R Squared Ltd Grows Stock Holdings in Grupo Televisa S.A. $TV

R Squared Ltd lifted its stake in shares of Grupo Televisa S.A. (NYSE:TV) by 171.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,062 shares of the company’s stock after buying an additional 36,662 shares during the quarter. R Squared Ltd’s holdings in Grupo Televisa were worth $127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of TV. Signaturefd LLC boosted its stake in Grupo Televisa by 72.7% during the first quarter. Signaturefd LLC now owns 16,085 shares of the company’s stock worth $28,000 after acquiring an additional 6,770 shares in the last quarter. Vident Advisory LLC boosted its stake in Grupo Televisa by 114.8% during the first quarter. Vident Advisory LLC now owns 28,762 shares of the company’s stock worth $50,000 after acquiring an additional 15,374 shares in the last quarter. XTX Topco Ltd boosted its stake in Grupo Televisa by 264.9% during the first quarter. XTX Topco Ltd now owns 43,728 shares of the company’s stock worth $77,000 after acquiring an additional 31,746 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in Grupo Televisa by 100.0% during the first quarter. Atria Wealth Solutions Inc. now owns 49,000 shares of the company’s stock worth $86,000 after acquiring an additional 24,500 shares in the last quarter. Finally, Invesco Ltd. bought a new stake in Grupo Televisa during the first quarter worth about $96,000. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa Stock Down 0.6%

Shares of Grupo Televisa stock opened at $2.40 on Monday. The company has a market cap of $1.33 billion, a price-to-earnings ratio of -2.37, a price-to-earnings-growth ratio of 0.79 and a beta of 1.99. The company’s 50 day moving average is $2.62 and its 200 day moving average is $2.29. Grupo Televisa S.A. has a twelve month low of $1.55 and a twelve month high of $2.97. The company has a quick ratio of 2.33, a current ratio of 2.35 and a debt-to-equity ratio of 0.03.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Friday, October 24th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.22). The company had revenue of $792.87 million for the quarter, compared to the consensus estimate of $14.66 billion. Grupo Televisa had a negative net margin of 18.27% and a negative return on equity of 9.56%. Research analysts anticipate that Grupo Televisa S.A. will post -0.07 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on TV shares. Zacks Research lowered shares of Grupo Televisa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Friday. The Goldman Sachs Group downgraded shares of Grupo Televisa from a “buy” rating to a “neutral” rating and set a $2.60 target price on the stock. in a research note on Friday, August 8th. Benchmark upped their target price on shares of Grupo Televisa from $7.00 to $9.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. upgraded shares of Grupo Televisa from a “neutral” rating to an “overweight” rating in a research note on Wednesday, August 27th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.70.

Grupo Televisa 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.