Wall Street Zen Downgrades Grupo Televisa (NYSE:TV) to Buy

Grupo Televisa (NYSE:TV) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Sunday.

Several other brokerages also recently commented on TV. UBS Group cut their price objective 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.27.

Grupo Televisa Stock Performance

Shares of Grupo Televisa stock opened at $2.67 on Friday. The stock’s fifty day moving average is $2.91 and its two-hundred day moving average is $2.98. The company has a market capitalization of $1.42 billion, a PE ratio of -3.29, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. Grupo Televisa has a 52 week low of $1.86 and a 52 week high of $3.49.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings data 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 13.93% and a negative return on equity of 7.65%. As a group, analysts expect that Grupo Televisa will post 0.09 earnings per share for the current year.

Insider Activity at Grupo Televisa

In related news, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $0.57, for a total transaction of $66,405.00. Following the sale, the director owned 116,500 shares of the company’s stock, valued at $66,405. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Francisco Valim sold 225,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $0.57, for a total value of $128,250.00. Following the sale, the insider directly owned 225,000 shares in the company, valued at approximately $128,250. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,762,584 shares of company stock valued at $1,007,994 over the last 90 days.

Institutional Investors Weigh In On Grupo Televisa

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TV. Vanguard Personalized Indexing Management LLC purchased a new stake in Grupo Televisa in the third quarter valued at about $28,000. Evergreen Capital Management LLC purchased a new stake in Grupo Televisa in the second quarter valued at about $29,000. SmartHarvest Portfolios LLC purchased a new stake in Grupo Televisa in the first quarter valued at about $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Grupo Televisa in the fourth quarter worth about $32,000. Finally, AXQ Capital LP purchased a new position in shares of Grupo Televisa in the fourth quarter worth about $35,000. 55.77% of the stock is currently owned by hedge funds and other 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.