GFS Advisors LLC Reduces Stake in Grupo Televisa S.A. $TV

GFS Advisors LLC reduced its stake in Grupo Televisa S.A. (NYSE:TV) by 79.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 447,000 shares of the company’s stock after selling 1,695,590 shares during the period. GFS Advisors LLC’s holdings in Grupo Televisa were worth $1,301,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cerity Partners LLC increased its position in Grupo Televisa by 91.2% during the fourth quarter. Cerity Partners LLC now owns 34,600 shares of the company’s stock worth $101,000 after buying an additional 16,500 shares during the period. LPL Financial LLC raised its holdings in Grupo Televisa by 12.3% during the fourth quarter. LPL Financial LLC now owns 129,184 shares of the company’s stock worth $376,000 after purchasing an additional 14,113 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Grupo Televisa by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after buying an additional 4,888,475 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Grupo Televisa by 117.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 730,308 shares of the company’s stock valued at $2,125,000 after acquiring an additional 394,817 shares during the period. Finally, AXQ Capital LP acquired a new position in shares of Grupo Televisa during the 4th quarter worth $35,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Analyst Ratings Changes

TV has been the subject of several recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. UBS Group reduced their price target on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research report on Monday, May 11th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Finally, Wall Street Zen cut Grupo Televisa from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 31st. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.27.

Insider Activity

In other Grupo Televisa news, Director Salmon Denise Maerker sold 565,084 shares of the stock in a transaction on Friday, March 27th. The stock was sold at an average price of $0.58, for a total transaction of $327,748.72. Following the sale, the director owned 565,084 shares in the company, valued at approximately $327,748.72. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Francisco Valim sold 225,000 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total value of $128,250.00. Following the transaction, the insider directly owned 225,000 shares of the company’s stock, valued at $128,250. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,762,584 shares of company stock worth $1,007,994.

Grupo Televisa Price Performance

Grupo Televisa stock opened at $2.77 on Wednesday. The firm has a market capitalization of $1.47 billion, a PE ratio of -3.42, a P/E/G ratio of 0.89 and a beta of 1.57. Grupo Televisa S.A. has a 52 week low of $1.97 and a 52 week high of $3.49. The firm’s 50-day simple moving average is $2.88 and its 200 day simple moving average is $2.97. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04.

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