Grupo Televisa SAB (NYSE:TV) Receives “Average” Rating from Raymond James

Grupo Televisa SAB (NYSE:TV)‘s stock had its “average” rating restated by research analysts at Raymond James in a research report issued to clients and investors on Friday, AnalystRatings.com reports.

Other analysts have also issued reports about the company. Zacks Investment Research upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Saturday, July 13th. Barclays reiterated a “hold” rating and set a $11.00 price objective on shares of Grupo Televisa SAB in a research note on Monday, June 24th. BMO Capital Markets reiterated an “average” rating on shares of Grupo Televisa SAB in a research note on Thursday, June 27th. Finally, ValuEngine upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Thursday. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $17.20.

NYSE:TV opened at $9.56 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.57 and a current ratio of 1.59. Grupo Televisa SAB has a 52-week low of $8.23 and a 52-week high of $21.21. The company has a market cap of $5.51 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 1.41 and a beta of 0.94. The company’s fifty day moving average is $9.00.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC increased its stake in Grupo Televisa SAB by 74.9% in the 2nd quarter. Signaturefd LLC now owns 2,933 shares of the company’s stock worth $25,000 after acquiring an additional 1,256 shares during the last quarter. APG Asset Management N.V. increased its stake in Grupo Televisa SAB by 1.9% in the 4th quarter. APG Asset Management N.V. now owns 190,300 shares of the company’s stock worth $2,094,000 after acquiring an additional 3,600 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Grupo Televisa SAB by 85.8% in the 1st quarter. Quadrant Capital Group LLC now owns 8,188 shares of the company’s stock worth $86,000 after acquiring an additional 3,781 shares during the last quarter. North Star Investment Management Corp. increased its stake in Grupo Televisa SAB by 5.8% in the 2nd quarter. North Star Investment Management Corp. now owns 110,000 shares of the company’s stock worth $928,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in Grupo Televisa SAB by 22.7% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 35,623 shares of the company’s stock worth $394,000 after acquiring an additional 6,600 shares during the last quarter. Institutional investors and hedge funds own 52.81% of the company’s stock.

Grupo Televisa SAB Company Profile

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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Analyst Recommendations for Grupo Televisa SAB (NYSE:TV)

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