Grupo Televisa (NYSE:TV) Director Viadero Salvi Rafael Folch Sells 32,997 Shares

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 32,997 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $0.56, for a total transaction of $18,478.32. Following the completion of the transaction, the director owned 32,997 shares of the company’s stock, valued at approximately $18,478.32. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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 transaction 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 transaction of $25,365.00.

Grupo Televisa Trading Down 0.5%

NYSE TV traded down $0.02 during trading hours on Wednesday, reaching $2.83. The company’s stock had a trading volume of 546,804 shares, compared to its average volume of 1,277,173. The firm has a fifty day simple moving average of $2.92 and a 200-day simple moving average of $2.98. The stock has a market cap of $1.50 billion, a P/E ratio of -3.49, a P/E/G ratio of 1.00 and a beta of 1.61. Grupo Televisa S.A. has a 52 week low of $1.86 and a 52 week high of $3.49. 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 issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The business had revenue of $807.20 million during the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. Equities analysts forecast that Grupo Televisa S.A. will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Televisa

Several institutional investors have recently added to or reduced their stakes in TV. Vanguard Personalized Indexing Management LLC purchased a new stake in Grupo Televisa during the 3rd quarter worth about $28,000. SmartHarvest Portfolios LLC purchased a new stake in Grupo Televisa during the 1st quarter worth about $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Grupo Televisa during the fourth quarter valued at about $32,000. AXQ Capital LP bought a new stake in shares of Grupo Televisa during the fourth quarter valued at about $35,000. Finally, Diversified Trust Co. bought a new stake in shares of Grupo Televisa during the fourth quarter valued at about $38,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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