Dahlhaus Jean Michel Enriquez Sells 116,500 Shares of Grupo Televisa (NYSE:TV) Stock

Grupo Televisa S.A. (NYSE:TV) Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the business’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 completion of the transaction, the director owned 116,500 shares in the company, valued at approximately $66,405. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Dahlhaus Jean Michel Enriquez also recently made the following trade(s):

• On Monday, May 4th, Dahlhaus Jean Michel Enriquez sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00.

Grupo Televisa Price Performance

TV stock opened at $2.67 on Friday. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of -3.29, a PEG ratio of 0.93 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 S.A. has a 12-month low of $1.86 and a 12-month high of $3.49. The company’s fifty day simple moving average is $2.91 and its 200 day simple moving average is $2.98.

Grupo Televisa (NYSE:TV) last released its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The firm 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%. On average, analysts expect that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Institutional Investors Weigh In On Grupo Televisa

A number of institutional investors and hedge funds have recently made changes to their positions in TV. JPMorgan Chase & Co. grew its position in Grupo Televisa by 6.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock worth $60,329,000 after purchasing an additional 1,367,578 shares in the last quarter. Gabelli Funds LLC grew its position in Grupo Televisa by 5.9% in the 3rd quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock worth $18,828,000 after purchasing an additional 388,500 shares in the last quarter. Gamco Investors INC. ET AL grew its position in Grupo Televisa by 10.4% in the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after purchasing an additional 1,975,268 shares in the last quarter. Barometer Capital Management Inc. grew its position in Grupo Televisa by 192.3% in the 3rd quarter. Barometer Capital Management Inc. now owns 320,400 shares of the company’s stock worth $862,000 after purchasing an additional 210,800 shares in the last quarter. Finally, Mirabella Financial Services LLP bought a new stake in Grupo Televisa in the 3rd quarter worth about $467,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Analyst Upgrades and Downgrades

TV has been the subject of several 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 for the company in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Finally, Wall Street Zen raised shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. One investment 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $5.27.

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.