Grupo Televisa (NYSE:TV) Director Viadero Salvi Rafael Folch Sells 200,003 Shares

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 200,003 shares of the stock in a transaction that occurred on Monday, May 25th. The stock was sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the transaction, the director directly owned 32,997 shares of the company’s stock, valued at $18,478.32. This trade represents a 85.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, May 26th, Viadero Salvi Rafael Folch sold 32,997 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total value of $18,478.32.
• On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The stock was sold at an average price of $0.57, for a total value of $25,365.00.

Grupo Televisa Stock Performance

Shares of NYSE:TV traded down $0.02 on Wednesday, hitting $2.83. The company’s stock had a trading volume of 546,804 shares, compared to its average volume of 1,277,173. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of -3.49, a price-to-earnings-growth ratio of 1.00 and a beta of 1.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. Grupo Televisa S.A. has a 12 month low of $1.86 and a 12 month high of $3.49. The stock’s 50-day moving average is $2.92 and its two-hundred day moving average is $2.98.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data 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%. On average, equities research analysts forecast that Grupo Televisa S.A. will post 0.08 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on TV. Wall Street Zen upgraded shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Finally, UBS Group dropped their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Grupo Televisa currently has a consensus rating of “Hold” and an average target price of $5.27.

Institutional Trading of Grupo Televisa

Hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in Grupo Televisa by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after purchasing an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after buying an additional 1,975,268 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after buying an additional 1,273,818 shares in the last quarter. Man Group plc acquired a new stake in shares of Grupo Televisa during the 2nd quarter valued at $2,291,000. Finally, Citadel Advisors LLC boosted its stake in shares of Grupo Televisa by 921.3% during the 3rd quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock worth $2,915,000 after acquiring an additional 977,541 shares in the last quarter. 55.77% of the stock is currently owned by institutional investors.

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.