Grupo Televisa S.A. (NYSE:TV) Given Average Recommendation of “Reduce” by Brokerages

Shares of Grupo Televisa S.A. (NYSE:TV) have been given an average rating of “Reduce” by the seven analysts that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $5.2333.

A number of research firms have recently commented on TV. New Street Research lowered shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. UBS Group decreased their price objective on shares of Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating for the company in a report on Monday. Wall Street Zen lowered shares of Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th.

Insider Buying and Selling

In related news, insider Francisco Valim sold 225,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total transaction of $128,250.00. Following the completion of the transaction, the insider owned 225,000 shares of the company’s stock, valued at approximately $128,250. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Margain Guadalupe Phillips sold 44,500 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the sale, the director owned 838,275 shares of the company’s stock, valued at approximately $477,816.75. The trade was a 5.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,197,500 shares of company stock valued at $680,245 in the last quarter.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TV. JPMorgan Chase & Co. boosted its position in shares of Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after acquiring an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL grew its stake in shares of Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after acquiring an additional 1,975,268 shares during the last quarter. Marshall Wace LLP increased its position in Grupo Televisa by 732.1% during the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after acquiring an additional 1,273,818 shares during the period. Man Group plc bought a new position in Grupo Televisa during the second quarter worth $2,291,000. Finally, Citadel Advisors LLC raised its stake in Grupo Televisa by 921.3% during the 3rd quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock valued at $2,915,000 after purchasing an additional 977,541 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa Stock Down 0.6%

Shares of Grupo Televisa stock opened at $2.71 on Friday. The stock has a market capitalization of $1.44 billion, a P/E ratio of -3.34, a PEG ratio of 0.52 and a beta of 1.55. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $2.79 and a two-hundred day moving average price of $2.96. Grupo Televisa has a 12-month low of $2.03 and a 12-month high of $3.49.

About Grupo Televisa

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.