Gamco Investors INC. ET AL Has $60.81 Million Stock Position in Grupo Televisa S.A. $TV

Gamco Investors INC. ET AL grew its stake in Grupo Televisa S.A. (NYSE:TV) by 10.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,897,253 shares of the company’s stock after purchasing an additional 1,975,268 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Grupo Televisa were worth $60,811,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of Grupo Televisa by 6.5% in the third quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock worth $60,329,000 after acquiring an additional 1,367,578 shares during the period. Gabelli Funds LLC grew its holdings in Grupo Televisa by 5.9% during the third quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock valued at $18,828,000 after purchasing an additional 388,500 shares during the period. Barometer Capital Management Inc. grew its holdings in Grupo Televisa by 192.3% during the third quarter. Barometer Capital Management Inc. now owns 320,400 shares of the company’s stock valued at $862,000 after purchasing an additional 210,800 shares during the period. Mirabella Financial Services LLP bought a new stake in Grupo Televisa during the third quarter valued at about $467,000. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in Grupo Televisa by 44.2% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 873,351 shares of the company’s stock valued at $2,349,000 after purchasing an additional 267,632 shares during the period. Institutional investors and hedge funds own 55.77% of the company’s stock.

Insider Activity

In other news, insider Francisco Valim sold 225,000 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total transaction of $128,250.00. Following the completion of the sale, the insider owned 225,000 shares in the company, valued at approximately $128,250. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the stock in a transaction 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 sale, the director owned 838,275 shares of the company’s stock, valued at approximately $477,816.75. This represents a 5.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,413,084 shares of company stock worth $811,109.

Grupo Televisa Stock Performance

Shares of TV opened at $2.86 on Monday. Grupo Televisa S.A. has a 12 month low of $1.86 and a 12 month high of $3.49. The stock has a fifty day moving average price of $2.94 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. The firm has a market cap of $1.52 billion, a PE ratio of -3.52, a P/E/G ratio of 1.02 and a beta of 1.61.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The business had revenue of $807.20 million for the quarter. Equities research analysts predict that Grupo Televisa S.A. will post 0.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TV. Wall Street Zen raised Grupo Televisa from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. UBS Group reduced their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock 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. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.27.

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.