Analysts at Goldman Sachs assumed coverage on shares of Televisa (NYSE:TV) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The brokerage set a “neutral” rating on the stock.
A number of other research analysts also recently weighed in on the company. HSBC upgraded Televisa from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. ValuEngine cut Televisa from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Scotiabank raised Televisa from an “underperform” rating to a “hold” rating in a research report on Thursday, March 22nd. Citigroup raised Televisa from a “sell” rating to a “hold” rating in a research report on Monday, December 4th. Finally, JPMorgan Chase raised Televisa from a “neutral” rating to an “overweight” rating and set a $23.00 price objective for the company in a research report on Friday, December 15th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. Televisa has an average rating of “Hold” and an average target price of $26.00.
TV stock opened at $18.16 on Tuesday. The company has a quick ratio of 1.69, a current ratio of 1.71 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $10,414.94, a price-to-earnings ratio of 44.29, a P/E/G ratio of 1.74 and a beta of 1.41. Televisa has a twelve month low of $14.20 and a twelve month high of $27.37.
Televisa (NYSE:TV) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.08). The company had revenue of $1.38 billion during the quarter. Televisa had a net margin of 4.79% and a return on equity of 4.54%. research analysts predict that Televisa will post 0.44 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Macquarie Group Ltd. lifted its holdings in Televisa by 80.3% during the 4th quarter. Macquarie Group Ltd. now owns 5,411,377 shares of the company’s stock worth $101,028,000 after purchasing an additional 2,409,863 shares during the last quarter. Altrinsic Global Advisors LLC lifted its holdings in Televisa by 125.8% during the 4th quarter. Altrinsic Global Advisors LLC now owns 3,991,395 shares of the company’s stock worth $74,519,000 after purchasing an additional 2,223,566 shares during the last quarter. Zimmer Partners LP lifted its holdings in Televisa by 53.0% during the 4th quarter. Zimmer Partners LP now owns 5,698,563 shares of the company’s stock worth $106,392,000 after purchasing an additional 1,973,563 shares during the last quarter. Millennium Management LLC lifted its holdings in Televisa by 3,344.7% during the 4th quarter. Millennium Management LLC now owns 1,694,261 shares of the company’s stock worth $31,632,000 after purchasing an additional 1,645,076 shares during the last quarter. Finally, Oaktree Capital Management LP acquired a new stake in Televisa during the 4th quarter worth approximately $28,555,000. 55.76% of the stock is owned by institutional investors.
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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 is involved in the production of television programming and broadcasting of Channels 2, 4, 5, and 9; the sale of advertising time on programs; and the production of television programming and broadcasting for local television stations in Mexico and the United States, as well as Internet business.
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