Morningstar Investment Services LLC Invests $6.05 Million in Grupo Televisa SAB (NYSE:TV)

Morningstar Investment Services LLC purchased a new stake in shares of Grupo Televisa SAB (NYSE:TV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 717,171 shares of the company’s stock, valued at approximately $6,053,000. Morningstar Investment Services LLC owned 0.12% of Grupo Televisa SAB at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of Grupo Televisa SAB by 74.9% in the second quarter. Signaturefd LLC now owns 2,933 shares of the company’s stock worth $25,000 after purchasing an additional 1,256 shares in the last quarter. North Star Investment Management Corp. increased its position in Grupo Televisa SAB by 5.8% in the 2nd quarter. North Star Investment Management Corp. now owns 110,000 shares of the company’s stock worth $928,000 after purchasing an additional 6,000 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Grupo Televisa SAB by 22.7% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 35,623 shares of the company’s stock worth $394,000 after purchasing an additional 6,600 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Grupo Televisa SAB by 49.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,387 shares of the company’s stock worth $197,000 after purchasing an additional 7,724 shares in the last quarter. Finally, Quantamental Technologies LLC lifted its holdings in shares of Grupo Televisa SAB by 48.9% during the 2nd quarter. Quantamental Technologies LLC now owns 29,052 shares of the company’s stock valued at $245,000 after buying an additional 9,546 shares during the last quarter. Institutional investors and hedge funds own 48.48% of the company’s stock.

A number of equities analysts recently commented on TV shares. Barclays restated a “hold” rating and issued a $11.00 price objective on shares of Grupo Televisa SAB in a report on Monday, June 24th. Raymond James reiterated an “average” rating on shares of Grupo Televisa SAB in a report on Friday, August 2nd. ValuEngine raised shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Zacks Investment Research upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Saturday, July 13th. Finally, BMO Capital Markets reaffirmed an “average” rating on shares of Grupo Televisa SAB in a research report on Thursday, June 27th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $17.20.



TV stock traded up $0.07 during mid-day trading on Wednesday, reaching $9.42. 104,318 shares of the stock traded hands, compared to its average volume of 1,538,841. The firm has a market capitalization of $5.36 billion, a PE ratio of 17.43, a P/E/G ratio of 1.49 and a beta of 0.94. The business has a 50-day moving average of $8.68 and a two-hundred day moving average of $9.63. Grupo Televisa SAB has a 52 week low of $7.42 and a 52 week high of $19.07. The company has a quick ratio of 1.57, a current ratio of 1.59 and a debt-to-equity ratio of 1.38.

Grupo Televisa SAB (NYSE:TV) last posted its quarterly earnings data on Monday, July 8th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). Grupo Televisa SAB had a return on equity of 2.40% and a net margin of 2.54%. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.28 billion. On average, equities research analysts anticipate that Grupo Televisa SAB will post 0.36 EPS for the current fiscal year.

About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

Read More: Is the Dow Jones Industrial Average (DJIA) still relevant?

Institutional Ownership by Quarter for Grupo Televisa SAB (NYSE:TV)

Receive News & Ratings for Grupo Televisa SAB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Televisa SAB and related companies with MarketBeat.com's FREE daily email newsletter.