Grupo Televisa (NYSE:TV) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Grupo Televisa S.A. (NYSE:TV)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.81 and traded as high as $3.49. Grupo Televisa shares last traded at $3.3850, with a volume of 1,600,275 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Benchmark restated a “buy” rating on shares of Grupo Televisa in a research note on Friday, January 2nd. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, January 21st. Finally, UBS Group reiterated a “buy” rating on shares of Grupo Televisa in a research report on Monday, October 27th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Grupo Televisa currently has a consensus rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa Price Performance

The firm has a 50 day simple moving average of $3.12 and a 200-day simple moving average of $2.81. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.31.

Hedge Funds Weigh In On Grupo Televisa

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TV. Invesco Ltd. grew its stake in Grupo Televisa by 12.1% during the fourth 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 last quarter. XTX Topco Ltd raised its stake in shares of Grupo Televisa by 972.8% in the fourth quarter. XTX Topco Ltd now owns 317,327 shares of the company’s stock valued at $923,000 after acquiring an additional 287,749 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of Grupo Televisa in the 4th quarter worth approximately $551,000. Schonfeld Strategic Advisors LLC bought a new stake in Grupo Televisa during the 4th quarter worth approximately $432,000. Finally, Squarepoint Ops LLC increased its holdings in Grupo Televisa by 22.8% during the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock valued at $113,000 after purchasing an additional 7,176 shares in the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

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.