Jane Street Group LLC Sells 173,059 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Jane Street Group LLC trimmed its position in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 65.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 90,309 shares of the company’s stock after selling 173,059 shares during the quarter. Jane Street Group LLC’s holdings in Grupo Televisa, S.A.B. were worth $231,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in shares of Grupo Televisa, S.A.B. during the second quarter valued at approximately $29,000. Central Pacific Bank Trust Division lifted its holdings in shares of Grupo Televisa, S.A.B. by 50.0% during the third quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company’s stock valued at $38,000 after purchasing an additional 5,000 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new position in shares of Grupo Televisa, S.A.B. during the third quarter valued at approximately $90,000. Ballentine Partners LLC lifted its holdings in shares of Grupo Televisa, S.A.B. by 18.0% during the third quarter. Ballentine Partners LLC now owns 37,039 shares of the company’s stock valued at $95,000 after purchasing an additional 5,658 shares during the last quarter. Finally, PEAK6 Investments LLC purchased a new position in shares of Grupo Televisa, S.A.B. during the third quarter valued at approximately $119,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa, S.A.B. Stock Down 4.0 %

TV opened at $1.81 on Friday. The firm has a 50-day simple moving average of $1.98 and a two-hundred day simple moving average of $2.17. Grupo Televisa, S.A.B. has a 52 week low of $1.66 and a 52 week high of $3.65. The company has a market capitalization of $999.61 million, a PE ratio of -2.54, a price-to-earnings-growth ratio of 0.56 and a beta of 1.82. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03.

Grupo Televisa, S.A.B. (NYSE:TV) last announced its earnings results on Thursday, October 24th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. The firm had revenue of $812.55 million for the quarter, compared to analysts’ expectations of $828.35 million. Grupo Televisa, S.A.B. had a negative net margin of 10.88% and a negative return on equity of 5.68%. Analysts forecast that Grupo Televisa, S.A.B. will post 0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TV shares. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a report on Thursday, November 14th. The Goldman Sachs Group decreased their target price on shares of Grupo Televisa, S.A.B. from $2.90 to $2.50 and set a “buy” rating for the company in a research note on Friday, November 15th. Benchmark decreased their target price on shares of Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Finally, StockNews.com lowered shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $5.67.

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.