Grupo Televisa S.A. (NYSE:TV) Short Interest Update

Grupo Televisa S.A. (NYSE:TV) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 888,447 shares, an increase of 20.5% from the February 26th total of 737,235 shares. Based on an average daily volume of 1,677,647 shares, the short-interest ratio is currently 0.5 days.

Grupo Televisa Trading Up 0.9%

Shares of NYSE TV traded up $0.03 during trading on Wednesday, hitting $2.94. 119,528 shares of the company traded hands, compared to its average volume of 1,269,719. The firm has a market capitalization of $1.56 billion, a P/E ratio of -3.30, a P/E/G ratio of 0.91 and a beta of 1.96. The company has a quick ratio of 2.11, a current ratio of 2.12 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average price of $3.10 and a 200-day moving average price of $2.89. Grupo Televisa has a 1 year low of $1.55 and a 1 year high of $3.49.

Grupo Televisa (NYSE:TV) last issued its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. Grupo Televisa had a negative return on equity of 8.56% and a negative net margin of 15.75%.The firm had revenue of $807.20 million during the quarter. On average, equities analysts predict that Grupo Televisa will post -0.07 EPS for the current year.

Hedge Funds Weigh In On Grupo Televisa

Hedge funds and other institutional investors have recently modified their holdings of the company. Strid Group LLC purchased a new stake in shares of Grupo Televisa during the third quarter valued at approximately $27,000. Vanguard Personalized Indexing Management LLC acquired a new stake in Grupo Televisa during the 3rd quarter valued at $28,000. TD Private Client Wealth LLC increased its stake in Grupo Televisa by 68.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after buying an additional 4,355 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Grupo Televisa during the 4th quarter worth $32,000. Finally, AXQ Capital LP acquired a new position in Grupo Televisa in the 4th quarter worth $35,000. 55.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on TV. Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Grupo Televisa currently has a consensus rating of “Hold” and a consensus target price of $5.07.

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.