American Century Companies Inc. Has $2.21 Million Position in Grupo Televisa, S.A.B. (NYSE:TV)

American Century Companies Inc. raised its holdings in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 11.8% in the 4th quarter, HoldingsChannel reports. The firm owned 1,312,209 shares of the company’s stock after buying an additional 138,303 shares during the period. American Century Companies Inc.’s holdings in Grupo Televisa, S.A.B. were worth $2,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division raised its position in shares of Grupo Televisa, S.A.B. by 66.7% in the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company’s stock valued at $42,000 after purchasing an additional 10,000 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in Grupo Televisa, S.A.B. in the 3rd quarter valued at about $123,000. Centiva Capital LP raised its holdings in Grupo Televisa, S.A.B. by 86.3% in the 3rd quarter. Centiva Capital LP now owns 101,499 shares of the company’s stock valued at $260,000 after acquiring an additional 47,014 shares during the period. Banco Santander S.A. lifted its position in Grupo Televisa, S.A.B. by 73.6% during the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company’s stock worth $534,000 after acquiring an additional 134,621 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Grupo Televisa, S.A.B. by 1,005,403.7% during the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock worth $695,000 after acquiring an additional 271,459 shares during the last quarter. 55.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. The Goldman Sachs Group reduced their price target on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating for the company in a research note on Tuesday, January 28th. Benchmark reissued a “buy” rating and set a $7.00 target price (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $4.23.

Grupo Televisa, S.A.B. Stock Performance

Shares of Grupo Televisa, S.A.B. stock opened at $1.60 on Wednesday. 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 $883.31 million, a PE ratio of -2.18 and a beta of 1.70. The company has a 50 day moving average of $1.89 and a 200-day moving average of $2.02. Grupo Televisa, S.A.B. has a 1-year low of $1.56 and a 1-year high of $3.47.

Grupo Televisa, S.A.B. (NYSE:TV) last released its earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.91). The business had revenue of $758.58 million for the quarter, compared to the consensus estimate of $15.49 billion. Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. As a group, equities research analysts forecast that Grupo Televisa, S.A.B. will post -0.07 earnings per share for the current fiscal year.

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.