Capstone Financial Advisors Inc. Trims Stock Position in Grupo Televisa S.A. (NYSE:TV)

Capstone Financial Advisors Inc. lessened its holdings in shares of Grupo Televisa S.A. (NYSE:TV) by 16.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the company’s stock after selling 10,000 shares during the period. Capstone Financial Advisors Inc.’s holdings in Grupo Televisa were worth $88,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Itau Unibanco Holding S.A. increased its holdings in Grupo Televisa by 13,477.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 1,749,042 shares of the company’s stock worth $2,938,000 after acquiring an additional 1,736,160 shares in the last quarter. Gamco Investors INC. ET AL increased its holdings in Grupo Televisa by 3.0% in the 4th quarter. Gamco Investors INC. ET AL now owns 17,119,063 shares of the company’s stock worth $28,760,000 after acquiring an additional 500,271 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings in Grupo Televisa by 227.1% in the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 385,075 shares of the company’s stock worth $647,000 after acquiring an additional 267,350 shares in the last quarter. Marshall Wace LLP purchased a new stake in Grupo Televisa in the 4th quarter worth $394,000. Finally, Millennium Management LLC increased its holdings in Grupo Televisa by 109.2% in the 4th quarter. Millennium Management LLC now owns 356,624 shares of the company’s stock worth $599,000 after acquiring an additional 186,165 shares in the last quarter. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Benchmark raised their price objective on Grupo Televisa from $7.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. The Goldman Sachs Group raised their price objective on Grupo Televisa from $1.80 to $2.20 and gave the company a “buy” rating in a report on Wednesday, May 21st. Wall Street Zen lowered Grupo Televisa from a “buy” rating to a “hold” rating in a report on Friday, May 30th. Finally, UBS Group increased their price objective on shares of Grupo Televisa from $2.40 to $2.50 and gave the company a “neutral” rating in a report on Tuesday, July 29th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Grupo Televisa presently has an average rating of “Hold” and an average price target of $4.57.

Grupo Televisa Stock Down 2.9%

Shares of NYSE:TV opened at $2.72 on Monday. The company has a quick ratio of 2.33, a current ratio of 2.35 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $2.23 and a two-hundred day moving average of $2.00. The stock has a market cap of $1.51 billion, a P/E ratio of -3.63, a PEG ratio of 1.70 and a beta of 1.97. Grupo Televisa S.A. has a 52-week low of $1.55 and a 52-week high of $2.89.

Grupo Televisa (NYSE:TV) last issued its earnings results on Tuesday, July 22nd. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.06. The company had revenue of $787.59 million during the quarter, compared to analysts’ expectations of $14.96 billion. Grupo Televisa had a negative return on equity of 6.95% and a negative net margin of 13.56%. On average, research analysts expect that Grupo Televisa S.A. will post -0.07 earnings per share for the current year.

Grupo Televisa Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 30th were given a $0.0908 dividend. The ex-dividend date was Friday, May 30th. This represents a yield of 390.0%. Grupo Televisa’s payout ratio is currently -10.67%.

Grupo Televisa 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.