Grupo Televisa, S.A.B. (NYSE:TV) Holdings Lowered by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its holdings in Grupo Televisa, S.A.B. (NYSE:TV) by 85.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,115 shares of the company’s stock after selling 255,674 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Grupo Televisa, S.A.B. were worth $141,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Moors & Cabot Inc. acquired a new stake in shares of Grupo Televisa, S.A.B. in the third quarter worth $31,000. Ieq Capital LLC bought a new position in shares of Grupo Televisa, S.A.B. in the fourth quarter worth about $37,000. Ballentine Partners LLC acquired a new position in shares of Grupo Televisa, S.A.B. during the 4th quarter worth about $49,000. QRG Capital Management Inc. bought a new stake in Grupo Televisa, S.A.B. during the 3rd quarter valued at approximately $53,000. Finally, Sequoia Financial Advisors LLC increased its position in Grupo Televisa, S.A.B. by 47.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 21,600 shares of the company’s stock worth $66,000 after buying an additional 6,985 shares during the period. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Price Performance

TV opened at $3.14 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.57. The company’s 50 day simple moving average is $3.14 and its 200-day simple moving average is $3.06. Grupo Televisa, S.A.B. has a one year low of $2.10 and a one year high of $5.41.

Grupo Televisa, S.A.B. (NYSE:TV) last released its earnings results on Thursday, April 25th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.14. The company had revenue of $939.92 million during the quarter, compared to analysts’ expectations of $1.02 billion. Grupo Televisa, S.A.B. had a negative return on equity of 6.18% and a negative net margin of 11.78%. Sell-side analysts anticipate that Grupo Televisa, S.A.B. will post 0.01 EPS for the current fiscal year.

Grupo Televisa, S.A.B. Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Monday, June 10th. Investors of record on Thursday, May 30th will be paid a dividend of $0.1056 per share. This represents a dividend yield of 2.4%. This is an increase from Grupo Televisa, S.A.B.’s previous annual dividend of $0.10. The ex-dividend date is Thursday, May 30th. Grupo Televisa, S.A.B.’s payout ratio is -10.34%.

Analysts Set New Price Targets

TV has been the subject of a number of research reports. Bank of America downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 price target for the company. in a report on Monday, April 15th. Benchmark reaffirmed a “buy” rating and set a $12.00 price objective on shares of Grupo Televisa, S.A.B. in a report on Thursday, May 16th. Finally, StockNews.com raised shares of Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research report on Monday, February 26th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $5.28.

Grupo Televisa, S.A.B. Company 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.