Grupo Televisa (NYSE:TV) Director Sells $66,405.00 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $0.57, for a total transaction of $66,405.00. Following the completion of the transaction, the director directly owned 116,500 shares of the company’s stock, valued at $66,405. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dahlhaus Jean Michel Enriquez also recently made the following trade(s):

• On Monday, May 4th, Dahlhaus Jean Michel Enriquez 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 Stock Down 1.6%

TV stock traded down $0.05 during midday trading on Thursday, hitting $2.78. The company’s stock had a trading volume of 790,114 shares, compared to its average volume of 1,272,289. 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 S.A. has a 52-week low of $1.86 and a 52-week high of $3.49. The firm has a market capitalization of $1.48 billion, a P/E ratio of -3.43, a PEG ratio of 1.01 and a beta of 1.61. The firm has a 50-day simple moving average of $2.92 and a 200-day simple moving average of $2.98.

Grupo Televisa (NYSE:TV) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The firm 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%. As a group, equities analysts forecast that Grupo Televisa S.A. will post 0.08 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TV. JPMorgan Chase & Co. increased its stake in Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after purchasing an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL increased its stake in Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after purchasing an additional 1,975,268 shares during the period. Marshall Wace LLP increased its stake in Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after purchasing an additional 1,273,818 shares during the period. Man Group plc acquired a new position in Grupo Televisa in the second quarter valued at $2,291,000. Finally, Citadel Advisors LLC increased its stake in Grupo Televisa by 921.3% in the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock valued at $2,915,000 after purchasing an additional 977,541 shares during the period. 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.