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

Grupo Televisa S.A. (NYSE:TV) Director Dahlhaus Jean Michel Enriquez sold 44,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the transaction, the director owned 233,000 shares of the company’s stock, valued at approximately $132,810. This trade represents a 16.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Grupo Televisa Stock Performance

NYSE TV traded up $0.01 on Wednesday, reaching $2.88. 1,258,496 shares of the stock were exchanged, compared to its average volume of 1,335,783. Grupo Televisa S.A. has a one year low of $1.76 and a one year high of $3.49. The firm has a market capitalization of $1.53 billion, a PE ratio of -3.55, a PEG ratio of 0.89 and a beta of 1.61. The company’s 50-day simple moving average is $2.97 and its two-hundred day simple moving average is $2.95. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.83.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in Grupo Televisa by 21.8% during the fourth 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 boosted its holdings in shares of 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 purchasing an additional 1,975,268 shares during the period. Gabelli Funds LLC boosted its holdings in shares of 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 purchasing an additional 687,500 shares during the period. Marshall Wace LLP increased its position in shares of Grupo Televisa by 732.1% during the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after purchasing an additional 1,273,818 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Grupo Televisa by 216.4% during the 4th quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock valued at $3,380,000 after purchasing an additional 794,514 shares during the last quarter. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. UBS Group increased their target price on Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $5.43.

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.