BidaskClub cut shares of Grupo Televisa S.A. (NYSE:TV) from a buy rating to a hold rating in a report issued on Saturday.

TV has been the topic of several other research reports. HSBC Holdings plc raised Grupo Televisa from a reduce rating to a hold rating in a research note on Wednesday, May 24th. ValuEngine upgraded Grupo Televisa from a sell rating to a hold rating in a research report on Wednesday, May 17th. Zacks Investment Research upgraded Grupo Televisa from a strong sell rating to a hold rating in a research report on Saturday, April 29th. Credit Suisse Group set a $27.00 target price on Grupo Televisa and gave the stock a hold rating in a research report on Saturday, July 1st. Finally, J P Morgan Chase & Co reiterated a neutral rating and set a $26.00 target price (up previously from $23.00) on shares of Grupo Televisa in a research report on Monday, June 5th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $26.00.

Grupo Televisa (NYSE TV) opened at 26.30 on Friday. The firm has a market cap of $65.19 billion, a price-to-earnings ratio of 316.87 and a beta of 1.31. Grupo Televisa has a 52 week low of $19.69 and a 52 week high of $27.89. The stock’s 50 day moving average is $25.42 and its 200 day moving average is $24.78.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings data on Monday, July 10th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. Grupo Televisa had a return on equity of 4.62% and a net margin of 4.69%. The firm had revenue of $1.25 billion for the quarter. Equities research analysts expect that Grupo Televisa will post $0.70 EPS for the current year.

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Hedge funds have recently added to or reduced their stakes in the company. First Eagle Investment Management LLC boosted its stake in Grupo Televisa by 3.2% in the second quarter. First Eagle Investment Management LLC now owns 38,547,427 shares of the company’s stock valued at $939,401,000 after buying an additional 1,195,820 shares in the last quarter. British Airways Pensions Investment Management Ltd boosted its stake in Grupo Televisa by 3.8% in the second quarter. British Airways Pensions Investment Management Ltd now owns 81,443 shares of the company’s stock valued at $1,984,000 after buying an additional 3,013 shares in the last quarter. APG Asset Management N.V. boosted its stake in Grupo Televisa by 12.4% in the second quarter. APG Asset Management N.V. now owns 296,900 shares of the company’s stock valued at $7,235,000 after buying an additional 32,700 shares in the last quarter. BB&T Corp boosted its stake in Grupo Televisa by 24.5% in the second quarter. BB&T Corp now owns 23,310 shares of the company’s stock valued at $568,000 after buying an additional 4,585 shares in the last quarter. Finally, US Bancorp DE boosted its stake in Grupo Televisa by 3.7% in the second quarter. US Bancorp DE now owns 121,379 shares of the company’s stock valued at $2,959,000 after buying an additional 4,286 shares in the last quarter. Hedge funds and other institutional investors own 60.97% of the company’s stock.

Grupo Televisa 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.

Analyst Recommendations for Grupo Televisa (NYSE:TV)

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