Sei Investments Co. Purchases 18,600 Shares of Grupo Televisa, S.A.B. (NYSE:TV)


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Sei Investments Co. increased its position in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,048,261 shares of the company’s stock after buying an additional 18,600 shares during the period. Sei Investments Co. owned 0.35% of Grupo Televisa, S.A.B. worth $16,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TV. Eqis Capital Management Inc. bought a new stake in shares of Grupo Televisa, S.A.B. in the 3rd quarter valued at about $65,000. Advisor Partners LLC bought a new stake in Grupo Televisa, S.A.B. in the third quarter valued at approximately $71,000. Raymond James & Associates bought a new position in shares of Grupo Televisa, S.A.B. during the 3rd quarter worth approximately $77,000. Marks Group Wealth Management Inc increased its holdings in shares of Grupo Televisa, S.A.B. by 25.9% during the 4th quarter. Marks Group Wealth Management Inc now owns 15,192 shares of the company’s stock worth $125,000 after acquiring an additional 3,123 shares during the last quarter. Finally, Aigen Investment Management LP bought a new stake in Grupo Televisa, S.A.B. in the 3rd quarter valued at $112,000. 47.50% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE TV opened at $7.79 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.38 and a quick ratio of 1.35. The firm has a market cap of $4.50 billion, a price-to-earnings ratio of -33.87, a P/E/G ratio of 3.26 and a beta of 1.21. The stock’s fifty day moving average price is $8.48 and its two-hundred day moving average price is $7.55. Grupo Televisa, S.A.B. has a one year low of $4.65 and a one year high of $11.27.

Grupo Televisa, S.A.B. (NYSE:TV) last announced its earnings results on Thursday, February 18th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.13. Grupo Televisa, S.A.B. had a negative net margin of 2.78% and a negative return on equity of 3.06%. On average, equities analysts anticipate that Grupo Televisa, S.A.B. will post -0.07 earnings per share for the current fiscal year.

Several equities analysts have commented on TV shares. Zacks Investment Research downgraded shares of Grupo Televisa, S.A.B. from a “hold” rating to a “sell” rating in a report on Saturday. Morgan Stanley lowered shares of Grupo Televisa, S.A.B. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, December 15th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $6.75.

About Grupo Televisa, S.A.B.

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Cable, Sky, Content, and Other Businesses. The Cable segment operates cable multiple system and telecommunication facilities. It provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone services, as well as local and national advertising sales; and data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.

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Institutional Ownership by Quarter for Grupo Televisa, S.A.B. (NYSE:TV)

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