Asset Management One Co. Ltd. Has $438,000 Stake in Grupo Televisa, S.A.B. (NYSE:TV)

Asset Management One Co. Ltd. grew its position in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 101.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 129,678 shares of the company’s stock after buying an additional 65,234 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Grupo Televisa, S.A.B. were worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in TV. Quantbot Technologies LP bought a new position in shares of Grupo Televisa, S.A.B. in the 2nd quarter valued at approximately $25,000. PNC Financial Services Group Inc. raised its stake in shares of Grupo Televisa, S.A.B. by 181.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,409 shares of the company’s stock valued at $33,000 after acquiring an additional 4,129 shares in the last quarter. Citigroup Inc. bought a new position in shares of Grupo Televisa, S.A.B. in the 1st quarter valued at approximately $111,000. Atria Wealth Solutions Inc. bought a new position in shares of Grupo Televisa, S.A.B. in the 1st quarter valued at approximately $117,000. Finally, Moors & Cabot Inc. bought a new position in shares of Grupo Televisa, S.A.B. in the 3rd quarter valued at approximately $31,000. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TV shares. StockNews.com raised Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research note on Monday, February 26th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $4.00 price target (down from $7.00) on shares of Grupo Televisa, S.A.B. in a research report on Friday, January 5th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $5.52.

Grupo Televisa, S.A.B. Stock Performance

Shares of NYSE TV opened at $3.23 on Friday. The company has a market cap of $1.79 billion, a P/E ratio of -3.08 and a beta of 1.77. The company has a quick ratio of 1.73, a current ratio of 1.76 and a debt-to-equity ratio of 0.64. Grupo Televisa, S.A.B. has a 12 month low of $2.10 and a 12 month high of $5.54. The business’s 50 day moving average is $3.12 and its two-hundred day moving average is $2.96.

Grupo Televisa, S.A.B. (NYSE:TV) last released its quarterly earnings data on Thursday, February 22nd. The company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.87). The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. Grupo Televisa, S.A.B. had a negative net margin of 13.99% and a negative return on equity of 7.36%. During the same quarter in the prior year, the firm posted ($1.27) earnings per share. On average, equities analysts expect that Grupo Televisa, S.A.B. will post 0.1 EPS for the current year.

Grupo Televisa, S.A.B. Profile

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking Mexico and internationally. 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 services, as well as sales 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.