Viadero Salvi Rafael Folch Sells 32,997 Shares of Grupo Televisa (NYSE:TV) Stock

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 32,997 shares of Grupo Televisa stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $0.56, for a total value of $18,478.32. Following the completion of the transaction, the director owned 32,997 shares in the company, valued at $18,478.32. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Viadero Salvi Rafael Folch also recently made the following trade(s):

• On Monday, May 25th, Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total value of $112,001.68.
• On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total value of $25,365.00.

Grupo Televisa Price Performance

Shares of Grupo Televisa stock opened at $2.78 on Friday. Grupo Televisa S.A. has a twelve month low of $1.86 and a twelve month high of $3.49. The stock has a market capitalization of $1.48 billion, a P/E ratio of -3.43, a PEG ratio of 0.95 and a beta of 1.61. 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 business’s fifty day moving average price is $2.92 and its 200 day moving average price is $2.98.

Grupo Televisa (NYSE:TV) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The company had revenue of $807.20 million during the quarter. As a group, research analysts anticipate that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TV has been the topic of several research reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. UBS Group cut their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, Wall Street Zen raised Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. One 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.27.

Institutional Inflows and Outflows

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