Short Interest in Grupo Televisa S.A. (NYSE:TV) Decreases By 48.3%

Grupo Televisa S.A. (NYSE:TV) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 852,320 shares, a drop of 48.3% from the December 31st total of 1,647,952 shares. Based on an average trading volume of 852,829 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 852,829 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Grupo Televisa

A number of hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in Grupo Televisa by 52.0% during the second quarter. JPMorgan Chase & Co. now owns 21,059,394 shares of the company’s stock worth $46,120,000 after purchasing an additional 7,204,072 shares during the last quarter. Gamco Investors INC. ET AL grew its position in Grupo Televisa by 3.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 18,551,819 shares of the company’s stock worth $40,628,000 after acquiring an additional 605,393 shares during the last quarter. GFS Advisors LLC bought a new position in shares of Grupo Televisa in the second quarter worth approximately $4,692,000. ABC Arbitrage SA bought a new stake in Grupo Televisa in the 2nd quarter worth $2,321,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Grupo Televisa by 272.8% in the second quarter. Envestnet Asset Management Inc. now owns 134,168 shares of the company’s stock worth $294,000 after purchasing an additional 98,180 shares during the last quarter. Institutional investors and hedge funds own 55.77% of the company’s stock.

Analyst Upgrades and Downgrades

TV has been the topic of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, January 21st. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday. UBS Group reissued a “buy” rating on shares of Grupo Televisa in a research note on Monday, October 27th. Finally, Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.07.

Grupo Televisa Stock Up 0.5%

Shares of Grupo Televisa stock traded up $0.02 during trading on Friday, reaching $3.27. 822,812 shares of the company traded hands, compared to its average volume of 960,289. The company has a 50 day moving average price of $2.98 and a 200-day moving average price of $2.73. Grupo Televisa has a 1-year low of $1.55 and a 1-year high of $3.47. The firm has a market capitalization of $1.80 billion, a PE ratio of -3.23, a P/E/G ratio of 1.25 and a beta of 1.95. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.31 and a quick ratio of 2.29.

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.