Barclays PLC Invests $168,000 in Grupo Televisa, S.A.B. (NYSE:TV)

Barclays PLC bought a new stake in shares of Grupo Televisa, S.A.B. (NYSE:TV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 100,000 shares of the company’s stock, valued at approximately $168,000.

Several other hedge funds have also bought and sold shares of TV. GFS Advisors LLC purchased a new position in Grupo Televisa, S.A.B. during the 4th quarter valued at $3,600,000. Robeco Institutional Asset Management B.V. lifted 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 valued at $3,320,000 after acquiring an additional 1,404,933 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter worth approximately $939,000. American Century Companies Inc. lifted its stake in shares of Grupo Televisa, S.A.B. by 11.8% in the 4th quarter. American Century Companies Inc. now owns 1,312,209 shares of the company’s stock worth $2,205,000 after purchasing an additional 138,303 shares during the period. Finally, Banco Santander S.A. lifted its stake in shares of Grupo Televisa, S.A.B. by 73.6% in the 4th quarter. Banco Santander S.A. now owns 317,620 shares of the company’s stock worth $534,000 after purchasing an additional 134,621 shares during the period. 55.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have 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 for the company in a report on Tuesday, January 28th. Benchmark reiterated a “buy” rating and set a $7.00 target price (down from $8.00) on shares of Grupo Televisa, S.A.B. in a research report on Wednesday, March 5th. Finally, StockNews.com upgraded Grupo Televisa, S.A.B. from a “hold” rating to a “buy” rating in a research report on Monday.

Grupo Televisa, S.A.B. Trading Up 1.9%

Shares of TV stock opened at $1.84 on Wednesday. The stock has a 50 day simple moving average of $1.79 and a 200-day simple moving average of $1.91. Grupo Televisa, S.A.B. has a 1-year low of $1.55 and a 1-year high of $3.43. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -2.51 and a beta of 1.92.

Grupo Televisa, S.A.B. (NYSE:TV) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.09. Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. The firm had revenue of $763.42 million during the quarter, compared to the consensus estimate of $15.33 billion. On average, equities research analysts expect that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

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.