Grupo Televisa, S.A.B. (NYSE:TV) Shares Sold by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lessened its stake in Grupo Televisa, S.A.B. (NYSE:TV) by 30.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,356 shares of the company’s stock after selling 9,350 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Grupo Televisa, S.A.B. were worth $36,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of TV. Squarepoint Ops LLC boosted its stake in 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Grupo Televisa, S.A.B. by 22.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 98,282 shares of the company’s stock worth $272,000 after buying an additional 17,864 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Grupo Televisa, S.A.B. during the second quarter worth about $29,000. Ballentine Partners LLC boosted its stake in shares of Grupo Televisa, S.A.B. by 18.0% during the third quarter. Ballentine Partners LLC now owns 37,039 shares of the company’s stock worth $95,000 after buying an additional 5,658 shares during the period. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in shares of Grupo Televisa, S.A.B. during the third quarter worth about $1,463,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Analysts Set New Price Targets

TV has been the subject of several recent research reports. StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Benchmark decreased 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 note on Thursday, October 24th. JPMorgan Chase & Co. downgraded shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research note on Thursday, November 14th. Finally, The Goldman Sachs Group decreased their target price on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating for the company in a research note on Tuesday, January 28th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $5.57.

Grupo Televisa, S.A.B. Stock Down 1.2 %

NYSE TV opened at $1.99 on Friday. Grupo Televisa, S.A.B. has a 52-week low of $1.66 and a 52-week high of $3.64. The firm has a 50-day moving average price of $1.85 and a 200 day moving average price of $2.07. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41.

Grupo Televisa, S.A.B. Company 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.