Grupo Televisa SAB (NYSE:TV) saw unusually-strong trading volume on Friday . Approximately 6,614,468 shares traded hands during mid-day trading, an increase of 122% from the previous session’s volume of 2,978,416 shares.The stock last traded at $27.16 and had previously closed at $26.69.

A number of equities research analysts recently commented on TV shares. Evercore ISI started coverage on Grupo Televisa SAB in a research report on Tuesday, April 19th. They issued a “hold” rating and a $28.00 price target for the company. JPMorgan Chase & Co. lowered Grupo Televisa SAB from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $31.00 to $30.00 in a research report on Wednesday, March 30th. Credit Suisse Group AG reissued a “hold” rating on shares of Grupo Televisa SAB in a research report on Saturday, April 30th. Zacks Investment Research raised Grupo Televisa SAB from a “sell” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Monday, May 23rd. Finally, HSBC lowered Grupo Televisa SAB from a “hold” rating to a “reduce” rating and raised their target price for the company from $24.00 to $25.00 in a research report on Thursday, May 12th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $28.67.

The firm has a 50-day moving average of $25.85 and a 200-day moving average of $26.31. The stock has a market capitalization of $66.51 billion and a P/E ratio of 152.30.

Other large investors have recently added to or reduced their stakes in the company. Harris Associates L P purchased a new stake in Grupo Televisa SAB during the fourth quarter valued at $409,829,000. Morgan Stanley raised its stake in Grupo Televisa SAB by 13.4% in the fourth quarter. Morgan Stanley now owns 11,832,180 shares of the company’s stock valued at $321,953,000 after buying an additional 1,397,580 shares in the last quarter. Dimensional Fund Advisors LP raised its stake 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 valued at $64,939,000 after buying an additional 19,971 shares in the last quarter. Baillie Gifford & Co. raised its stake 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 valued at $60,822,000 after buying an additional 191,171 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in 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 in 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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