Mitsubishi UFJ Trust & Banking Corp Boosts Holdings in Grupo Televisa S.A. $TV

Mitsubishi UFJ Trust & Banking Corp lifted its stake in Grupo Televisa S.A. (NYSE:TV) by 44.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 873,351 shares of the company’s stock after buying an additional 267,632 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Grupo Televisa were worth $2,349,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC raised its holdings in shares of Grupo Televisa by 68.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after acquiring an additional 4,355 shares in the last quarter. Byrne Asset Management LLC purchased a new position in shares of Grupo Televisa during the third quarter valued at approximately $69,000. Strid Group LLC bought a new stake in shares of Grupo Televisa during the 3rd quarter worth approximately $27,000. Corient Private Wealth LLC lifted its position in shares of Grupo Televisa by 2.8% during the second quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after purchasing an additional 6,518 shares during the last quarter. Finally, Evergreen Capital Management LLC bought a new stake in Grupo Televisa during the 2nd quarter valued at about $29,000. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TV has been the topic of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Benchmark restated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of Grupo Televisa in a research report on Monday, October 27th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Grupo Televisa currently has a consensus rating of “Hold” and an average price target of $5.07.

Grupo Televisa Stock Up 0.5%

Shares of TV opened at $3.27 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. Grupo Televisa S.A. has a 52 week low of $1.55 and a 52 week high of $3.47. The stock’s 50-day moving average price is $2.98 and its 200-day moving average price is $2.73. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of -3.23, a PEG ratio of 1.25 and a beta of 1.95.

About Grupo Televisa

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa’s portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa’s broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.