Grupo Televisa, S.A.B. (NYSE:TV – Free Report) had its price objective reduced by Benchmark from $12.00 to $11.00 in a research report report published on Thursday morning, Benzinga reports. They currently have a buy rating on the stock.
Other research analysts also recently issued reports about the stock. StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a report on Monday, September 30th. The Goldman Sachs Group dropped their price objective on Grupo Televisa, S.A.B. from $3.30 to $2.90 and set a “buy” rating for the company in a research note on Monday, August 5th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $5.35.
Check Out Our Latest Research Report on Grupo Televisa, S.A.B.
Grupo Televisa, S.A.B. Trading Up 0.4 %
Institutional Trading of Grupo Televisa, S.A.B.
A number of hedge funds have recently made changes to their positions in TV. Ballentine Partners LLC increased its stake in Grupo Televisa, S.A.B. by 18.0% in the third 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 during the last quarter. Central Pacific Bank Trust Division boosted its holdings in shares of Grupo Televisa, S.A.B. by 50.0% in the 3rd quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company’s stock worth $38,000 after purchasing an additional 5,000 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Grupo Televisa, S.A.B. during the 2nd quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Grupo Televisa, S.A.B. by 22.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 98,282 shares of the company’s stock valued at $272,000 after buying an additional 17,864 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its position in Grupo Televisa, S.A.B. by 199.3% in the 2nd quarter. Squarepoint Ops LLC now owns 91,482 shares of the company’s stock worth $253,000 after buying an additional 60,918 shares during the last quarter. 55.77% of the stock is owned by institutional investors.
About Grupo Televisa, S.A.B.
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.
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