Rob Citrone Podcast and Top 5 Stock Picks

4. Grupo Televisa, S.A.B. (NYSE:TV)

Number of Hedge Fund Holders: 21

Number of Shares Held by Discovery Capital Management: 12.4 million

Portfolio Percentage: 7.46%

Grupo Televisa, S.A.B. (NYSE:TV) was spotted in the portfolios of 21 hedge funds during the first quarter, with a total stake value of $472 million.

Grupo Televisa, S.A.B. (NYSE:TV) is a media company operating in Spanish-speaking Mexico and internationally. It is based in Mexico City, Mexico.

A Buy rating was reiterated on Grupo Televisa, S.A.B. (NYSE:TV) shares on June 13 by Benchmark analyst Matthew Harrigan, alongside a $12 price target.

Oakmark Funds made the following comment about Grupo Televisa, S.A.B. (NYSE:TV) in its first-quarter 2023 investor letter:

“With the exceptions of Credit Suisse and Grupo Televisa, S.A.B. (NYSE:TV), the remaining sales were simply a function of price and value converging favorably. David Herro discussed the sale of Credit Suisse in his letter. Grupo Televisa had perennially disappointed us fundamentally, and we determined there were better alternatives where we had more confidence in a good outcome.”

Follow Grupo Televisa Sa (NYSE:TV)