Grupo Televisa (NYSE:TV) Director Sells 44,500 Shares

Grupo Televisa S.A. (NYSE:TV) Director Fernandez Jose Luis Fernandez sold 44,500 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the transaction, the director owned 38,932,325 shares in the company, valued at approximately $22,191,425.25. The trade was a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a legal 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, hitting $2.88. The company’s stock had a trading volume of 1,258,496 shares, compared to its average volume of 1,335,783. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.36 and a current ratio of 2.39. Grupo Televisa S.A. has a 1-year low of $1.76 and a 1-year high of $3.49. The firm’s fifty day moving average price is $2.97 and its 200-day moving average price is $2.95. The firm has a market cap of $1.53 billion, a P/E ratio of -3.55, a P/E/G ratio of 0.89 and a beta of 1.61.

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Grupo Televisa

Several large investors have recently made changes to their positions in TV. TD Private Client Wealth LLC raised its holdings in shares of Grupo Televisa by 32.1% during the fourth quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock valued at $41,000 after buying an additional 3,426 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Grupo Televisa by 2.8% in the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after buying an additional 6,518 shares in the last quarter. Squarepoint Ops LLC grew its holdings in Grupo Televisa by 22.8% in the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock worth $113,000 after buying an additional 7,176 shares in the last quarter. R Squared Ltd increased its position in Grupo Televisa by 16.8% in the 4th quarter. R Squared Ltd now owns 54,574 shares of the company’s stock valued at $159,000 after acquiring an additional 7,862 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in Grupo Televisa by 135.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock valued at $45,000 after acquiring an additional 8,926 shares during the period. Institutional investors and hedge funds own 55.77% of the company’s stock.

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.