Macquarie Group Ltd. Has $107.11 Million Position in Grupo Televisa SAB (TV)

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Macquarie Group Ltd. increased its position in Grupo Televisa SAB (NYSE:TV) by 12.7% during the third quarter, HoldingsChannel reports. The firm owned 6,037,549 shares of the company’s stock after acquiring an additional 682,500 shares during the quarter. Macquarie Group Ltd.’s holdings in Grupo Televisa SAB were worth $107,106,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TV. Marathon Asset Management LLP lifted its stake in Grupo Televisa SAB by 246.7% during the 3rd quarter. Marathon Asset Management LLP now owns 5,338,343 shares of the company’s stock valued at $94,702,000 after acquiring an additional 3,798,764 shares during the period. JPMorgan Chase & Co. lifted its stake in Grupo Televisa SAB by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,010,593 shares of the company’s stock valued at $88,888,000 after acquiring an additional 1,941,037 shares during the period. Dorsal Capital Management LLC lifted its stake in Grupo Televisa SAB by 50.0% during the 2nd quarter. Dorsal Capital Management LLC now owns 3,750,000 shares of the company’s stock valued at $71,063,000 after acquiring an additional 1,250,000 shares during the period. Renaissance Technologies LLC lifted its stake in Grupo Televisa SAB by 119.9% during the 3rd quarter. Renaissance Technologies LLC now owns 1,651,125 shares of the company’s stock valued at $29,291,000 after acquiring an additional 900,425 shares during the period. Finally, BlackRock Inc. lifted its stake in Grupo Televisa SAB by 214.7% during the 3rd quarter. BlackRock Inc. now owns 1,175,586 shares of the company’s stock valued at $20,856,000 after acquiring an additional 801,978 shares during the period. Institutional investors own 50.46% of the company’s stock.

TV opened at $12.99 on Wednesday. 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 cap of $7.42 billion, a price-to-earnings ratio of 22.68, a P/E/G ratio of 0.72 and a beta of 1.32. Grupo Televisa SAB has a 52-week low of $12.81 and a 52-week high of $21.41.

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

Several research firms have issued reports on TV. Zacks Investment Research cut shares of Grupo Televisa SAB from a “hold” rating to a “strong sell” rating in a research note on Friday, December 14th. UBS Group cut shares of Grupo Televisa SAB from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 28th. Scotiabank restated a “buy” rating on shares of Grupo Televisa SAB in a research note on Friday, November 9th. Finally, ValuEngine upgraded shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $20.00.

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

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