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

Grupo Televisa S.A. (NYSE:TV) has been assigned an average recommendation of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $5.2667.

TV has been the topic of several recent research reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Wall Street Zen upgraded Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, UBS Group reduced their price target on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th.

Grupo Televisa Stock Performance

Shares of NYSE TV opened at $2.82 on Thursday. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of -3.48, a P/E/G ratio of 1.00 and a beta of 1.61. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.04. Grupo Televisa has a 1-year low of $1.86 and a 1-year high of $3.49. The stock’s 50-day moving average is $2.93 and its 200 day moving average is $2.98.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The firm had revenue of $807.20 million for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. On average, sell-side analysts anticipate that Grupo Televisa will post 0.08 EPS for the current fiscal year.

Insider Buying and Selling at Grupo Televisa

In related news, Director Viadero Salvi Rafael Folch sold 44,500 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the transaction, the director directly owned 233,000 shares in the company, valued at $132,810. This trade represents a 16.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Angoitia Alfonso De sold 44,500 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the transaction, the chief executive officer owned 38,813,509 shares in the company, valued at approximately $22,123,700.13. The trade was a 0.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,413,084 shares of company stock worth $811,109 over the last quarter.

Hedge Funds Weigh In On Grupo Televisa

Several institutional investors and hedge funds have recently bought and sold shares of TV. Invesco Ltd. bought a new stake in shares of Grupo Televisa in the 1st quarter worth approximately $96,000. Canada Pension Plan Investment Board bought a new stake in shares of Grupo Televisa in the 2nd quarter worth approximately $1,232,000. Banco BTG Pactual S.A. bought a new stake in shares of Grupo Televisa in the 2nd quarter worth approximately $208,000. Jane Street Group LLC bought a new stake in shares of Grupo Televisa in the 2nd quarter worth approximately $1,211,000. Finally, Bank of America Corp DE grew its position in shares of Grupo Televisa by 36.8% in the 2nd quarter. Bank of America Corp DE now owns 305,072 shares of the company’s stock worth $668,000 after buying an additional 82,118 shares during the last quarter. 55.77% of the stock is currently owned by 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.