Mitsubishi UFJ Trust & Banking Corp Acquires New Holdings in Grupo Televisa, S.A.B. (NYSE:TV)

Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of Grupo Televisa, S.A.B. (NYSE:TV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 558,882 shares of the company’s stock, valued at approximately $939,000.

Several other hedge funds and other institutional investors have also bought and sold shares of TV. GFS Advisors LLC bought a new stake in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at about $3,600,000. Robeco Institutional Asset Management B.V. grew its stake in Grupo Televisa, S.A.B. by 245.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company’s stock worth $3,320,000 after buying an additional 1,404,933 shares during the last quarter. American Century Companies Inc. increased its position in Grupo Televisa, S.A.B. by 11.8% during the 4th quarter. American Century Companies Inc. now owns 1,312,209 shares of the company’s stock valued at $2,205,000 after buying an additional 138,303 shares in the last quarter. Banco Santander S.A. raised its stake in Grupo Televisa, S.A.B. by 73.6% in the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company’s stock valued at $534,000 after buying an additional 134,621 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Grupo Televisa, S.A.B. by 1,005,403.7% in the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock worth $695,000 after acquiring an additional 271,459 shares in the last quarter. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Trading Up 0.9 %

Shares of NYSE:TV opened at $1.77 on Wednesday. The business has a 50-day moving average price of $1.91 and a 200-day moving average price of $2.04. The stock has a market cap of $977.46 million, a price-to-earnings ratio of -2.42 and a beta of 1.84. Grupo Televisa, S.A.B. has a 52-week low of $1.66 and a 52-week high of $3.47. 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. (NYSE:TV) last announced its quarterly earnings data on Thursday, February 20th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.91). The business had revenue of $758.58 million for the quarter, compared to analyst estimates of $15.49 billion. Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. Equities analysts predict that Grupo Televisa, S.A.B. will post -0.07 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group cut their price objective on shares of 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. Benchmark restated a “buy” rating and set a $7.00 price target (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a research note on Wednesday, March 5th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.