JPMorgan Chase & Co. raised its stake in shares of Grupo Televisa SAB (NYSE:TV) by 10.6% during the third quarter, Holdings Channel reports. The fund owned 8,034,863 shares of the company’s stock after buying an additional 771,725 shares during the period. JPMorgan Chase & Co.’s holdings in Grupo Televisa SAB were worth $206,417,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TV. US Bancorp DE raised its position in shares of Grupo Televisa SAB by 12.8% in the third quarter. US Bancorp DE now owns 84,821 shares of the company’s stock worth $2,179,000 after buying an additional 9,652 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Grupo Televisa SAB by 3.3% in the third quarter. Daiwa Securities Group Inc. now owns 99,000 shares of the company’s stock worth $2,543,000 after buying an additional 3,200 shares during the period. PNC Financial Services Group Inc. increased its stake in Grupo Televisa SAB by 145.4% in the third quarter. PNC Financial Services Group Inc. now owns 15,301 shares of the company’s stock worth $393,000 after buying an additional 9,065 shares during the period. TD Asset Management Inc. increased its stake in Grupo Televisa SAB by 15.6% in the third quarter. TD Asset Management Inc. now owns 22,707 shares of the company’s stock worth $593,000 after buying an additional 3,072 shares during the period. Finally, Neuberger Berman Group LLC increased its stake in Grupo Televisa SAB by 2.1% in the third quarter. Neuberger Berman Group LLC now owns 34,444 shares of the company’s stock worth $885,000 after buying an additional 722 shares during the period. Hedge funds and other institutional investors own 54.80% of the company’s stock.

Institutional Ownership by Quarter for Grupo Televisa SAB (NYSE:TV)

Grupo Televisa SAB (NYSE:TV) opened at 20.77 on Thursday. The company has a 50-day moving average of $24.04 and a 200 day moving average of $25.67. The company has a market cap of $60.62 billion, a P/E ratio of 284.52 and a beta of 1.37. Grupo Televisa SAB has a one year low of $19.98 and a one year high of $29.57.

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A number of equities research analysts have commented on TV shares. New Street Research raised shares of Grupo Televisa SAB to a “buy” rating in a research report on Wednesday, September 7th. Credit Suisse Group AG raised shares of Grupo Televisa SAB from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $29.00 to $30.00 in a research report on Tuesday, September 27th. Finally, HSBC raised shares of Grupo Televisa SAB from a “reduce” rating to a “hold” rating and boosted their price objective for the company from $24.77 to $25.00 in a research report on Thursday, September 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Grupo Televisa SAB presently has a consensus rating of “Hold” and a consensus target price of $28.60.

Grupo Televisa SAB Company Profile

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.

5 Day Chart for NYSE:TV

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