Dahlhaus Jean Michel Enriquez Sells 116,500 Shares of Grupo Televisa (NYSE:TV) Stock

Grupo Televisa S.A. (NYSE:TV) Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $0.57, for a total transaction of $66,405.00. Following the transaction, the director owned 116,500 shares in the company, valued at approximately $66,405. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Dahlhaus Jean Michel Enriquez also recently made the following trade(s):

• On Monday, May 4th, Dahlhaus Jean Michel Enriquez sold 44,500 shares of Grupo Televisa stock. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00.

Grupo Televisa Stock Performance

Shares of Grupo Televisa stock traded down $0.05 on Thursday, reaching $2.78. 790,114 shares of the stock were exchanged, compared to its average volume of 1,272,289. The firm has a market capitalization of $1.48 billion, a PE ratio of -3.43, a PEG ratio of 1.01 and a beta of 1.61. Grupo Televisa S.A. has a 1-year low of $1.86 and a 1-year high of $3.49. The business has a fifty day moving average price of $2.92 and a two-hundred day moving average price of $2.98. 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 (NYSE:TV) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. The company had revenue of $807.20 million for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. As a group, research analysts anticipate that Grupo Televisa S.A. will post 0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Wall Street Zen raised shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 23rd. UBS Group reduced their price target on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued 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 $5.27.

Hedge Funds Weigh In On Grupo Televisa

A number of institutional investors have recently modified their holdings of the company. TD Private Client Wealth LLC raised its position in shares of Grupo Televisa by 32.1% in the fourth quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock valued at $41,000 after buying an additional 3,426 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of Grupo Televisa by 2.8% in the second quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock valued at $519,000 after buying an additional 6,518 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Grupo Televisa by 22.8% in the fourth quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock valued at $113,000 after buying an additional 7,176 shares during the last quarter. R Squared Ltd raised its position in shares of Grupo Televisa by 16.8% in the fourth quarter. R Squared Ltd now owns 54,574 shares of the company’s stock valued at $159,000 after buying an additional 7,862 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Grupo Televisa by 135.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock valued at $45,000 after buying an additional 8,926 shares during the last quarter. Institutional investors and hedge funds 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.