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

Grupo Televisa S.A. (NYSE:TV) VP Olivares Luis Alejandro Bustos sold 44,500 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the sale, the vice president directly owned 3,318,551 shares in the company, valued at approximately $1,891,574.07. This represents a 1.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Grupo Televisa Price Performance

Shares of TV stock opened at $2.86 on Friday. The stock’s fifty day simple moving average is $2.95 and its 200 day simple moving average is $2.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.39 and a quick ratio of 2.36. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of -3.52, a P/E/G ratio of 0.90 and a beta of 1.61. Grupo Televisa S.A. has a one year low of $1.79 and a one year high of $3.49.

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Wall Street Zen raised Grupo Televisa from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Finally, UBS Group boosted their price objective on Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a research note on Wednesday, April 22nd. 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 company’s stock. According to MarketBeat.com, Grupo Televisa currently has a consensus rating of “Hold” and a consensus price target of $5.43.

Hedge Funds Weigh In On Grupo Televisa

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC acquired a new position in Grupo Televisa in the third quarter worth $28,000. TD Private Client Wealth LLC boosted its stake in Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after purchasing an additional 4,355 shares in the last quarter. Evergreen Capital Management LLC acquired a new position in Grupo Televisa in the second quarter worth $29,000. SmartHarvest Portfolios LLC acquired a new position in Grupo Televisa in the first quarter worth $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Grupo Televisa in the fourth quarter worth $32,000. Institutional investors and hedge funds 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.