Grupo Televisa (NYSE:TV) Upgraded at Zacks Research

Zacks Research upgraded shares of Grupo Televisa (NYSE:TV) from a strong sell rating to a hold rating in a report published on Monday,Zacks.com reports.

Several other analysts have also recently issued reports on TV. UBS Group reissued a “buy” rating on shares of Grupo Televisa in a research note on Monday, October 27th. Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $5.07.

Grupo Televisa Price Performance

Shares of Grupo Televisa stock opened at $3.34 on Monday. The company’s fifty day simple moving average is $2.96 and its two-hundred day simple moving average is $2.72. Grupo Televisa has a 12-month low of $1.55 and a 12-month high of $3.47. The firm has a market cap of $1.83 billion, a PE ratio of -3.30, a price-to-earnings-growth ratio of 1.27 and a beta of 1.95. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03.

Institutional Investors Weigh In On Grupo Televisa

Hedge funds have recently made changes to their positions in the company. Strid Group LLC bought a new position in Grupo Televisa in the third quarter worth $27,000. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Grupo Televisa in the 3rd quarter worth about $28,000. TD Private Client Wealth LLC grew its position in shares of Grupo Televisa by 68.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after buying an additional 4,355 shares during the period. Evergreen Capital Management LLC bought a new position in shares of Grupo Televisa in the 2nd quarter worth about $29,000. Finally, Assetmark Inc. purchased a new position in Grupo Televisa during the 2nd quarter valued at about $34,000. 55.77% of the stock is currently owned by institutional investors.

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.