Grupo Televisa, S.A.B. (NYSE:TV) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its stake in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 245.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,976,394 shares of the company’s stock after purchasing an additional 1,404,933 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Grupo Televisa, S.A.B. were worth $3,320,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new stake in Grupo Televisa, S.A.B. in the second quarter valued at $29,000. Central Pacific Bank Trust Division boosted its position in shares of Grupo Televisa, S.A.B. by 66.7% in the 4th quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company’s stock worth $42,000 after buying an additional 10,000 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Grupo Televisa, S.A.B. in the 3rd quarter valued at about $90,000. Ballentine Partners LLC increased its holdings in Grupo Televisa, S.A.B. by 18.0% during the 3rd quarter. Ballentine Partners LLC now owns 37,039 shares of the company’s stock valued at $95,000 after acquiring an additional 5,658 shares in the last quarter. Finally, PEAK6 Investments LLC purchased a new stake in shares of Grupo Televisa, S.A.B. in the third quarter valued at about $119,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Trading Up 0.3 %

Shares of Grupo Televisa, S.A.B. stock opened at $1.93 on Monday. The firm has a market cap of $1.07 billion, a PE ratio of -2.71 and a beta of 1.82. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Grupo Televisa, S.A.B. has a fifty-two week low of $1.66 and a fifty-two week high of $3.65. The business’s fifty day moving average is $1.85 and its two-hundred day moving average is $2.07.

Analyst Ratings Changes

A number of research analysts have recently weighed in on TV shares. The Goldman Sachs Group dropped their price objective on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating for the company in a research note on Tuesday, January 28th. Benchmark reduced their price objective on Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. JPMorgan Chase & Co. cut Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 14th. Finally, StockNews.com lowered shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Grupo Televisa, S.A.B. currently has an average rating of “Hold” and an average target price of $5.57.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.