Fernandez Jose Luis Fernandez Sells 44,500 Shares of Grupo Televisa (NYSE:TV) Stock

Grupo Televisa S.A. (NYSE:TV) Director Fernandez Jose Luis Fernandez sold 44,500 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the transaction, the director directly owned 38,932,325 shares of the company’s stock, valued at approximately $22,191,425.25. The trade was a 0.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Grupo Televisa Stock Performance

Shares of NYSE TV traded up $0.01 during midday trading on Wednesday, reaching $2.88. 1,258,496 shares of the company traded hands, compared to its average volume of 1,335,783. Grupo Televisa S.A. has a 52 week low of $1.76 and a 52 week high of $3.49. The stock has a 50-day moving average price of $2.97 and a 200 day moving average price of $2.95. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.39 and a quick ratio of 2.36. The company has a market cap of $1.53 billion, a price-to-earnings ratio of -3.55, a PEG ratio of 0.89 and a beta of 1.61.

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

Institutional Trading of Grupo Televisa

A number of hedge funds and other institutional investors have recently made changes to their positions in TV. JPMorgan Chase & Co. lifted 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 valued at $79,488,000 after purchasing an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL grew its position in Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after buying an additional 1,975,268 shares during the last quarter. Gabelli Funds LLC grew its position in Grupo Televisa by 9.8% in the fourth quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock worth $22,368,000 after buying an additional 687,500 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after buying an additional 1,273,818 shares in the last quarter. Finally, UBS Group AG lifted 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 acquiring an additional 794,514 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TV. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. UBS Group upped 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. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price 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.