Alua Capital Management LP Sells 1,199,486 Shares of Grupo Televisa S.A. $TV

Alua Capital Management LP decreased its position in shares of Grupo Televisa S.A. (NYSE:TV) by 12.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,417,570 shares of the company’s stock after selling 1,199,486 shares during the quarter. Grupo Televisa makes up 1.6% of Alua Capital Management LP’s holdings, making the stock its 20th largest holding. Alua Capital Management LP owned 1.52% of Grupo Televisa worth $22,643,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Strid Group LLC bought a new stake in Grupo Televisa during the third quarter valued at about $27,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Grupo Televisa in the third quarter valued at about $28,000. TD Private Client Wealth LLC boosted its stake in shares of Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after acquiring an additional 4,355 shares during the period. Evergreen Capital Management LLC bought a new position in shares of Grupo Televisa in the second quarter worth about $29,000. Finally, one8zero8 LLC purchased a new stake in shares of Grupo Televisa during the third quarter worth about $40,000. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa Stock Performance

Shares of Grupo Televisa stock opened at $2.86 on Friday. Grupo Televisa S.A. has a twelve month low of $1.55 and a twelve month high of $3.49. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.11 and a current ratio of 2.12. The business has a 50-day moving average price of $3.12 and a 200-day moving average price of $2.88.

Grupo Televisa (NYSE:TV) last posted its earnings results on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.77). Grupo Televisa had a negative return on equity of 8.56% and a negative net margin of 15.75%.The firm had revenue of $794.82 million during the quarter, compared to analysts’ expectations of $799.01 million. As a group, sell-side analysts predict that Grupo Televisa S.A. will post -0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Benchmark reissued a “buy” rating on shares of Grupo Televisa in a research note on Friday, January 2nd. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Grupo Televisa has an average rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa 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.