ValuEngine upgraded shares of Grupo Televisa SAB (NYSE:TV) from a sell rating to a hold rating in a report released on Thursday morning, ValuEngine reports.
TV has been the subject of several other reports. BMO Capital Markets reaffirmed an average rating on shares of Grupo Televisa SAB in a report on Thursday, June 27th. Barclays reaffirmed a hold rating and set a $11.00 target price on shares of Grupo Televisa SAB in a report on Monday, June 24th. Finally, Zacks Investment Research raised shares of Grupo Televisa SAB from a sell rating to a hold rating in a report on Saturday, July 13th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $17.20.
Shares of NYSE:TV traded up $0.03 during trading on Thursday, hitting $9.56. 1,639,740 shares of the stock traded hands, compared to its average volume of 2,513,800. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.57 and a current ratio of 1.59. The stock has a market capitalization of $5.50 billion, a P/E ratio of 17.70, a price-to-earnings-growth ratio of 1.40 and a beta of 0.94. The business’s fifty day simple moving average is $9.00. Grupo Televisa SAB has a 52-week low of $8.23 and a 52-week high of $21.21.
Several large investors have recently bought and sold shares of the company. Signaturefd LLC increased its holdings 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 in the last quarter. First Trust Advisors LP purchased a new stake in Grupo Televisa SAB in the 2nd quarter worth $85,000. Quadrant Capital Group LLC increased its holdings 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 in the last quarter. Atlas Capital Advisors LLC purchased a new stake in Grupo Televisa SAB in the 2nd quarter worth $89,000. Finally, Fox Run Management L.L.C. purchased a new stake in Grupo Televisa SAB in the 2nd quarter worth $114,000. 52.81% of the stock is owned by hedge funds and other institutional investors.
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.
See Also: Understanding Specialty Certificates of Deposit
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Grupo Televisa SAB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Televisa SAB and related companies with MarketBeat.com's FREE daily email newsletter.