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

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 32,997 shares of Grupo Televisa stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $0.56, for a total value of $18,478.32. Following the transaction, the director directly owned 32,997 shares in the company, valued at approximately $18,478.32. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Trading Down 0.5%

NYSE:TV opened at $2.83 on Thursday. The stock has a market cap of $1.50 billion, a PE ratio of -3.49, a price-to-earnings-growth ratio of 1.01 and a beta of 1.61. The stock’s 50-day moving average is $2.92 and its two-hundred day moving average is $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 debt-to-equity ratio of 0.04, a current ratio of 2.39 and a quick ratio of 2.36.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. The firm had revenue of $807.20 million during the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. As a group, equities research analysts forecast that Grupo Televisa S.A. will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Televisa

Several institutional investors and hedge funds have recently added to or reduced their stakes in TV. Invesco Ltd. acquired a new stake in Grupo Televisa in the 1st quarter worth approximately $96,000. Canada Pension Plan Investment Board acquired a new stake in Grupo Televisa in the 2nd quarter worth approximately $1,232,000. Banco BTG Pactual S.A. acquired a new stake in Grupo Televisa in the 2nd quarter worth approximately $208,000. Jane Street Group LLC acquired a new stake in Grupo Televisa in the 2nd quarter worth approximately $1,211,000. Finally, Bank of America Corp DE lifted its holdings in Grupo Televisa by 36.8% in the 2nd quarter. Bank of America Corp DE now owns 305,072 shares of the company’s stock worth $668,000 after purchasing an additional 82,118 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TV. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Wall Street Zen raised Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Finally, UBS Group lowered their price target on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target 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.