Grupo Televisa S.A. (NYSE:TV) Short Interest Up 37.9% in December

Grupo Televisa S.A. (NYSE:TV) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,647,952 shares, a growth of 37.9% from the December 15th total of 1,195,086 shares. Based on an average trading volume of 2,206,125 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 2,206,125 shares, the days-to-cover ratio is currently 0.7 days.

Grupo Televisa Stock Performance

TV stock traded up $0.03 on Friday, reaching $3.00. The company’s stock had a trading volume of 917,338 shares, compared to its average volume of 1,311,619. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $3.36. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.31 and a quick ratio of 2.29. The company has a market capitalization of $1.66 billion, a P/E ratio of -2.97, a price-to-earnings-growth ratio of 1.14 and a beta of 1.95. The firm has a fifty day moving average of $2.90 and a two-hundred day moving average of $2.66.

Grupo Televisa (NYSE:TV) last announced its earnings results on Friday, October 24th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.22). Grupo Televisa had a negative net margin of 18.27% and a negative return on equity of 9.49%. The business had revenue of $798.55 million for the quarter, compared to the consensus estimate of $14.66 billion. As a group, analysts predict that Grupo Televisa will post -0.07 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Televisa

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. bought a new stake in shares of Grupo Televisa during the 1st quarter worth about $96,000. Robeco Institutional Asset Management B.V. raised its holdings in Grupo Televisa by 7.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,312,678 shares of the company’s stock worth $2,875,000 after purchasing an additional 88,233 shares in the last quarter. GFS Advisors LLC bought a new position in Grupo Televisa during the 2nd quarter valued at $4,692,000. R Squared Ltd increased its position in shares of Grupo Televisa by 171.3% during the 2nd quarter. R Squared Ltd now owns 58,062 shares of the company’s stock valued at $127,000 after purchasing an additional 36,662 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Grupo Televisa by 272.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 134,168 shares of the company’s stock worth $294,000 after buying an additional 98,180 shares in the last quarter. Institutional investors own 55.77% of the company’s stock.

Analyst Ratings Changes

TV has been the subject of a number of research reports. Zacks Research downgraded shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a report on Friday, December 26th. UBS Group reaffirmed a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.