Grupo Televisa S.A. (NYSE:TV) Sees Significant Increase in Short Interest

Grupo Televisa S.A. (NYSE:TV) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,647,952 shares, a growth of 37.9% from the December 15th total of 1,195,086 shares. Based on an average daily trading volume, of 2,206,125 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 2,206,125 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TV. Strid Group LLC acquired a new position in shares of Grupo Televisa during the 3rd quarter worth approximately $27,000. Vanguard Personalized Indexing Management LLC acquired a new position in Grupo Televisa during the third quarter worth $28,000. TD Private Client Wealth LLC raised 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 worth $29,000 after acquiring an additional 4,355 shares in the last quarter. Evergreen Capital Management LLC acquired a new stake in Grupo Televisa in the second quarter valued at $29,000. Finally, Assetmark Inc. bought a new position in shares of Grupo Televisa in the 2nd quarter valued at about $34,000. 55.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on TV. UBS Group reiterated a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Zacks Research cut Grupo Televisa from a “hold” rating to a “strong sell” rating in a report on Friday, December 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, October 8th. Finally, Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a research note on Friday, January 2nd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $5.07.

Grupo Televisa Stock Up 0.8%

Shares of NYSE TV traded up $0.03 during midday trading on Friday, reaching $3.00. The company’s stock had a trading volume of 917,338 shares, compared to its average volume of 1,311,619. The stock has a 50 day simple moving average of $2.90 and a 200-day simple moving average of $2.66. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.31 and a quick ratio of 2.29. Grupo Televisa has a fifty-two week low of $1.55 and a fifty-two week high of $3.36.

Grupo Televisa (NYSE:TV) last released its earnings results on Friday, October 24th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.22). Grupo Televisa had a negative net margin of 18.27% and a negative return on equity of 9.49%. The business had revenue of $798.55 million during the quarter, compared to the consensus estimate of $14.66 billion. As a group, equities analysts expect that Grupo Televisa will post -0.07 EPS for the current fiscal year.

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.