Grupo Televisa (NYSE:TV) Director Gimenez Lorenzo Alejan Mendoza Sells 44,500 Shares

Grupo Televisa S.A. (NYSE:TV) Director Gimenez Lorenzo Alejan Mendoza sold 44,500 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the sale, the director directly owned 233,000 shares of the company’s stock, valued at $132,810. This represents a 16.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Grupo Televisa Trading Up 0.2%

Shares of NYSE TV traded up $0.01 during mid-day trading on Wednesday, reaching $2.88. The company had a trading volume of 1,258,496 shares, compared to its average volume of 1,335,783. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -3.55, a price-to-earnings-growth ratio of 0.89 and a beta of 1.61. Grupo Televisa S.A. has a 52 week low of $1.76 and a 52 week high of $3.49. The business’s 50-day moving average is $2.97 and its 200-day moving average is $2.95. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.83.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The company had revenue of $807.20 million for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. Equities analysts expect that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Grupo Televisa

Large investors have recently bought and sold shares of the business. TD Private Client Wealth LLC lifted its holdings in Grupo Televisa by 32.1% during the fourth quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock worth $41,000 after buying an additional 3,426 shares during the period. Corient Private Wealth LLC increased 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 acquiring an additional 6,518 shares during the period. Squarepoint Ops LLC raised its position in shares of Grupo Televisa by 22.8% in the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock worth $113,000 after acquiring an additional 7,176 shares in the last quarter. R Squared Ltd raised its position in shares of Grupo Televisa by 16.8% in the 4th quarter. R Squared Ltd now owns 54,574 shares of the company’s stock worth $159,000 after acquiring an additional 7,862 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Grupo Televisa by 135.8% during the 4th 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 last quarter. Institutional investors own 55.77% of the company’s stock.

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.