Grupo Televisa (NYSE:TV) Director Sells $327,748.72 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Salmon Denise Maerker sold 565,084 shares of Grupo Televisa stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $0.58, for a total value of $327,748.72. Following the completion of the sale, the director owned 565,084 shares of the company’s stock, valued at $327,748.72. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Grupo Televisa Stock Down 0.2%

TV opened at $3.08 on Monday. 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 $1.64 billion, a price-to-earnings ratio of -3.46, a price-to-earnings-growth ratio of 0.98 and a beta of 1.87. The business has a 50-day moving average of $3.02 and a two-hundred day moving average of $2.93. Grupo Televisa S.A. has a 12 month low of $1.67 and a 12 month high of $3.49.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. The business had revenue of $807.20 million during the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. On average, research analysts expect that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Hedge Funds Weigh In On Grupo Televisa

A number of hedge funds have recently made changes to their positions in the business. SmartHarvest Portfolios LLC purchased a new position in shares of Grupo Televisa in the 1st quarter valued at $30,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Grupo Televisa by 135.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock valued at $45,000 after acquiring an additional 8,926 shares during the period. Virtu Financial LLC raised its stake in shares of Grupo Televisa by 96.1% in the 4th quarter. Virtu Financial LLC now owns 56,003 shares of the company’s stock valued at $163,000 after acquiring an additional 27,445 shares during the period. Invesco Ltd. raised its stake in shares of Grupo Televisa by 12.1% in the 4th quarter. Invesco Ltd. now owns 165,287 shares of the company’s stock valued at $481,000 after acquiring an additional 17,847 shares during the period. Finally, XTX Topco Ltd raised its stake in shares of Grupo Televisa by 972.8% in the 4th quarter. XTX Topco Ltd now owns 317,327 shares of the company’s stock valued at $923,000 after acquiring an additional 287,749 shares during the period. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on TV shares. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. UBS Group lifted their price target on Grupo Televisa from $2.60 to $3.70 and gave the company a “neutral” rating in a report on Wednesday, April 22nd. Benchmark restated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Finally, Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $5.43.

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.