Grupo Televisa SAB (NYSE:TV) fell 3.1% during mid-day trading on Wednesday . The stock traded as low as $25.06 and last traded at $25.11, with a volume of 2,778,006 shares traded. The stock had previously closed at $25.92.

A number of research firms recently weighed in on TV. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Grupo Televisa SAB in a report on Saturday, April 30th. Evercore ISI upgraded shares of Grupo Televisa SAB from a “hold” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research upgraded shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Monday, June 20th. HSBC downgraded shares of Grupo Televisa SAB from a “hold” rating to a “reduce” rating and increased their price objective for the company from $24.00 to $25.00 in a research note on Thursday, May 12th. Finally, JPMorgan Chase & Co. downgraded shares of Grupo Televisa SAB from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $31.00 to $30.00 in a research note on Wednesday, March 30th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $30.57.

The stock has a 50-day moving average price of $25.84 and a 200-day moving average price of $26.37. The firm has a market cap of $72.53 billion and a P/E ratio of 140.22.

A number of hedge funds have bought and sold shares of the stock. Harris Associates L P acquired a new stake in Grupo Televisa SAB during the fourth quarter worth about $409,829,000. Morgan Stanley raised its position in Grupo Televisa SAB by 13.4% in the fourth quarter. Morgan Stanley now owns 11,832,180 shares of the company’s stock worth $321,953,000 after buying an additional 1,397,580 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Grupo Televisa SAB by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,385,053 shares of the company’s stock worth $64,939,000 after buying an additional 19,971 shares in the last quarter. Baillie Gifford & Co. raised its position in Grupo Televisa SAB by 9.4% in the fourth quarter. Baillie Gifford & Co. now owns 2,235,271 shares of the company’s stock worth $60,822,000 after buying an additional 191,171 shares in the last quarter. Finally, Asturias Capital LLC purchased a new position in Grupo Televisa SAB during the fourth quarter worth approximately $50,081,000.

Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.