UBS Group Lowers Grupo Televisa (NYSE:TV) Price Target to $3.20

Grupo Televisa (NYSE:TV) had its price objective lowered by investment analysts at UBS Group from $3.70 to $3.20 in a research report issued on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 12.48% from the company’s previous close.

TV has been the topic of a number of other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Grupo Televisa has an average rating of “Hold” and a consensus price target of $5.27.

Grupo Televisa Stock Performance

Grupo Televisa stock traded down $0.01 during mid-day trading on Monday, reaching $2.85. The company’s stock had a trading volume of 976,558 shares, compared to its average volume of 1,325,848. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of -3.51, a PEG ratio of 0.91 and a beta of 1.61. The business has a 50 day moving average price of $2.95 and a 200-day moving average price of $2.96. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.04. Grupo Televisa has a twelve month low of $1.79 and a twelve month high of $3.49.

Grupo Televisa (NYSE:TV) last released its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The business had revenue of $807.20 million for the quarter. Sell-side analysts predict that Grupo Televisa will post 0.09 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Kleinbort Enrique Krauze sold 44,500 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the transaction, the director owned 233,000 shares of the company’s stock, valued at $132,810. This trade represents a 16.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Angoitia Alfonso De sold 44,500 shares of Grupo Televisa stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the transaction, the chief executive officer directly owned 38,813,509 shares in the company, valued at approximately $22,123,700.13. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,413,084 shares of company stock worth $811,109.

Hedge Funds Weigh In On Grupo Televisa

Several large investors have recently made changes to their positions in TV. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Grupo Televisa in the 3rd quarter worth approximately $28,000. TD Private Client Wealth LLC lifted its stake in Grupo Televisa by 68.8% during the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock valued at $29,000 after purchasing an additional 4,355 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in Grupo Televisa during the second quarter worth approximately $29,000. SmartHarvest Portfolios LLC bought a new stake in Grupo Televisa during the first quarter worth approximately $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Grupo Televisa in the fourth quarter worth approximately $32,000. Institutional investors 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.