Grupo Televisa S.A. (NYSE:TV) Short Interest Down 48.3% in January

Grupo Televisa S.A. (NYSE:TV) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 852,320 shares, a drop of 48.3% from the December 31st total of 1,647,952 shares. Based on an average daily volume of 852,829 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 852,829 shares, the days-to-cover ratio is currently 1.0 days.

Analyst Upgrades and Downgrades

TV has been the topic of a number of research analyst reports. UBS Group reiterated a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday. Benchmark restated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa Price Performance

Grupo Televisa stock traded up $0.02 during mid-day trading on Friday, hitting $3.27. 822,812 shares of the company were exchanged, compared to its average volume of 960,289. The company has a market capitalization of $1.80 billion, a PE ratio of -3.23, a price-to-earnings-growth ratio of 1.25 and a beta of 1.95. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $2.98 and a 200 day moving average of $2.73. Grupo Televisa has a 1-year low of $1.55 and a 1-year high of $3.47.

Institutional Investors Weigh In On Grupo Televisa

A number of institutional investors and hedge funds have recently modified their holdings of TV. TD Private Client Wealth LLC lifted its holdings in shares of Grupo Televisa by 68.8% during the 3rd 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. Corient Private Wealth LLC boosted its holdings in shares of Grupo Televisa by 2.8% in the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock valued at $519,000 after buying an additional 6,518 shares during the last quarter. R Squared Ltd lifted its stake in Grupo Televisa by 16.8% in the fourth quarter. R Squared Ltd now owns 54,574 shares of the company’s stock valued at $159,000 after acquiring an additional 7,862 shares during the last quarter. Strid Group LLC acquired a new stake in Grupo Televisa in the 3rd quarter valued at about $27,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in Grupo Televisa by 2.5% in the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 405,950 shares of the company’s stock valued at $889,000 after buying an additional 10,000 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.