Grupo Televisa (NYSE:TV) Insider Eguia Jose Antonio Chedraui Sells 44,500 Shares

Grupo Televisa S.A. (NYSE:TV) insider Eguia Jose Antonio Chedraui 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 transaction of $25,365.00. Following the completion of the transaction, the insider owned 845,573 shares in the company, valued at approximately $481,976.61. The trade was a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Grupo Televisa Trading Up 0.2%

TV traded up $0.01 on Wednesday, reaching $2.88. 1,258,496 shares of the company traded hands, compared to its average volume of 1,335,783. The company has a market cap of $1.53 billion, a P/E ratio of -3.55, a price-to-earnings-growth 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 S.A. has a one year low of $1.76 and a one year high of $3.49. The firm has a fifty day simple moving average of $2.97 and a two-hundred day simple moving average of $2.95.

Grupo Televisa (NYSE:TV) last issued its earnings results on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. The company had revenue of $807.20 million during 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 expect that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Analysts Set New Price Targets

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

Institutional Trading of Grupo Televisa

A number of hedge funds have recently bought and sold shares of TV. Vanguard Personalized Indexing Management LLC bought a new position in shares of Grupo Televisa in the 3rd quarter worth $28,000. TD Private Client Wealth LLC boosted its position in Grupo Televisa by 68.8% during the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock valued at $29,000 after purchasing an additional 4,355 shares in the last quarter. Evergreen Capital Management LLC purchased a new position in Grupo Televisa in the second quarter valued at about $29,000. SmartHarvest Portfolios LLC bought a new position in Grupo Televisa in the first quarter worth about $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Grupo Televisa in the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

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.