Mirabella Financial Services LLP Invests $467,000 in Grupo Televisa S.A. $TV

Mirabella Financial Services LLP purchased a new position in Grupo Televisa S.A. (NYSE:TV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 173,611 shares of the company’s stock, valued at approximately $467,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in Grupo Televisa by 6.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock valued at $60,329,000 after buying an additional 1,367,578 shares during the period. Gamco Investors INC. ET AL increased its position in shares of Grupo Televisa by 2.0% during the third quarter. Gamco Investors INC. ET AL now owns 18,921,985 shares of the company’s stock worth $50,900,000 after acquiring an additional 370,166 shares during the period. Gabelli Funds LLC increased its position in shares of Grupo Televisa by 5.9% during the third quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock worth $18,828,000 after acquiring an additional 388,500 shares during the period. American Century Companies Inc. raised its stake in shares of Grupo Televisa by 42.7% during the second quarter. American Century Companies Inc. now owns 2,056,691 shares of the company’s stock valued at $4,504,000 after acquiring an additional 615,200 shares in the last quarter. Finally, Citadel Advisors LLC raised its stake in shares of Grupo Televisa by 921.3% during the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock valued at $2,915,000 after acquiring an additional 977,541 shares in the last quarter. Institutional investors own 55.77% of the company’s stock.

Wall Street Analyst Weigh In

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

Grupo Televisa Price Performance

Shares of TV opened at $2.94 on Friday. The company has a 50 day moving average price of $3.12 and a 200-day moving average price of $2.88. Grupo Televisa S.A. has a fifty-two week low of $1.55 and a fifty-two week high of $3.49. The stock has a market capitalization of $1.63 billion, a PE ratio of -3.30, a PEG ratio of 0.92 and a beta of 1.96. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.11 and a current ratio of 2.12.

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

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.