Grupo Televisa, S.A.B. (NYSE:TV) Given Average Recommendation of “Hold” by Brokerages

Shares of Grupo Televisa, S.A.B. (NYSE:TVGet Rating) have received a consensus rating of “Hold” from the ten brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $19.38.

A number of analysts recently issued reports on the company. Bank of America upgraded Grupo Televisa, S.A.B. from a “neutral” rating to a “buy” rating in a research report on Friday, February 4th. JPMorgan Chase & Co. initiated coverage on Grupo Televisa, S.A.B. in a research report on Friday, March 18th. They set an “overweight” rating and a $15.50 target price for the company. Barclays upgraded Grupo Televisa, S.A.B. from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $11.00 to $13.00 in a research report on Wednesday, March 23rd. Itau BBA Securities upgraded Grupo Televisa, S.A.B. from a “market perform” rating to an “outperform” rating in a research report on Friday, February 4th. Finally, StockNews.com downgraded Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd.

Institutional investors have recently made changes to their positions in the company. Citigroup Inc. purchased a new position in shares of Grupo Televisa, S.A.B. during the first quarter valued at $111,000. qPULA Trading Management LP purchased a new position in shares of Grupo Televisa, S.A.B. during the first quarter valued at $119,000. Atlas Capital Advisors LLC grew its stake in Grupo Televisa, S.A.B. by 62.4% in the fourth quarter. Atlas Capital Advisors LLC now owns 12,940 shares of the company’s stock valued at $121,000 after purchasing an additional 4,974 shares during the last quarter. Advisor Partners LLC purchased a new position in Grupo Televisa, S.A.B. in the first quarter valued at about $123,000. Finally, Peapack Gladstone Financial Corp purchased a new position in Grupo Televisa, S.A.B. in the third quarter valued at about $128,000. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Shares of TV opened at $8.47 on Friday. The company has a market cap of $4.74 billion, a PE ratio of 1.67 and a beta of 1.33. The business has a fifty day moving average of $10.26 and a 200 day moving average of $10.09. Grupo Televisa, S.A.B. has a 52-week low of $7.85 and a 52-week high of $15.06. The company has a quick ratio of 2.58, a current ratio of 2.63 and a debt-to-equity ratio of 0.05.

Grupo Televisa, S.A.B. (NYSE:TVGet Rating) last issued its quarterly earnings results on Friday, February 25th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.14. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.44 billion. Grupo Televisa, S.A.B. had a return on equity of 3.54% and a net margin of 59.31%. As a group, research analysts anticipate that Grupo Televisa, S.A.B. will post 0.19 earnings per share for the current fiscal year.

Grupo Televisa, S.A.B. Company Profile (Get Rating)

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates in four segments: Cable, Sky, Content, and Other Businesses. The Cable segment operates cable multiple system and telecommunication facilities. It 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 sales; and data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.

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Analyst Recommendations for Grupo Televisa, S.A.B. (NYSE:TV)

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