Grupo Televisa S.A. (NYSE:TV) Given Average Rating of “Reduce” by Analysts

Grupo Televisa S.A. (NYSE:TV) has been given an average recommendation of “Reduce” by the seven research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $5.2333.

A number of brokerages recently weighed in on TV. Wall Street Zen raised shares of Grupo Televisa from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. UBS Group cut their price objective on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating for the company in a research note on Monday, July 6th. New Street Research cut Grupo Televisa from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 17th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th.

Grupo Televisa Stock Performance

NYSE:TV opened at $2.71 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. The stock has a market capitalization of $1.44 billion, a PE ratio of -3.34, a P/E/G ratio of 0.52 and a beta of 1.55. Grupo Televisa has a fifty-two week low of $2.03 and a fifty-two week high of $3.49. The company has a fifty day moving average of $2.77 and a two-hundred day moving average of $2.95.

Insider Transactions at Grupo Televisa

In other news, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the company’s stock in a transaction 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 sale, the director owned 116,500 shares of the company’s stock, valued at $66,405. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the sale, the director owned 838,275 shares of the company’s stock, valued at $477,816.75. This trade represents a 5.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,197,500 shares of company stock worth $680,245 in the last quarter.

Institutional Trading of Grupo Televisa

Several large investors have recently bought and sold shares of the business. SmartHarvest Portfolios LLC purchased a new position in Grupo Televisa in the 1st quarter worth approximately $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Grupo Televisa in the fourth quarter valued at approximately $32,000. AXQ Capital LP acquired a new stake in shares of Grupo Televisa in the fourth quarter valued at approximately $35,000. Diversified Trust Co. purchased a new position in Grupo Televisa during the fourth quarter worth approximately $38,000. Finally, Evergreen Capital Management LLC acquired a new position in Grupo Televisa during the second quarter worth $29,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

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.