Grupo Televisa S.A. $TV Shares Sold by GFS Advisors LLC

GFS Advisors LLC cut its stake in shares of Grupo Televisa S.A. (NYSE:TV) by 79.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 447,000 shares of the company’s stock after selling 1,695,590 shares during the quarter. GFS Advisors LLC owned about 0.08% of Grupo Televisa worth $1,301,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Invesco Ltd. purchased a new position in shares of Grupo Televisa in the first quarter worth about $96,000. Canada Pension Plan Investment Board purchased a new stake in Grupo Televisa in the second quarter valued at approximately $1,232,000. Banco BTG Pactual S.A. acquired a new position in Grupo Televisa in the 2nd quarter worth approximately $208,000. Jane Street Group LLC acquired a new position in Grupo Televisa in the 2nd quarter worth approximately $1,211,000. Finally, Bank of America Corp DE raised its position in Grupo Televisa by 36.8% during the 2nd quarter. Bank of America Corp DE now owns 305,072 shares of the company’s stock worth $668,000 after buying an additional 82,118 shares during the last quarter. 55.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TV has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. UBS Group cut their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research report on Monday, May 11th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Finally, Wall Street Zen downgraded Grupo Televisa from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Grupo Televisa has a consensus rating of “Hold” and an average target price of $5.27.

Grupo Televisa Price Performance

NYSE:TV opened at $2.77 on Wednesday. The stock’s fifty day moving average is $2.88 and its two-hundred day moving average is $2.97. Grupo Televisa S.A. has a 52 week low of $1.97 and a 52 week high of $3.49. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $1.47 billion, a P/E ratio of -3.42, a P/E/G ratio of 0.89 and a beta of 1.57.

Grupo Televisa (NYSE:TV) last announced its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The company had revenue of $807.20 million for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. Equities analysts expect that Grupo Televisa S.A. will post 0.09 EPS for the current year.

Insider Activity at Grupo Televisa

In other Grupo Televisa news, Director Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock in a transaction dated Monday, May 25th. The stock was sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the transaction, the director directly owned 32,997 shares of the company’s stock, valued at $18,478.32. The trade was a 85.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of Grupo Televisa stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,762,584 shares of company stock worth $1,007,994 over the last ninety days.

About Grupo Televisa

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.