EntryPoint Capital LLC Acquires 45,889 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

EntryPoint Capital LLC increased its holdings in Grupo Televisa, S.A.B. (NYSE:TV) by 55.3% during the fourth quarter, Holdings Channel reports. The firm owned 128,898 shares of the company’s stock after acquiring an additional 45,889 shares during the quarter. EntryPoint Capital LLC’s holdings in Grupo Televisa, S.A.B. were worth $217,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. GFS Advisors LLC bought a new position in Grupo Televisa, S.A.B. during the fourth quarter valued at approximately $3,600,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of Grupo Televisa, S.A.B. by 245.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company’s stock worth $3,320,000 after acquiring an additional 1,404,933 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Grupo Televisa, S.A.B. by 11.8% during the 4th quarter. American Century Companies Inc. now owns 1,312,209 shares of the company’s stock valued at $2,205,000 after acquiring an additional 138,303 shares during the last quarter. Banco Santander S.A. grew its holdings in shares of Grupo Televisa, S.A.B. by 73.6% in the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company’s stock valued at $534,000 after purchasing an additional 134,621 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in Grupo Televisa, S.A.B. by 1,005,403.7% in the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock worth $695,000 after purchasing an additional 271,459 shares during the last quarter. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Wall Street Analysts Forecast Growth

TV has been the subject of several research reports. The Goldman Sachs Group lowered their price objective on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating for the company in a research report on Tuesday, January 28th. Benchmark reaffirmed a “buy” rating and issued a $7.00 price target (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $4.23.

Grupo Televisa, S.A.B. Stock Down 4.1 %

Shares of TV opened at $1.74 on Friday. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $1.91 and a 200 day moving average of $2.04. The company has a market cap of $960.84 million, a PE ratio of -2.38 and a beta of 1.84. Grupo Televisa, S.A.B. has a 52-week low of $1.66 and a 52-week high of $3.47.

Grupo Televisa, S.A.B. (NYSE:TV) last released its earnings results on Thursday, February 20th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.91). The firm had revenue of $758.58 million during the quarter, compared to the consensus estimate of $15.49 billion. Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. On average, sell-side analysts expect that Grupo Televisa, S.A.B. will post -0.07 EPS for the current year.

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.