Grupo Televisa SAB Target of Unusually Large Options Trading (NYSE:TV)

Grupo Televisa SAB (NYSE:TV) saw unusually large options trading on Tuesday. Stock traders acquired 1,720 put options on the stock. This represents an increase of 955% compared to the average volume of 163 put options.

Shares of TV stock opened at $10.61 on Wednesday. The business’s 50 day simple moving average is $11.20 and its 200 day simple moving average is $9.67. Grupo Televisa SAB has a one year low of $7.42 and a one year high of $13.87. The stock has a market capitalization of $6.08 billion, a PE ratio of 19.65, a PEG ratio of 2.05 and a beta of 0.94. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.42 and a quick ratio of 1.40.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TV. Signaturefd LLC grew its holdings in 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 during the period. Tower Research Capital LLC TRC grew its position in Grupo Televisa SAB by 2,996.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,193 shares of the company’s stock worth $52,000 after purchasing an additional 5,993 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of Grupo Televisa SAB in the 2nd quarter worth approximately $85,000. Atlas Capital Advisors LLC bought a new position in shares of Grupo Televisa SAB in the second quarter valued at approximately $89,000. Finally, Eqis Capital Management Inc. purchased a new position in Grupo Televisa SAB in the third quarter valued at approximately $119,000. 48.02% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on the company. Zacks Investment Research raised Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Barclays lowered shares of Grupo Televisa SAB from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $11.00 to $9.00 in a report on Monday, November 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. Grupo Televisa SAB currently has an average rating of “Hold” and an average price target of $16.00.

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.

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