Grupo Televisa S.A. (NYSE:TV) Receives Average Recommendation of “Hold” from Brokerages

Grupo Televisa S.A. (NYSE:TV) has been assigned an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $5.0667.

A number of analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Finally, Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th.

Hedge Funds Weigh In On Grupo Televisa

A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in Grupo Televisa by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after acquiring an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after purchasing an additional 1,975,268 shares during the last quarter. Gabelli Funds LLC grew its stake in shares of Grupo Televisa by 9.8% during the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock valued at $22,368,000 after purchasing an additional 687,500 shares during the period. American Century Companies Inc. grew its stake in shares of Grupo Televisa by 42.7% during the 2nd quarter. American Century Companies Inc. now owns 2,056,691 shares of the company’s stock valued at $4,504,000 after purchasing an additional 615,200 shares during the period. Finally, Marshall Wace LLP increased its position in shares of Grupo Televisa by 732.1% during the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after purchasing an additional 1,273,818 shares during the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Televisa Stock Up 1.9%

TV stock opened at $2.91 on Wednesday. Grupo Televisa has a 1-year low of $1.55 and a 1-year high of $3.49. The business has a fifty day moving average price of $3.10 and a 200-day moving average price of $2.89. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.12 and a quick ratio of 2.11. The stock has a market capitalization of $1.54 billion, a P/E ratio of -3.26, a P/E/G ratio of 0.91 and a beta of 1.96.

Grupo Televisa (NYSE:TV) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. The business had revenue of $807.20 million for the quarter. Equities analysts forecast that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

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.