Grupo Televisa (NYSE:TV) Raised to “Buy” at Wall Street Zen

Grupo Televisa (NYSE:TV) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

TV has been the subject of several other research reports. New Street Research lowered shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Finally, UBS Group cut their price objective on shares of Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating on the stock in a report on Monday, July 6th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $5.23.

Grupo Televisa Stock Up 2.4%

NYSE:TV traded up $0.07 during mid-day trading on Friday, reaching $2.77. The company’s stock had a trading volume of 752,836 shares, compared to its average volume of 835,829. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. Grupo Televisa has a 1 year low of $2.03 and a 1 year high of $3.49. The stock has a fifty day moving average of $2.79 and a 200-day moving average of $2.96. The firm has a market capitalization of $1.48 billion, a PE ratio of -3.43, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55.

Insider Buying and Selling

In other Grupo Televisa news, Director Margain Guadalupe Phillips sold 44,500 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the transaction, the director directly owned 838,275 shares in the company, valued at approximately $477,816.75. The trade was a 5.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the business’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 838,275 shares of the company’s stock, valued at $477,816.75. This represents a 5.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,197,500 shares of company stock valued at $680,245 over the last three months.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Evergreen Capital Management LLC purchased a new stake in Grupo Televisa during the second quarter valued at approximately $29,000. SmartHarvest Portfolios LLC acquired a new position in Grupo Televisa during the 1st quarter valued at about $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Grupo Televisa during the 4th quarter valued at about $32,000. AXQ Capital LP purchased a new stake in Grupo Televisa in the fourth quarter valued at about $35,000. Finally, Diversified Trust Co. purchased a new stake in Grupo Televisa in the fourth quarter valued at about $38,000. Institutional investors 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.