Grupo Televisa (NYSE:TV) Director Sells $18,478.32 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 32,997 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $0.56, for a total value of $18,478.32. Following the sale, the director owned 32,997 shares in the company, valued at approximately $18,478.32. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Viadero Salvi Rafael Folch also recently made the following trade(s):

• On Monday, May 25th, Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total value of $112,001.68.
• On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total value of $25,365.00.

Grupo Televisa Price Performance

Shares of TV traded down $0.02 during midday trading on Wednesday, hitting $2.83. 546,804 shares of the company traded hands, compared to its average volume of 1,277,173. The stock has a 50-day moving average of $2.92 and a 200-day moving average of $2.98. Grupo Televisa S.A. has a one year low of $1.86 and a one year high of $3.49. The firm has a market cap of $1.50 billion, a P/E ratio of -3.49, a PEG ratio of 1.00 and a beta of 1.61. 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 announced its quarterly 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 net margin of 13.93% and a negative return on equity of 7.65%. As a group, sell-side analysts predict that Grupo Televisa S.A. will post 0.08 EPS for the current fiscal year.

Institutional Trading of Grupo Televisa

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC purchased a new stake in Grupo Televisa in the third quarter worth $28,000. Evergreen Capital Management LLC purchased a new stake in Grupo Televisa in the second quarter worth $29,000. SmartHarvest Portfolios LLC purchased a new stake in Grupo Televisa in the first quarter worth $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Grupo Televisa in the fourth quarter worth $32,000. Finally, AXQ Capital LP purchased a new stake in Grupo Televisa in the fourth quarter worth $35,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on TV shares. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. UBS Group decreased their price objective on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock 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 upgraded shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $5.27.

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.