Grupo Televisa (NYSE:TV) Director Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Gonzalez Carlos Hank sold 44,500 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the transaction, the director directly owned 841,900 shares in the company, valued at $479,883. This trade represents a 5.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Grupo Televisa Stock Performance

NYSE TV opened at $2.86 on Friday. The stock’s fifty day moving average is $2.95 and its two-hundred day moving average is $2.96. The firm has a market capitalization of $1.52 billion, a P/E ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. Grupo Televisa S.A. has a fifty-two week low of $1.79 and a fifty-two week high of $3.49.

Grupo Televisa (NYSE:TV) last released 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 return on equity of 7.65% and a negative net margin of 13.93%. On average, research analysts anticipate that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on TV. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. UBS Group lifted their target price on Grupo Televisa from $2.60 to $3.70 and gave the company a “neutral” rating in a research report on Wednesday, April 22nd. Finally, Wall Street Zen upgraded Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.43.

Institutional Investors Weigh In On Grupo Televisa

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC purchased a new stake in Grupo Televisa in the third quarter valued at $28,000. TD Private Client Wealth LLC raised its holdings in shares of Grupo Televisa by 68.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock valued at $29,000 after buying an additional 4,355 shares during the period. Evergreen Capital Management LLC purchased a new stake in shares of Grupo Televisa in the 2nd quarter valued at $29,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Grupo Televisa in the 1st quarter valued at $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Grupo Televisa in the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

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.