Grupo Televisa SAB (NYSE:TV) gapped up prior to trading on Monday . The stock had previously closed at $27.18, but opened at $27.30. Grupo Televisa SAB shares last traded at $27.85, with a volume of 482,530 shares trading hands.

Several equities research analysts recently commented on TV shares. Zacks Investment Research cut shares of Grupo Televisa SAB from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th. Citigroup Inc. cut shares of Grupo Televisa SAB from a “buy” rating to a “sell” rating in a research report on Monday, May 9th. Evercore ISI started coverage on shares of Grupo Televisa SAB in a research report on Tuesday, April 19th. They issued a “hold” rating and a $28.00 price objective on the stock. HSBC cut shares of Grupo Televisa SAB from a “hold” rating to a “reduce” rating and boosted their price objective for the company from $24.00 to $25.00 in a research report on Thursday, May 12th. Finally, Credit Suisse Group AG reaffirmed a “hold” rating on shares of Grupo Televisa SAB in a research report on Saturday, April 30th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $28.67.

The company has a 50 day moving average of $26.30 and a 200 day moving average of $26.36. The firm has a market cap of $68.06 billion and a PE ratio of 159.43.

An institutional investor recently raised its position in Grupo Televisa SAB stock. Dimensional Fund Advisors LP increased its position in Grupo Televisa SAB (NYSE:TV) by 0.8% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,385,053 shares of the company’s stock after buying an additional 19,971 shares during the period. Dimensional Fund Advisors LP owned 0.08% of Grupo Televisa SAB worth $64,939,000 at the end of the most recent reporting period.

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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