Grupo Televisa S.A. $TV Position Increased by UBS Group AG

UBS Group AG raised its holdings in shares of Grupo Televisa S.A. (NYSE:TV) by 216.4% in the 4th quarter, Holdings Channel reports. The firm owned 1,161,678 shares of the company’s stock after purchasing an additional 794,514 shares during the quarter. UBS Group AG’s holdings in Grupo Televisa were worth $3,380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Grupo Televisa by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock valued at $60,329,000 after acquiring an additional 1,367,578 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of Grupo Televisa by 2.0% during the third quarter. Gamco Investors INC. ET AL now owns 18,921,985 shares of the company’s stock valued at $50,900,000 after acquiring an additional 370,166 shares during the period. Gabelli Funds LLC boosted its holdings in shares of Grupo Televisa by 5.9% during the third quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock valued at $18,828,000 after acquiring an additional 388,500 shares during the period. Citadel Advisors LLC boosted its holdings in shares of Grupo Televisa by 921.3% during the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock valued at $2,915,000 after acquiring an additional 977,541 shares during the period. Finally, Man Group plc acquired a new position in shares of Grupo Televisa during the second quarter valued at $2,291,000. Institutional investors own 55.77% of the company’s stock.

Insider Buying and Selling

In other Grupo Televisa news, insider Francisco Valim sold 225,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $0.57, for a total value of $128,250.00. Following the completion of the sale, the insider directly owned 225,000 shares of the company’s stock, valued at approximately $128,250. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Viadero Salvi Rafael Folch sold 44,500 shares of the company’s 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 directly owned 233,000 shares of the company’s stock, valued at $132,810. The trade was a 16.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,413,084 shares of company stock worth $811,109 in the last ninety days.

Grupo Televisa Stock Performance

TV stock opened at $2.80 on Monday. The company has a market capitalization of $1.49 billion, a P/E ratio of -3.45, a PEG ratio of 1.00 and a beta of 1.61. The company has a 50-day simple moving average of $2.93 and a 200 day simple moving average of $2.98. Grupo Televisa S.A. has a fifty-two week low of $1.86 and a fifty-two week high of $3.49. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%.The company had revenue of $807.20 million during the quarter. Sell-side analysts predict that Grupo Televisa S.A. will post 0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TV shares. UBS Group reduced their price target on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a report on Monday, May 11th. Wall Street Zen raised shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a report on Saturday. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a 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, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus 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.