Grupo Televisa S.A. (NYSE:TV) Short Interest Down 45.2% in May

Grupo Televisa S.A. (NYSE:TV) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 737,167 shares, a decrease of 45.2% from the April 30th total of 1,344,556 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,216,687 shares, the days-to-cover ratio is presently 0.6 days.

Insider Transactions at Grupo Televisa

In related news, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were 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 in the company, valued at approximately $66,405. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Francisco Valim sold 225,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $0.57, for a total transaction of $128,250.00. Following the transaction, the insider directly owned 225,000 shares in the company, valued at approximately $128,250. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,762,584 shares of company stock valued at $1,007,994.

Hedge Funds Weigh In On Grupo Televisa

Large investors have recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its holdings in Grupo Televisa by 32.1% in the 4th quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock valued at $41,000 after purchasing an additional 3,426 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Grupo Televisa by 2.8% during the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after acquiring an additional 6,518 shares during the period. Squarepoint Ops LLC lifted its holdings in shares of Grupo Televisa by 22.8% during the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock worth $113,000 after acquiring an additional 7,176 shares during the period. R Squared Ltd lifted its holdings in shares of Grupo Televisa by 16.8% during the 4th quarter. R Squared Ltd now owns 54,574 shares of the company’s stock worth $159,000 after acquiring an additional 7,862 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of Grupo Televisa by 135.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock worth $45,000 after acquiring an additional 8,926 shares during the period. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Analysts Set New Price Targets

TV has been the topic of a number of research analyst reports. UBS Group decreased their price target on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Wall Street Zen downgraded shares of Grupo Televisa from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.27.

Grupo Televisa Stock Performance

NYSE:TV traded up $0.10 during trading hours on Thursday, reaching $2.69. 331,114 shares of the company’s stock were exchanged, compared to its average volume of 1,260,006. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -3.31, a P/E/G ratio of 0.89 and a beta of 1.57. The company has a 50-day moving average of $2.90 and a 200 day moving average of $2.97. 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 1-year low of $1.96 and a 1-year high of $3.49.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The business 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%. Research analysts anticipate that Grupo Televisa will post 0.09 EPS for the current year.

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.