Grupo Televisa S.A. $TV Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. decreased its stake in Grupo Televisa S.A. (NYSE:TV) by 56.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 148,000 shares of the company’s stock after selling 192,000 shares during the period. Rockefeller Capital Management L.P.’s holdings in Grupo Televisa were worth $431,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Grupo Televisa by 135.8% during the fourth 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 grew its position in Grupo Televisa by 96.1% in the 4th quarter. Virtu Financial LLC now owns 56,003 shares of the company’s stock worth $163,000 after purchasing an additional 27,445 shares during the last quarter. Invesco Ltd. grew its position in Grupo Televisa by 12.1% in the 4th quarter. Invesco Ltd. now owns 165,287 shares of the company’s stock worth $481,000 after purchasing an additional 17,847 shares during the last quarter. XTX Topco Ltd increased its stake in shares of Grupo Televisa by 972.8% in the fourth quarter. XTX Topco Ltd now owns 317,327 shares of the company’s stock valued at $923,000 after purchasing an additional 287,749 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of Grupo Televisa in the fourth quarter valued at approximately $551,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Insider Activity at Grupo Televisa

In related news, Director Robelo Francisco Jose Chevez sold 44,500 shares of the 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 completion of the sale, the director owned 838,275 shares in the company, valued at $477,816.75. This represents a 5.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Viadero Salvi Rafael Folch sold 200,003 shares of the firm’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the sale, the director directly owned 32,997 shares in the company, valued at $18,478.32. This trade represents a 85.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,197,500 shares of company stock valued at $680,245.

Analyst Upgrades and Downgrades

TV has been the subject of several analyst reports. UBS Group reduced their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research report on Monday, May 11th. New Street Research downgraded Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, Wall Street Zen cut Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $5.27.

Grupo Televisa Price Performance

TV opened at $2.65 on Monday. The stock has a fifty day moving average price of $2.81 and a 200 day moving average price of $2.97. 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 S.A. has a 1 year low of $2.03 and a 1 year high of $3.49. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of -3.27, a PEG ratio of 0.51 and a beta of 1.55.

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.