Shares of Grupo Televisa SAB (NYSE:TV) fell 5.2% during mid-day trading on Thursday . The stock traded as low as $18.58 and last traded at $18.60. 3,390,463 shares changed hands during trading, an increase of 25% from the average session volume of 2,707,380 shares. The stock had previously closed at $19.62.

Several research firms have issued reports on TV. UBS Group upgraded Grupo Televisa SAB from an “underperform” rating to a “market perform” rating in a report on Wednesday, November 15th. JPMorgan Chase & Co. upgraded Grupo Televisa SAB from a “neutral” rating to an “overweight” rating and set a $23.00 target price on the stock in a report on Friday, December 15th. ValuEngine downgraded Grupo Televisa SAB from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Zacks Investment Research downgraded Grupo Televisa SAB from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. Finally, Citigroup upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $26.00.

The company has a market capitalization of $11,452.99, a price-to-earnings ratio of 45.37, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.44 and a current ratio of 1.47.

Several hedge funds and other institutional investors have recently made changes to their positions in TV. Wells Fargo & Company MN grew its stake in shares of Grupo Televisa SAB by 11.1% in the 2nd quarter. Wells Fargo & Company MN now owns 76,632 shares of the company’s stock valued at $1,868,000 after buying an additional 7,669 shares in the last quarter. Northern Trust Corp grew its stake in shares of Grupo Televisa SAB by 5.6% in the 2nd quarter. Northern Trust Corp now owns 924,019 shares of the company’s stock valued at $22,518,000 after buying an additional 48,894 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Grupo Televisa SAB by 9.2% in the 2nd quarter. Vanguard Group Inc. now owns 123,011 shares of the company’s stock valued at $2,997,000 after buying an additional 10,365 shares in the last quarter. FMR LLC bought a new stake in shares of Grupo Televisa SAB in the 2nd quarter valued at approximately $21,427,000. Finally, Dimensional Fund Advisors LP grew its stake in shares of Grupo Televisa SAB by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,350,763 shares of the company’s stock valued at $57,289,000 after buying an additional 38,314 shares in the last quarter. 57.99% of the stock is owned by institutional investors and hedge funds.

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About Grupo Televisa SAB

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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