UBS Group AG Boosts Holdings in Grupo Televisa S.A. $TV

UBS Group AG grew its position in shares of Grupo Televisa S.A. (NYSE:TV) by 216.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,161,678 shares of the company’s stock after purchasing an additional 794,514 shares during the period. UBS Group AG’s holdings in Grupo Televisa were worth $3,380,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TV. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Grupo Televisa during the third quarter valued at approximately $28,000. Evergreen Capital Management LLC purchased a new stake in shares of Grupo Televisa during the second quarter valued at approximately $29,000. Diversified Trust Co. purchased a new stake in shares of Grupo Televisa during the fourth quarter valued at approximately $38,000. one8zero8 LLC purchased a new stake in shares of Grupo Televisa during the third quarter valued at approximately $40,000. Finally, Virtu Financial LLC purchased a new stake in shares of Grupo Televisa during the third quarter valued at approximately $77,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Grupo Televisa Stock Down 0.2%

Shares of NYSE:TV opened at $2.80 on Monday. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $2.93 and a 200 day simple moving average of $2.98. The firm has a market cap of $1.49 billion, a PE ratio of -3.45, a price-to-earnings-growth ratio of 1.00 and a beta of 1.61. Grupo Televisa S.A. has a 12-month low of $1.86 and a 12-month high of $3.49.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The company had revenue of $807.20 million during the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. On average, equities research analysts anticipate that Grupo Televisa S.A. will post 0.08 EPS for the current fiscal year.

Insider Activity

In other Grupo Televisa news, insider Francisco Valim sold 225,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $0.57, for a total transaction of $128,250.00. Following the completion of the sale, the insider owned 225,000 shares in the company, valued at $128,250. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Viadero Salvi Rafael Folch 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 transaction of $25,365.00. Following the sale, the director owned 233,000 shares of the company’s stock, valued at approximately $132,810. The trade was a 16.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,413,084 shares of company stock valued at $811,109 over the last quarter.

Analyst Ratings Changes

TV has been the topic of a number of analyst reports. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Wall Street Zen upgraded shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. UBS Group dropped their price target on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.27.

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.