Investors sold shares of Grupo Televisa SAB (NYSE:TV) on strength during trading on Friday. $13.93 million flowed into the stock on the tick-up and $62.95 million flowed out of the stock on the tick-down, for a money net flow of $49.02 million out of the stock. Of all companies tracked, Grupo Televisa SAB had the 0th highest net out-flow for the day. Grupo Televisa SAB traded up $1.02 for the day and closed at $25.72

TV has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut shares of Grupo Televisa SAB from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $31.00 to $30.00 in a report on Wednesday, March 30th. Evercore ISI began coverage on shares of Grupo Televisa SAB in a report on Tuesday, April 19th. They issued a “hold” rating and a $28.00 price target on the stock. Credit Suisse Group AG reiterated a “hold” rating on shares of Grupo Televisa SAB in a report on Saturday, April 30th. Citigroup Inc. cut shares of Grupo Televisa SAB from a “buy” rating to a “sell” rating in a report on Monday, May 9th. Finally, HSBC cut shares of Grupo Televisa SAB from a “hold” rating to a “reduce” rating and lifted their price target for the company from $24.00 to $25.00 in a report on Thursday, May 12th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. Grupo Televisa SAB presently has an average rating of “Hold” and an average target price of $28.67.

The stock has a market capitalization of $74.32 billion and a price-to-earnings ratio of 143.69. The company’s 50-day moving average is $25.84 and its 200 day moving average is $26.36.

Several hedge funds and institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of 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 valued at $64,939,000 after buying an additional 19,971 shares during the last quarter. WCM Investment Management CA boosted its position in shares of Grupo Televisa SAB by 12.0% in the fourth quarter. WCM Investment Management CA now owns 239,841 shares of the company’s stock valued at $6,526,000 after buying an additional 25,641 shares during the last quarter. Nationwide Fund Advisors boosted its position in shares of Grupo Televisa SAB by 24.1% in the fourth quarter. Nationwide Fund Advisors now owns 446,863 shares of the company’s stock valued at $12,159,000 after buying an additional 86,785 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Grupo Televisa SAB by 31.6% in the fourth quarter. Bank of Montreal Can now owns 739,837 shares of the company’s stock valued at $20,130,000 after buying an additional 177,772 shares during the last quarter. Finally, Baillie Gifford & Co. boosted its position in shares of Grupo Televisa SAB by 9.4% in the fourth quarter. Baillie Gifford & Co. now owns 2,235,271 shares of the company’s stock valued at $60,822,000 after buying an additional 191,171 shares during the last quarter.

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.

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