Eqis Capital Management Inc. Makes New Investment in Grupo Televisa SAB (NYSE:TV)

Eqis Capital Management Inc. bought a new position in shares of Grupo Televisa SAB (NYSE:TV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,147 shares of the company’s stock, valued at approximately $119,000.

A number of other institutional investors also recently bought and sold shares of TV. Signaturefd LLC lifted its holdings in Grupo Televisa SAB by 74.9% during the second quarter. Signaturefd LLC now owns 2,933 shares of the company’s stock worth $25,000 after buying an additional 1,256 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Grupo Televisa SAB by 2,996.5% during the second quarter. Tower Research Capital LLC TRC now owns 6,193 shares of the company’s stock worth $52,000 after purchasing an additional 5,993 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of Grupo Televisa SAB during the second quarter worth $85,000. Atlas Capital Advisors LLC acquired a new position in shares of Grupo Televisa SAB during the second quarter worth $89,000. Finally, Fox Run Management L.L.C. acquired a new position in shares of Grupo Televisa SAB during the second quarter worth $114,000. Institutional investors own 47.36% of the company’s stock.

A number of equities analysts have recently issued reports on the company. Raymond James reaffirmed an “average” rating on shares of Grupo Televisa SAB in a research report on Friday, August 2nd. Zacks Investment Research raised Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Friday. Barclays downgraded Grupo Televisa SAB from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $11.00 to $9.00 in a research report on Monday, November 11th. ValuEngine raised Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, JPMorgan Chase & Co. upped their price target on Grupo Televisa SAB from $14.00 to $14.50 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $15.88.

Shares of TV stock opened at $11.25 on Tuesday. The business’s fifty day simple moving average is $10.90 and its 200-day simple moving average is $9.56. The company has a market cap of $6.52 billion, a PE ratio of 20.83, a PEG ratio of 2.05 and a beta of 0.95. The company has a current ratio of 1.42, a quick ratio of 1.40 and a debt-to-equity ratio of 0.08. Grupo Televisa SAB has a 12-month low of $7.42 and a 12-month high of $15.09.

About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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Institutional Ownership by Quarter for Grupo Televisa SAB (NYSE:TV)

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