Grupo Televisa, S.A.B. (NYSE:TV) Hits New 1-Year Low at $4.47

Posted by Defense World Staff on Mar 19th, 2023

Grupo Televisa, S.A.B. (NYSE:TV – Get Rating)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $4.47 and last traded at $4.51, with a volume of 172657 shares trading hands. The stock had previously closed at $4.60.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TV. Citigroup began coverage on Grupo Televisa, S.A.B. in a research note on Tuesday, February 14th. They set a “buy” rating and a $8.50 price target on the stock. TheStreet lowered Grupo Televisa, S.A.B. from a “c-” rating to a “d+” rating in a research note on Friday, February 24th. Credit Suisse Group raised Grupo Televisa, S.A.B. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 30th. StockNews.com raised Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research note on Tuesday, March 14th. Finally, Bank of America lowered Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $6.50 price target on the stock. in a research note on Tuesday, November 29th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $10.38.

Grupo Televisa, S.A.B. Stock Down 1.3 %

The firm has a 50 day moving average price of $5.53 and a two-hundred day moving average price of $5.43. The company has a quick ratio of 2.31, a current ratio of 2.35 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 1.23, a P/E/G ratio of 9.44 and a beta of 1.41.

Hedge Funds Weigh In On Grupo Televisa, S.A.B.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP bought a new stake in shares of Grupo Televisa, S.A.B. during the second quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of Grupo Televisa, S.A.B. by 5,105.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 10,827 shares of the company’s stock valued at $49,000 after buying an additional 10,619 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Grupo Televisa, S.A.B. by 771.6% during the third quarter. Quadrant Capital Group LLC now owns 9,779 shares of the company’s stock valued at $53,000 after buying an additional 8,657 shares during the last quarter. Ethic Inc. bought a new stake in shares of Grupo Televisa, S.A.B. during the third quarter valued at approximately $54,000. Finally, Signaturefd LLC raised its holdings in shares of Grupo Televisa, S.A.B. by 689.5% during the third quarter. Signaturefd LLC now owns 10,784 shares of the company’s stock valued at $58,000 after buying an additional 9,418 shares during the last quarter. 56.61% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa, S.A.B. Company Profile

(Get Rating)

Grupo Televisa SAB engages in the provision of media products and services. It operates through the following segments: Content, Sky, Cable, and Other Businesses. The Content segment includes advertising, network subscription revenue and licensing and syndication. The Sky segment includes direct-to-home satellite television system.