Crossmark Global Holdings Inc. Has $269,000 Holdings in Grupo Televisa, S.A.B. (NYSE:TV)

Crossmark Global Holdings Inc. cut its position in Grupo Televisa, S.A.B. (NYSE:TVGet Rating) by 9.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,005 shares of the company’s stock after selling 5,464 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Grupo Televisa, S.A.B. were worth $269,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TV. American Century Companies Inc. grew its stake in Grupo Televisa, S.A.B. by 9.3% in the 1st quarter. American Century Companies Inc. now owns 158,379 shares of the company’s stock valued at $1,853,000 after buying an additional 13,444 shares during the last quarter. Citigroup Inc. acquired a new position in Grupo Televisa, S.A.B. in the 1st quarter valued at $111,000. qPULA Trading Management LP acquired a new position in Grupo Televisa, S.A.B. in the 1st quarter valued at $119,000. Gamco Investors INC. ET AL grew its stake in Grupo Televisa, S.A.B. by 4.9% in the 1st quarter. Gamco Investors INC. ET AL now owns 7,438,203 shares of the company’s stock valued at $87,027,000 after buying an additional 344,658 shares during the last quarter. Finally, Gabelli Funds LLC grew its position in Grupo Televisa, S.A.B. by 2.5% in the 1st quarter. Gabelli Funds LLC now owns 4,138,000 shares of the company’s stock worth $48,415,000 after purchasing an additional 101,800 shares during the last quarter. 56.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TV. Credit Suisse Group upgraded shares of Grupo Televisa, S.A.B. from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 30th. StockNews.com lowered shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Friday, October 28th. Bank of America lowered shares of Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $6.50 price target on the stock. in a research report on Tuesday, November 29th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Grupo Televisa, S.A.B. from $10.00 to $8.50 and set an “overweight” rating on the stock in a research report on Thursday, November 3rd. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $10.64.

Grupo Televisa, S.A.B. Price Performance

NYSE:TV opened at $5.83 on Wednesday. Grupo Televisa, S.A.B. has a 52 week low of $4.47 and a 52 week high of $11.90. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 1.12, a PEG ratio of 6.84 and a beta of 1.33. The company has a 50-day moving average of $5.15 and a 200-day moving average of $5.95. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.31 and a current ratio of 2.36.

Grupo Televisa, S.A.B. (NYSE:TVGet Rating) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.02). Grupo Televisa, S.A.B. had a net margin of 70.08% and a return on equity of 3.12%. The firm had revenue of $951.77 million for the quarter, compared to the consensus estimate of $912.35 million. As a group, equities research analysts anticipate that Grupo Televisa, S.A.B. will post 0.32 earnings per share for the current fiscal year.

About Grupo Televisa, S.A.B.

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Grupo Televisa SAB engages in the provision of media products and services. It operates through the following segments: Content, Sky, Cable, and Other Businesses. The Content segment includes advertising, network subscription revenue and licensing and syndication. The Sky segment includes direct-to-home satellite television system.

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Institutional Ownership by Quarter for Grupo Televisa, S.A.B. (NYSE:TV)

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