Dimensional Fund Advisors LP Sells 30,005 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Dimensional Fund Advisors LP decreased its position in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,915,731 shares of the company’s stock after selling 30,005 shares during the quarter. Dimensional Fund Advisors LP owned 0.53% of Grupo Televisa, S.A.B. worth $8,076,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of TV. Gamco Investors INC. ET AL increased its stake in shares of Grupo Televisa, S.A.B. by 25.7% in the first quarter. Gamco Investors INC. ET AL now owns 14,618,608 shares of the company’s stock valued at $46,780,000 after buying an additional 2,984,705 shares during the period. Gabelli Funds LLC boosted its holdings in Grupo Televisa, S.A.B. by 14.9% in the first quarter. Gabelli Funds LLC now owns 7,042,600 shares of the company’s stock valued at $22,536,000 after acquiring an additional 914,500 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Grupo Televisa, S.A.B. by 162.4% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,093,800 shares of the company’s stock valued at $10,333,000 after acquiring an additional 1,914,800 shares during the last quarter. American Century Companies Inc. boosted its holdings in Grupo Televisa, S.A.B. by 12.2% in the second quarter. American Century Companies Inc. now owns 841,994 shares of the company’s stock valued at $2,332,000 after acquiring an additional 91,237 shares during the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. boosted its holdings in Grupo Televisa, S.A.B. by 28.6% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 366,025 shares of the company’s stock valued at $1,171,000 after acquiring an additional 81,450 shares during the last quarter. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Price Performance

Shares of TV opened at $2.56 on Tuesday. The stock has a market cap of $1.41 billion, a P/E ratio of -2.94, a P/E/G ratio of 1.20 and a beta of 1.89. The business’s fifty day moving average is $2.10 and its 200 day moving average is $2.65. Grupo Televisa, S.A.B. has a 12-month low of $1.69 and a 12-month high of $3.64. The company has a quick ratio of 2.28, a current ratio of 2.31 and a debt-to-equity ratio of 0.04.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TV. StockNews.com cut Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a report on Monday, September 30th. The Goldman Sachs Group cut their price target on Grupo Televisa, S.A.B. from $3.30 to $2.90 and set a “buy” rating on the stock in a report on Monday, August 5th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Grupo Televisa, S.A.B. presently has an average rating of “Hold” and an average target price of $5.60.

About Grupo Televisa, S.A.B.

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.