Short Interest in Grupo Televisa S.A. (NYSE:TV) Rises By 40.0%

Grupo Televisa S.A. (NYSE:TV) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 1,369,011 shares, an increase of 40.0% from the January 29th total of 977,697 shares. Based on an average daily volume of 1,115,690 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 1,115,690 shares, the short-interest ratio is currently 1.2 days.

Grupo Televisa Trading Down 7.4%

Shares of Grupo Televisa stock opened at $2.95 on Monday. The firm’s 50 day simple moving average is $3.14 and its two-hundred day simple moving average is $2.85. Grupo Televisa has a 12-month low of $1.55 and a 12-month high of $3.49. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.31.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.77). Grupo Televisa had a negative return on equity of 8.42% and a negative net margin of 15.75%.The company had revenue of $794.82 million for the quarter, compared to analyst estimates of $799.01 million. As a group, analysts expect that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Benchmark restated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Grupo Televisa presently has a consensus rating of “Hold” and a consensus price target of $5.07.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TV. TD Private Client Wealth LLC boosted its position in Grupo Televisa by 32.1% in 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 raised its position in Grupo Televisa by 2.8% during 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 during the last quarter. Squarepoint Ops LLC lifted its stake in Grupo Televisa by 22.8% during the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock valued at $113,000 after acquiring an additional 7,176 shares during the period. R Squared Ltd boosted its holdings in shares of 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 last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in shares of Grupo Televisa by 2.5% in the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 405,950 shares of the company’s stock worth $889,000 after acquiring an additional 10,000 shares during the period. 55.77% of the stock is currently owned by hedge funds and other 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.