R Squared Ltd Buys 36,662 Shares of Grupo Televisa S.A. $TV

R Squared Ltd increased its stake in Grupo Televisa S.A. (NYSE:TV) by 171.3% during the second quarter, Holdings Channel.com reports. The firm owned 58,062 shares of the company’s stock after purchasing 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 SEC.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC raised its holdings in Grupo Televisa by 72.7% in the 1st quarter. Signaturefd LLC now owns 16,085 shares of the company’s stock worth $28,000 after purchasing an additional 6,770 shares during the period. Vident Advisory LLC increased its stake in shares of Grupo Televisa by 114.8% in the first quarter. Vident Advisory LLC now owns 28,762 shares of the company’s stock worth $50,000 after purchasing an additional 15,374 shares in the last quarter. XTX Topco Ltd increased its stake in shares of Grupo Televisa by 264.9% in the first quarter. XTX Topco Ltd now owns 43,728 shares of the company’s stock worth $77,000 after purchasing an additional 31,746 shares in the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of Grupo Televisa by 100.0% in the first quarter. Atria Wealth Solutions Inc. now owns 49,000 shares of the company’s stock worth $86,000 after purchasing an additional 24,500 shares in the last quarter. Finally, Invesco Ltd. purchased a new stake in shares of Grupo Televisa in the first quarter worth $96,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa Price Performance

TV stock opened at $2.40 on Monday. Grupo Televisa S.A. has a 52 week low of $1.55 and a 52 week 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. The company has a fifty day simple moving average of $2.62 and a two-hundred day simple moving average of $2.29. The firm has a market capitalization of $1.33 billion, a P/E ratio of -2.37, a price-to-earnings-growth ratio of 0.79 and a beta of 1.99.

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

Wall Street Analyst Weigh In

TV has been the subject of a number of analyst reports. Zacks Research cut shares of Grupo Televisa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Friday. Benchmark raised their target price on shares of Grupo Televisa from $7.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. The Goldman Sachs Group cut shares of Grupo Televisa from a “buy” rating to a “neutral” rating and set a $2.60 target price for the company. in a research note on Friday, August 8th. Finally, UBS Group raised their target price on shares of Grupo Televisa from $2.40 to $2.50 and gave the company a “neutral” rating in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $4.70.

About Grupo Televisa

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.