Grupo Televisa, S.A.B. (NYSE:TV) Receives “Buy” Rating from Benchmark

Grupo Televisa, S.A.B. (NYSE:TV)‘s stock had its “buy” rating reiterated by stock analysts at Benchmark in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $8.00 price target on the stock. Benchmark’s target price indicates a potential upside of 305.06% from the stock’s current price.

TV has been the topic of a number of other reports. JPMorgan Chase & Co. downgraded Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research note on Thursday, November 14th. The Goldman Sachs Group lowered their target price on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. Finally, StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $4.57.

Grupo Televisa, S.A.B. Stock Down 0.3 %

NYSE TV traded down $0.01 on Tuesday, hitting $1.98. 400,498 shares of the company were exchanged, compared to its average volume of 2,290,571. Grupo Televisa, S.A.B. has a 12 month low of $1.66 and a 12 month high of $3.65. 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 has a market cap of $1.09 billion, a PE ratio of -2.78 and a beta of 1.83. The stock has a fifty day moving average of $1.85 and a 200-day moving average of $2.06.

Institutional Trading of Grupo Televisa, S.A.B.

Hedge funds and other institutional investors have recently bought and sold shares of the company. GFS Advisors LLC purchased a new position in shares of Grupo Televisa, S.A.B. during the fourth quarter worth about $3,600,000. Robeco Institutional Asset Management B.V. grew its stake in Grupo Televisa, S.A.B. by 245.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company’s stock worth $3,320,000 after buying an additional 1,404,933 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Grupo Televisa, S.A.B. by 1,005,403.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock worth $695,000 after buying an additional 271,459 shares during the last quarter. Banco Santander S.A. raised its position in shares of Grupo Televisa, S.A.B. by 73.6% during the 4th quarter. Banco Santander S.A. now owns 317,620 shares of the company’s stock valued at $534,000 after buying an additional 134,621 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new stake in shares of Grupo Televisa, S.A.B. during the 3rd quarter worth $284,000. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Company 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.