Grupo Televisa, S.A.B. (NYSE:TV) Receives $5.16 Average PT from Analysts

Grupo Televisa, S.A.B. (NYSE:TV) has been assigned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $5.16.

A number of equities analysts have issued reports on the company. StockNews.com raised Grupo Televisa, S.A.B. from a “hold” rating to a “buy” rating in a research report on Wednesday. The Goldman Sachs Group cut their target price on Grupo Televisa, S.A.B. from $3.30 to $2.90 and set a “buy” rating on the stock in a research report on Monday, August 5th.

Grupo Televisa, S.A.B. Stock Performance

Shares of TV opened at $1.86 on Wednesday. The business’s 50 day moving average is $2.13 and its two-hundred day moving average is $2.71. Grupo Televisa, S.A.B. has a 52-week low of $1.69 and a 52-week high of $3.65. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -2.14, a PEG ratio of 0.86 and a beta of 1.88. The company has a quick ratio of 2.28, a current ratio of 2.31 and a debt-to-equity ratio of 0.04.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its holdings in shares of Grupo Televisa, S.A.B. by 443,655.6% in the fourth quarter. BNP Paribas Financial Markets now owns 119,814 shares of the company’s stock valued at $400,000 after buying an additional 119,787 shares during the period. Jump Financial LLC grew its holdings in Grupo Televisa, S.A.B. by 223.8% in the 4th quarter. Jump Financial LLC now owns 216,924 shares of the company’s stock valued at $725,000 after buying an additional 149,923 shares during the last quarter. Ieq Capital LLC acquired a new stake in Grupo Televisa, S.A.B. in the 4th quarter valued at approximately $37,000. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Grupo Televisa, S.A.B. by 244.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 84,620 shares of the company’s stock worth $283,000 after purchasing an additional 60,045 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in Grupo Televisa, S.A.B. by 399.4% in the 4th quarter. Quadrant Capital Group LLC now owns 84,900 shares of the company’s stock valued at $284,000 after buying an additional 67,900 shares in the last quarter. 55.77% of the stock is currently owned by institutional investors.

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.