.90 and set a "buy" rating for the company in a research report on Monday, August 5th. Finally, Benchmark dropped their target price on shares of Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a "buy" rating for the company in a research report on Thursday, October 24th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $5.35.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE TV traded down $0.01 during midday trading on Friday, reaching $2.40. The company's stock had a trading volume of 1,304,603 shares, compared to its average volume of 1,929,318. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.43. Grupo Televisa, S.A.B. has a fifty-two week low of $1.69 and a fifty-two week high of $3.64. The business's 50 day moving average price is $2.27 and its two-hundred day moving average price is $2.52. The company has a market cap of $1.33 billion, a P/E ratio of -3.38, a P/E/G ratio of 1.08 and a beta of 1.88.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.04. The business had revenue of $812.55 million for the quarter, compared to analysts' expectations of $828.35 million. Grupo Televisa, S.A.B. had a negative net margin of 10.88% and a negative return on equity of 5.68%. On average, analysts forecast that Grupo Televisa, S.A.B. will post 0.07 EPS for the current fiscal year.

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.