Grupo Televisa S.A. (NYSE:TV) Receives Consensus Rating of “Reduce” from Analysts

Grupo Televisa S.A. (NYSE:TV) has been given an average rating of “Reduce” by the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $5.2667.

TV has been the subject of a number of recent research reports. UBS Group reduced their price target 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. Wall Street Zen lowered shares of Grupo Televisa from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. New Street Research downgraded shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd.

Grupo Televisa Stock Performance

TV opened at $3.01 on Monday. The business’s 50-day moving average price is $2.88 and its two-hundred day moving average price is $2.98. Grupo Televisa has a 1 year low of $2.03 and a 1 year high of $3.49. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of -3.71, a P/E/G ratio of 0.57 and a beta of 1.57. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.39 and a quick ratio of 2.36.

Grupo Televisa (NYSE:TV) last posted 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 return on equity of 7.65% and a negative net margin of 13.93%. Equities analysts expect that Grupo Televisa will post 0.15 EPS for the current fiscal year.

Insiders Place Their Bets

In other Grupo Televisa news, Director Viadero Salvi Rafael Folch sold 200,003 shares of the business’s stock in a transaction that occurred on Monday, May 25th. The stock was sold at an average price of $0.56, for a total transaction of $112,001.68. Following the transaction, the director owned 32,997 shares of the company’s stock, valued at $18,478.32. The trade was a 85.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the sale, the director directly owned 838,275 shares of the company’s stock, valued at approximately $477,816.75. The trade was a 5.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,762,584 shares of company stock valued at $1,007,994 in the last quarter.

Institutional Trading of Grupo Televisa

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of Grupo Televisa by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after acquiring an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in Grupo Televisa by 10.4% during the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after purchasing an additional 1,975,268 shares during the last quarter. Marshall Wace LLP boosted its position in Grupo Televisa by 732.1% during the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after purchasing an additional 1,273,818 shares during the period. Man Group plc bought a new position in Grupo Televisa during the second quarter worth $2,291,000. Finally, Citadel Advisors LLC boosted its position in Grupo Televisa by 921.3% during the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock worth $2,915,000 after purchasing an additional 977,541 shares during the period. 55.77% of the stock is 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.