Asset Management One Co. Ltd. Sells 5,721 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Asset Management One Co. Ltd. lessened its holdings in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 5.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,534 shares of the company’s stock after selling 5,721 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Grupo Televisa, S.A.B. were worth $183,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its position in shares of Grupo Televisa, S.A.B. by 1,005,403.7% in the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock valued at $695,000 after acquiring an additional 271,459 shares during the period. Central Pacific Bank Trust Division raised its stake in shares of Grupo Televisa, S.A.B. by 66.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company’s stock worth $42,000 after acquiring an additional 10,000 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in shares of Grupo Televisa, S.A.B. in the third quarter worth $1,463,000. Thrivent Financial for Lutherans purchased a new position in shares of Grupo Televisa, S.A.B. in the third quarter worth $284,000. Finally, GFS Advisors LLC purchased a new position in shares of Grupo Televisa, S.A.B. in the fourth quarter worth $3,600,000. Institutional investors own 55.77% of the company’s stock.

Wall Street Analyst Weigh In

TV has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a report on Thursday, November 14th. StockNews.com cut shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Benchmark reiterated a “buy” rating and issued a $8.00 price target on shares of Grupo Televisa, S.A.B. in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group cut their price target on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating on the stock in a report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $4.57.

Grupo Televisa, S.A.B. Stock Performance

Shares of TV stock opened at $2.07 on Friday. Grupo Televisa, S.A.B. has a 12 month low of $1.66 and a 12 month high of $3.64. The stock has a market cap of $1.14 billion, a PE ratio of -2.91 and a beta of 1.83. The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. The company’s fifty day moving average price is $1.87 and its 200-day moving average price is $2.06.

Grupo Televisa, S.A.B. (NYSE:TV) last announced its earnings results on Thursday, February 20th. The company reported ($0.90) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.91). Grupo Televisa, S.A.B. had a negative net margin of 10.88% and a negative return on equity of 5.68%. On average, equities analysts expect that Grupo Televisa, S.A.B. will post 0.12 EPS for the current fiscal year.

Grupo Televisa, S.A.B. 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.