Grupo Televisa (NYSE:TV) VP Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) VP Olivares Luis Alejandro Bustos sold 44,500 shares of the company’s stock in a transaction dated 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 vice president directly owned 3,318,551 shares of the company’s stock, valued at $1,891,574.07. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Grupo Televisa Stock Up 0.2%

Shares of NYSE:TV traded up $0.01 during mid-day trading on Wednesday, reaching $2.88. 1,258,496 shares of the stock were exchanged, compared to its average volume of 1,335,783. The stock’s 50 day simple moving average is $2.97 and its 200-day simple moving average is $2.95. Grupo Televisa S.A. has a one year low of $1.76 and a one year high of $3.49. The company has a market cap of $1.53 billion, a P/E ratio of -3.55, a P/E/G ratio of 0.89 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 0.83.

Grupo Televisa (NYSE:TV) last released its quarterly earnings results 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 return on equity of 7.65% and a negative net margin of 13.93%. As a group, equities research analysts predict that Grupo Televisa S.A. will post 0.09 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TV shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. UBS Group increased their price objective on shares of Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a research note on Wednesday, April 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Finally, Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Grupo Televisa presently has a consensus rating of “Hold” and a consensus target price of $5.43.

Hedge Funds Weigh In On Grupo Televisa

Several hedge funds and other institutional investors have recently made changes to their positions in TV. Vanguard Personalized Indexing Management LLC acquired a new position in Grupo Televisa during the third quarter worth $28,000. TD Private Client Wealth LLC lifted its stake in Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock valued at $29,000 after acquiring an additional 4,355 shares during the last quarter. Evergreen Capital Management LLC acquired a new stake in Grupo Televisa in the second quarter valued at $29,000. SmartHarvest Portfolios LLC bought a new position in shares of Grupo Televisa in the 1st quarter valued at about $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Grupo Televisa in the 4th quarter valued at about $32,000. 55.77% of the stock is owned by institutional investors.

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.