Grupo Televisa S.A. (NYSE:TV) Sees Significant Increase in Short Interest

Grupo Televisa S.A. (NYSE:TV) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,369,011 shares, an increase of 40.0% from the January 29th total of 977,697 shares. Based on an average daily volume of 1,115,690 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 1,115,690 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Strid Group LLC purchased a new stake in shares of Grupo Televisa during the third quarter valued at approximately $27,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Grupo Televisa during the 3rd quarter valued at $28,000. TD Private Client Wealth LLC increased 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 worth $29,000 after purchasing an additional 4,355 shares in the last quarter. Evergreen Capital Management LLC purchased a new position in shares of Grupo Televisa in the second quarter worth $29,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Grupo Televisa in the fourth quarter worth $32,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa Stock Performance

Shares of TV traded down $0.02 during mid-day trading on Tuesday, reaching $2.77. The company’s stock had a trading volume of 3,095,620 shares, compared to its average volume of 1,524,515. The company has a current ratio of 2.31, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $3.49. The company’s fifty day moving average price is $3.13 and its two-hundred day moving average price is $2.86.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.77). The company had revenue of $794.82 million during the quarter, compared to the consensus estimate of $799.01 million. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.42%. On average, equities research analysts expect that Grupo Televisa will post -0.07 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on TV. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Benchmark reissued a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $5.07.

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.