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

Grupo Televisa S.A. (NYSE:TV) Director Robelo Francisco Jose Chevez sold 44,500 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 838,275 shares in the company, valued at $477,816.75. This trade represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Grupo Televisa Stock Up 0.9%

Shares of TV opened at $2.86 on Friday. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61. Grupo Televisa S.A. has a 1 year low of $1.79 and a 1 year high of $3.49. The business’s 50 day simple moving average is $2.95 and its 200-day simple moving average is $2.96. 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 (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The firm 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%. As a group, equities analysts expect that Grupo Televisa S.A. will post 0.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Grupo Televisa

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Grupo Televisa by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock valued at $60,329,000 after purchasing an additional 1,367,578 shares during the last quarter. Gabelli Funds LLC increased its position in shares of Grupo Televisa by 5.9% during the 3rd quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock valued at $18,828,000 after purchasing an additional 388,500 shares during the last quarter. Barometer Capital Management Inc. increased its position in shares of Grupo Televisa by 192.3% during the 3rd quarter. Barometer Capital Management Inc. now owns 320,400 shares of the company’s stock valued at $862,000 after purchasing an additional 210,800 shares during the last quarter. Mirabella Financial Services LLP bought a new position in shares of Grupo Televisa during the 3rd quarter valued at approximately $467,000. Finally, Gamco Investors INC. ET AL increased its position in shares of Grupo Televisa by 2.0% during the 3rd quarter. Gamco Investors INC. ET AL now owns 18,921,985 shares of the company’s stock valued at $50,900,000 after purchasing an additional 370,166 shares during the last quarter. Institutional investors own 55.77% of the company’s stock.

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.