Barometer Capital Management Inc. Has $862,000 Stock Position in Grupo Televisa S.A. $TV

Barometer Capital Management Inc. lifted its stake in shares of Grupo Televisa S.A. (NYSE:TV) by 192.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 320,400 shares of the company’s stock after purchasing an additional 210,800 shares during the period. Barometer Capital Management Inc. owned 0.06% of Grupo Televisa worth $862,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in Grupo Televisa by 84.9% during the third quarter. BNP Paribas Financial Markets now owns 109,302 shares of the company’s stock worth $294,000 after buying an additional 50,177 shares during the last quarter. Natixis Advisors LLC lifted its stake in Grupo Televisa by 117.1% in the third quarter. Natixis Advisors LLC now owns 346,896 shares of the company’s stock valued at $933,000 after acquiring an additional 187,108 shares during the last quarter. Gabelli Funds LLC lifted its stake in Grupo Televisa by 5.9% in the third quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock valued at $18,828,000 after acquiring an additional 388,500 shares during the last quarter. Gamco Investors INC. ET AL grew its position in shares of Grupo Televisa by 2.0% in the 3rd quarter. Gamco Investors INC. ET AL now owns 18,921,985 shares of the company’s stock valued at $50,900,000 after acquiring an additional 370,166 shares during the period. Finally, US Bancorp DE increased its stake in shares of Grupo Televisa by 32.8% during the 3rd quarter. US Bancorp DE now owns 217,066 shares of the company’s stock worth $584,000 after purchasing an additional 53,659 shares during the last quarter. 55.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

TV has been the topic of a number of research analyst reports. Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Grupo Televisa has an average rating of “Hold” and an average price target of $5.07.

Grupo Televisa Trading Up 0.2%

Shares of NYSE:TV opened at $2.95 on Thursday. Grupo Televisa S.A. has a 12-month low of $1.55 and a 12-month high of $3.49. The company’s 50 day moving average price is $3.12 and its two-hundred day moving average price is $2.88. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.11 and a current ratio of 2.12.

Grupo Televisa (NYSE:TV) last released its earnings results on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.77). Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. The firm had revenue of $794.82 million during the quarter, compared to the consensus estimate of $799.01 million. As a group, sell-side analysts predict that Grupo Televisa S.A. will post -0.07 earnings per share for the current year.

Grupo Televisa Company Profile

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa’s portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa’s broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.