Grupo Televisa (NYSE:TV) Director Sells $18,478.32 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 32,997 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $0.56, for a total transaction of $18,478.32. Following the completion of the transaction, the director directly owned 32,997 shares of the company’s stock, valued at approximately $18,478.32. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Viadero Salvi Rafael Folch also recently made the following trade(s):

• On Monday, May 25th, Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total transaction of $112,001.68.
• On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00.

Grupo Televisa Trading Down 3.8%

Shares of Grupo Televisa stock opened at $2.67 on Friday. Grupo Televisa S.A. has a 12-month low of $1.86 and a 12-month high of $3.49. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.42 billion, a PE ratio of -3.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.61. The company has a 50-day moving average of $2.91 and a two-hundred day moving average of $2.98.

Grupo Televisa (NYSE:TV) last issued its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The company had revenue of $807.20 million during the quarter. On average, research analysts anticipate that Grupo Televisa S.A. will post 0.09 EPS for the current fiscal year.

Institutional Trading of Grupo Televisa

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Grupo Televisa by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after acquiring an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in Grupo Televisa by 10.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after acquiring an additional 1,975,268 shares during the last quarter. Gabelli Funds LLC boosted its position in Grupo Televisa by 1.7% during the first quarter. Gabelli Funds LLC now owns 7,819,600 shares of the company’s stock worth $22,755,000 after acquiring an additional 133,000 shares during the last quarter. Marshall Wace LLP boosted its position in Grupo Televisa by 732.1% during the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after acquiring an additional 1,273,818 shares during the last quarter. Finally, UBS Group AG boosted its position in Grupo Televisa by 216.4% during the fourth quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock worth $3,380,000 after acquiring an additional 794,514 shares during the last quarter. Institutional investors and hedge funds own 55.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. UBS Group reduced their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Wall Street Zen upgraded Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Grupo Televisa has an average rating of “Hold” and a consensus price target of $5.27.

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.