Grupo Televisa (NYSE:TV) Director Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Naranjo Alvarez Guiller Garcia sold 44,500 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the sale, the director owned 838,275 shares of the company’s stock, valued at $477,816.75. This trade represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Grupo Televisa Stock Performance

Shares of TV opened at $2.86 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.39 and a quick ratio of 2.36. Grupo Televisa S.A. has a one year low of $1.79 and a one year high of $3.49. The company has a 50-day simple moving average of $2.95 and a two-hundred day simple moving average of $2.96. The firm has a market capitalization of $1.52 billion, a PE ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%.The company had revenue of $807.20 million during the quarter. On average, analysts anticipate that Grupo Televisa S.A. will post 0.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Televisa

A number of hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Grupo Televisa by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after acquiring an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in Grupo Televisa by 10.4% in the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after acquiring an additional 1,975,268 shares during the last quarter. Gabelli Funds LLC raised its holdings in Grupo Televisa by 9.8% in the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock worth $22,368,000 after acquiring an additional 687,500 shares during the last quarter. Marshall Wace LLP raised its holdings in Grupo Televisa by 732.1% in the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after acquiring an additional 1,273,818 shares during the last quarter. Finally, UBS Group AG raised its holdings in Grupo Televisa by 216.4% in the 4th quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock worth $3,380,000 after acquiring an additional 794,514 shares during the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TV shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. UBS Group lifted their target price on shares of Grupo Televisa from $2.60 to $3.70 and gave the company a “neutral” rating in a report on Wednesday, April 22nd. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, Wall Street Zen upgraded shares of Grupo Televisa from a “hold” rating to a “buy” rating in a report on Saturday. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $5.43.

Grupo Televisa Company Profile

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.