Short Interest in Grupo Televisa S.A. (NYSE:TV) Grows By 20.5%

Grupo Televisa S.A. (NYSE:TV) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 888,447 shares, an increase of 20.5% from the February 26th total of 737,235 shares. Based on an average daily trading volume, of 1,677,647 shares, the short-interest ratio is presently 0.5 days.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Finally, Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.07.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in Grupo Televisa by 6.5% in the third quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock valued at $60,329,000 after purchasing an additional 1,367,578 shares during the period. Gamco Investors INC. ET AL raised its stake in Grupo Televisa by 3.4% during the second quarter. Gamco Investors INC. ET AL now owns 18,551,819 shares of the company’s stock worth $40,628,000 after purchasing an additional 605,393 shares during the period. Gabelli Funds LLC raised its stake in Grupo Televisa by 5.9% during the third quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock worth $18,828,000 after purchasing an additional 388,500 shares during the period. American Century Companies Inc. boosted its holdings in shares of Grupo Televisa by 42.7% in 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 last quarter. Finally, Barometer Capital Management Inc. boosted its holdings in shares of Grupo Televisa by 192.3% in the 3rd quarter. Barometer Capital Management Inc. now owns 320,400 shares of the company’s stock valued at $862,000 after purchasing an additional 210,800 shares during the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Televisa Price Performance

Shares of NYSE:TV opened at $2.94 on Thursday. The company has a market cap of $1.56 billion, a P/E ratio of -3.30, a P/E/G ratio of 0.93 and a beta of 1.86. The company has a quick ratio of 2.11, a current ratio of 2.12 and a debt-to-equity ratio of 0.84. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $3.49. The business has a fifty day simple moving average of $3.09 and a 200-day simple moving average of $2.89.

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