Grupo Televisa SAB (NYSE:TV) saw an uptick in trading volume on Friday . 6,614,468 shares were traded during 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 brokerages have recently issued reports on TV. Zacks Investment Research lowered Grupo Televisa SAB from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th. Evercore ISI upgraded Grupo Televisa SAB from a “hold” rating to a “buy” rating in a research report on Thursday, July 7th. Citigroup Inc. lowered Grupo Televisa SAB from a “buy” rating to a “sell” rating in a research report on Monday, May 9th. HSBC lowered Grupo Televisa SAB from a “hold” rating to a “reduce” rating and increased their target price for the company from $24.00 to $25.00 in a research report on Thursday, May 12th. Finally, Credit Suisse Group AG reiterated a “hold” rating on shares of Grupo Televisa SAB in a research report on Saturday, April 30th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. Grupo Televisa SAB currently has a consensus rating of “Hold” and a consensus target price of $28.67.

The stock has a 50 day moving average price of $25.86 and a 200 day moving average price of $26.31. The company has a market capitalization of $66.51 billion and a price-to-earnings ratio of 152.30.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. 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 during 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 during the last quarter. Bank of Montreal Can raised its position 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 worth $20,130,000 after buying an additional 177,772 shares during the last quarter. Finally, WCM Investment Management CA raised its position in Grupo Televisa SAB by 12.0% in the fourth quarter. WCM Investment Management CA now owns 239,841 shares of the company’s stock worth $6,526,000 after buying an additional 25,641 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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