Mitsubishi UFJ Trust & Banking Corp Reduces Position in Grupo Televisa S.A. (TV)

Mitsubishi UFJ Trust & Banking Corp reduced its holdings in Grupo Televisa S.A. (NYSE:TV) by 8.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,067 shares of the company’s stock after selling 6,292 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Grupo Televisa were worth $1,679,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Dodge & Cox raised its holdings in shares of Grupo Televisa by 6.0% during the second quarter. Dodge & Cox now owns 40,308,617 shares of the company’s stock valued at $982,321,000 after acquiring an additional 2,287,300 shares during the period. First Eagle Investment Management LLC raised its holdings in shares of Grupo Televisa by 3.2% during the second quarter. First Eagle Investment Management LLC now owns 38,547,427 shares of the company’s stock valued at $939,401,000 after acquiring an additional 1,195,820 shares during the period. Harding Loevner LP raised its holdings in shares of Grupo Televisa by 2.9% during the second quarter. Harding Loevner LP now owns 19,348,979 shares of the company’s stock valued at $471,535,000 after acquiring an additional 536,989 shares during the period. Black Creek Investment Management Inc. raised its holdings in shares of Grupo Televisa by 62.3% during the second quarter. Black Creek Investment Management Inc. now owns 6,431,205 shares of the company’s stock valued at $156,728,000 after acquiring an additional 2,468,802 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in shares of Grupo Televisa by 14.4% during the third quarter. Russell Investments Group Ltd. now owns 3,130,202 shares of the company’s stock valued at $77,214,000 after acquiring an additional 393,000 shares during the period. Institutional investors and hedge funds own 57.87% of the company’s stock.

A number of research firms have recently issued reports on TV. Citigroup upgraded shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Monday, December 4th. HSBC upgraded shares of Grupo Televisa from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. UBS upgraded shares of Grupo Televisa from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 30th. Zacks Investment Research lowered shares of Grupo Televisa from a “hold” rating to a “sell” rating in a research note on Tuesday, November 21st. Finally, ValuEngine upgraded shares of Grupo Televisa from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $27.00.

Grupo Televisa S.A. (TV) traded down $0.04 during trading on Tuesday, reaching $18.64. 3,325,400 shares of the company’s stock traded hands, compared to its average volume of 2,341,383. The firm has a market cap of $11,560.00, a price-to-earnings ratio of 47.90, a PEG ratio of 1.17 and a beta of 1.21. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 1.13. Grupo Televisa S.A. has a 1 year low of $17.24 and a 1 year high of $27.37.

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Grupo Televisa Profile

Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.

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

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