Grupo Televisa (NYSE:TV) Given “Neutral” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of Grupo Televisa (NYSE:TV) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports.

Several other equities research analysts have also weighed in on TV. Benchmark reissued a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Finally, Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Grupo Televisa presently has an average rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa Trading Down 0.7%

NYSE:TV opened at $2.77 on Tuesday. Grupo Televisa has a 12 month low of $1.55 and a 12 month high of $3.49. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $3.13 and its 200 day moving average is $2.86.

Grupo Televisa (NYSE:TV) last released its earnings results 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 firm had revenue of $794.82 million during the quarter, compared to analysts’ expectations of $799.01 million. Grupo Televisa had a negative return on equity of 8.42% and a negative net margin of 15.75%. Equities research analysts expect that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of Grupo Televisa

A number of institutional investors have recently made changes to their positions in the stock. Strid Group LLC bought a new stake in shares of Grupo Televisa in the 3rd quarter valued at approximately $27,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Grupo Televisa during the 3rd quarter valued at $28,000. TD Private Client Wealth LLC lifted its position in Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after buying an additional 4,355 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in Grupo Televisa in the second quarter worth $29,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Grupo Televisa during the fourth quarter worth $32,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

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.