Short Interest in Grupo Televisa S.A. (NYSE:TV) Increases By 40.0%

Grupo Televisa S.A. (NYSE:TV) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 1,369,011 shares, an increase of 40.0% from the January 29th total of 977,697 shares. Based on an average daily volume of 1,115,690 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 1,115,690 shares, the short-interest ratio is currently 1.2 days.

Grupo Televisa Stock Up 1.1%

Grupo Televisa stock traded up $0.03 during trading on Wednesday, hitting $2.79. The company had a trading volume of 149,923 shares, compared to its average volume of 1,290,700. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. Grupo Televisa has a 1-year low of $1.55 and a 1-year high of $3.49. The company’s 50 day simple moving average is $3.13 and its 200-day simple moving average is $2.86.

Grupo Televisa (NYSE:TV) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.77). Grupo Televisa had a negative return on equity of 8.42% and a negative net margin of 15.75%.The firm had revenue of $794.82 million for the quarter, compared to analyst estimates of $799.01 million. Sell-side analysts expect that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TV. Benchmark restated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday. Finally, Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $5.07.

Hedge Funds Weigh In On Grupo Televisa

Several institutional investors have recently bought and sold shares of TV. Caitong International Asset Management Co. Ltd increased its stake in Grupo Televisa by 135.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock worth $45,000 after purchasing an additional 8,926 shares during the period. Virtu Financial LLC grew its holdings in shares of Grupo Televisa by 96.1% in the fourth quarter. Virtu Financial LLC now owns 56,003 shares of the company’s stock valued at $163,000 after purchasing an additional 27,445 shares in the last quarter. Invesco Ltd. increased its stake in Grupo Televisa by 12.1% during the 4th quarter. Invesco Ltd. now owns 165,287 shares of the company’s stock worth $481,000 after buying an additional 17,847 shares during the period. XTX Topco Ltd increased its stake in Grupo Televisa by 972.8% during the 4th quarter. XTX Topco Ltd now owns 317,327 shares of the company’s stock worth $923,000 after buying an additional 287,749 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in Grupo Televisa during the 4th quarter worth approximately $551,000. 55.77% of the stock is owned by institutional investors and hedge funds.

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.