Banco Santander S.A. Grows Stock Holdings in Grupo Televisa, S.A.B. (NYSE:TV)

Banco Santander S.A. grew its holdings in Grupo Televisa, S.A.B. (NYSE:TV) by 73.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 317,620 shares of the company’s stock after acquiring an additional 134,621 shares during the period. Banco Santander S.A. owned about 0.06% of Grupo Televisa, S.A.B. worth $534,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TV. Central Pacific Bank Trust Division raised its stake in shares of Grupo Televisa, S.A.B. by 66.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company’s stock valued at $42,000 after purchasing an additional 10,000 shares during the period. Oppenheimer & Co. Inc. purchased a new stake in Grupo Televisa, S.A.B. during the 3rd quarter worth $90,000. PEAK6 Investments LLC acquired a new position in Grupo Televisa, S.A.B. in the 3rd quarter worth $119,000. Centiva Capital LP boosted its position in Grupo Televisa, S.A.B. by 86.3% in the 3rd quarter. Centiva Capital LP now owns 101,499 shares of the company’s stock valued at $260,000 after buying an additional 47,014 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Grupo Televisa, S.A.B. during the third quarter valued at about $123,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE TV opened at $2.02 on Tuesday. The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of -2.76 and a beta of 1.84. Grupo Televisa, S.A.B. has a twelve month low of $1.66 and a twelve month high of $3.47. The business has a 50 day simple moving average of $1.90 and a 200-day simple moving average of $2.05.

Grupo Televisa, S.A.B. (NYSE:TV) last released its earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.91). Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. The business had revenue of $758.58 million for the quarter, compared to the consensus estimate of $15.49 billion. As a group, equities research analysts expect that Grupo Televisa, S.A.B. will post -0.07 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on TV. The Goldman Sachs Group cut their price target on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating on the stock in a research note on Tuesday, January 28th. StockNews.com cut Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research note on Thursday, November 14th. Finally, Benchmark reiterated a “buy” rating and set a $7.00 price objective (down from $8.00) on shares of Grupo Televisa, S.A.B. in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $4.23.

Grupo Televisa, S.A.B. 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.