Panagora Asset Management Inc. increased its position in shares of Grupo Televisa SAB (NYSE:TV) by 21.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,239 shares of the company’s stock after acquiring an additional 15,467 shares during the period. Panagora Asset Management Inc.’s holdings in Grupo Televisa SAB were worth $1,565,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in Grupo Televisa SAB during the 3rd quarter worth about $175,000. Moody National Bank Trust Division acquired a new stake in Grupo Televisa SAB in the 3rd quarter valued at about $177,000. Seven Eight Capital LP acquired a new stake in Grupo Televisa SAB in the 3rd quarter valued at about $307,000. Fox Run Management L.L.C. acquired a new stake in Grupo Televisa SAB in the 3rd quarter valued at about $457,000. Finally, Commonwealth Bank of Australia raised its position in Grupo Televisa SAB by 18.9% in the 3rd quarter. Commonwealth Bank of Australia now owns 55,972 shares of the company’s stock valued at $989,000 after purchasing an additional 8,900 shares in the last quarter. 50.47% of the stock is currently owned by hedge funds and other institutional investors.

TV has been the topic of a number of analyst reports. UBS Group lowered Grupo Televisa SAB from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 28th. ValuEngine raised Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Zacks Investment Research lowered Grupo Televisa SAB from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 6th. Finally, Scotiabank reaffirmed a “buy” rating on shares of Grupo Televisa SAB in a research report on Friday, November 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $20.00.

TV stock opened at $13.42 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.74 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 32.73, a P/E/G ratio of 0.74 and a beta of 1.32. Grupo Televisa SAB has a 1 year low of $12.81 and a 1 year high of $21.41.

Grupo Televisa SAB (NYSE:TV) last posted its quarterly earnings results on Thursday, November 1st. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.09). The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.35 billion. Grupo Televisa SAB had a net margin of 6.41% and a return on equity of 6.29%. Equities analysts forecast that Grupo Televisa SAB will post 0.56 EPS for the current fiscal year.

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About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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

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