Sequoia Financial Advisors LLC Acquires 6,985 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Sequoia Financial Advisors LLC raised its position in Grupo Televisa, S.A.B. (NYSE:TVFree Report) by 47.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 21,600 shares of the company’s stock after buying an additional 6,985 shares during the period. Sequoia Financial Advisors LLC’s holdings in Grupo Televisa, S.A.B. were worth $66,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Northern Trust Corp boosted its position in Grupo Televisa, S.A.B. by 0.4% in the 1st quarter. Northern Trust Corp now owns 307,546 shares of the company’s stock valued at $3,599,000 after buying an additional 1,312 shares during the last quarter. Profund Advisors LLC boosted its position in Grupo Televisa, S.A.B. by 15.3% in the 2nd quarter. Profund Advisors LLC now owns 18,365 shares of the company’s stock valued at $94,000 after buying an additional 2,441 shares during the last quarter. Quantbot Technologies LP bought a new position in Grupo Televisa, S.A.B. in the 2nd quarter valued at $25,000. Mercer Global Advisors Inc. ADV boosted its position in Grupo Televisa, S.A.B. by 20.7% in the 1st quarter. Mercer Global Advisors Inc. ADV now owns 20,868 shares of the company’s stock valued at $110,000 after buying an additional 3,578 shares during the last quarter. Finally, Signaturefd LLC boosted its position in Grupo Televisa, S.A.B. by 20.7% in the 3rd quarter. Signaturefd LLC now owns 22,889 shares of the company’s stock valued at $70,000 after buying an additional 3,926 shares during the last quarter. 37.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TV has been the topic of a number of recent research reports. StockNews.com lowered Grupo Televisa, S.A.B. from a “hold” rating to a “sell” rating in a research report on Monday, November 13th. Morgan Stanley restated an “equal weight” rating and issued a $4.00 price target (down from $7.00) on shares of Grupo Televisa, S.A.B. in a research report on Friday, January 5th. Finally, The Goldman Sachs Group reduced their price target on Grupo Televisa, S.A.B. from $3.90 to $3.50 and set a “buy” rating on the stock in a research report on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $6.02.

Read Our Latest Stock Analysis on Grupo Televisa, S.A.B.

Grupo Televisa, S.A.B. Trading Down 0.7 %

Shares of Grupo Televisa, S.A.B. stock opened at $3.01 on Monday. Grupo Televisa, S.A.B. has a 12 month low of $2.10 and a 12 month high of $6.09. The company has a quick ratio of 1.65, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. The stock’s fifty day simple moving average is $3.12 and its 200 day simple moving average is $3.32.

Grupo Televisa, S.A.B. Profile

(Free Report)

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking Mexico and internationally. 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 services, as well as sales 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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Institutional Ownership by Quarter for Grupo Televisa, S.A.B. (NYSE:TV)

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