Gamco Investors INC. ET AL increased its position in shares of Grupo Televisa, S.A.B. (NYSE:TV – Get Rating) by 4.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,430,303 shares of the company's stock after buying an additional 336,758 shares during the quarter. Grupo Televisa, S.A.B. comprises 0.8% of Gamco Investors INC. ET AL's investment portfolio, making the stock its 22nd biggest holding. Gamco Investors INC. ET AL owned about 1.33% of Grupo Televisa, S.A.B. worth $86,935,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in TV. Dodge & Cox grew its position in shares of Grupo Televisa, S.A.B. by 2.1% during the fourth quarter. Dodge & Cox now owns 64,751,320 shares of the company's stock worth $606,720,000 after acquiring an additional 1,350,000 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in Grupo Televisa, S.A.B. by 8.4% during the 4th quarter. Nuveen Asset Management LLC now owns 6,823,060 shares of the company's stock worth $63,932,000 after purchasing an additional 526,551 shares during the period. Alua Capital Management LP grew its position in Grupo Televisa, S.A.B. by 34.8% during the 4th quarter. Alua Capital Management LP now owns 6,538,066 shares of the company's stock worth $61,262,000 after purchasing an additional 1,687,246 shares during the last quarter. MIG Capital LLC increased its stake in Grupo Televisa, S.A.B. by 8.1% in the fourth quarter. MIG Capital LLC now owns 5,810,937 shares of the company's stock valued at $54,448,000 after purchasing an additional 437,343 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in Grupo Televisa, S.A.B. by 4.6% in the first quarter. Russell Investments Group Ltd. now owns 5,011,061 shares of the company's stock valued at $58,627,000 after purchasing an additional 221,059 shares during the period. Institutional investors and hedge funds own 41.82% of the company's stock.
Get Grupo Televisa S.A.B. alerts:Grupo Televisa, S.A.B. Price Performance
Shares of NYSE TV opened at $6.36 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.41 and a current ratio of 2.47. Grupo Televisa, S.A.B. has a one year low of $6.06 and a one year high of $12.62. The firm has a market capitalization of $3.56 billion, a P/E ratio of 1.23 and a beta of 1.32. The company's fifty day moving average is $7.27 and its two-hundred day moving average is $8.87.
Wall Street Analyst Weigh In
TV has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Grupo Televisa, S.A.B. from $15.50 to $13.00 and set an "overweight" rating for the company in a research note on Monday, June 27th. The Goldman Sachs Group lowered their target price on Grupo Televisa, S.A.B. from $11.50 to $8.50 and set a "neutral" rating on the stock in a research note on Thursday, August 18th. UBS Group began coverage on Grupo Televisa, S.A.B. in a research note on Tuesday, June 28th. They set a "buy" rating and a $13.00 price target for the company. Credit Suisse Group downgraded Grupo Televisa, S.A.B. from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $14.00 to $8.00 in a report on Thursday, August 11th. Finally, Benchmark dropped their price objective on shares of Grupo Televisa, S.A.B. to $17.00 in a research note on Monday, July 25th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $14.64.About Grupo Televisa, S.A.B.
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Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. It operates in four segments: Cable, Sky, Content, and Other Businesses. The Cable segment operates cable multiple system and telecommunication facilities; 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 sales; and offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.
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