Robeco Institutional Asset Management B.V. Buys 1,404,933 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Robeco Institutional Asset Management B.V. grew its position in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 245.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,976,394 shares of the company's stock after acquiring an additional 1,404,933 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.36% of Grupo Televisa, S.A.B. worth $3,320,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its holdings in Grupo Televisa, S.A.B. by 1,005,403.7% during the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company's stock worth $695,000 after purchasing an additional 271,459 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Grupo Televisa, S.A.B. during the 3rd quarter worth $284,000. Squarepoint Ops LLC boosted its holdings in shares of Grupo Televisa, S.A.B. by 199.3% in the 2nd quarter. Squarepoint Ops LLC now owns 91,482 shares of the company's stock worth $253,000 after buying an additional 60,918 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in Grupo Televisa, S.A.B. during the third quarter valued at about $123,000. Finally, Centiva Capital LP boosted its stake in Grupo Televisa, S.A.B. by 86.3% in the third 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 owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TV shares. 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. The Goldman Sachs Group dropped their price objective 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. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an "overweight" rating to a "neutral" rating in a research report on Thursday, November 14th. Finally, Benchmark decreased their price objective on shares of Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a "buy" rating on the stock in a research report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $5.57.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE TV traded down $0.03 during trading hours on Thursday, reaching $1.99. 2,191,101 shares of the stock traded hands, compared to its average volume of 2,491,937. The company has a market capitalization of $1.10 billion, a P/E ratio of -2.80 and a beta of 1.83. The company's 50-day simple moving average is $1.85 and its two-hundred day simple moving average is $2.07. 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 52-week low of $1.66 and a 52-week 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.