Rockefeller Capital Management L.P. Sells 192,000 Shares of Grupo Televisa S.A. $TV

Rockefeller Capital Management L.P. decreased its stake in shares of Grupo Televisa S.A. (NYSE:TV) by 56.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 148,000 shares of the company’s stock after selling 192,000 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Grupo Televisa were worth $431,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised 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 valued at $45,000 after buying an additional 8,926 shares during the last quarter. Virtu Financial LLC grew its position in Grupo Televisa by 96.1% during the fourth quarter. Virtu Financial LLC now owns 56,003 shares of the company’s stock worth $163,000 after buying an additional 27,445 shares in the last quarter. Invesco Ltd. increased its stake in Grupo Televisa by 12.1% during the fourth quarter. Invesco Ltd. now owns 165,287 shares of the company’s stock valued at $481,000 after acquiring an additional 17,847 shares during the period. XTX Topco Ltd increased its stake in Grupo Televisa by 972.8% during the fourth quarter. XTX Topco Ltd now owns 317,327 shares of the company’s stock valued at $923,000 after acquiring an additional 287,749 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in Grupo Televisa in the 4th quarter valued at approximately $551,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. New Street Research lowered Grupo Televisa from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 17th. UBS Group cut their target price 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. Wall Street Zen cut Grupo Televisa from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Grupo Televisa currently has an average rating of “Reduce” and an average price target of $5.27.

Grupo Televisa Price Performance

Shares of Grupo Televisa stock opened at $2.65 on Monday. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of -3.27, a P/E/G ratio of 0.51 and a beta of 1.55. The firm’s 50-day moving average price is $2.81 and its two-hundred day moving average price is $2.97. 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 S.A. has a 1-year low of $2.03 and a 1-year high of $3.49.

Insiders Place Their Bets

In other Grupo Televisa news, insider Francisco Valim sold 225,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total value of $128,250.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Viadero Salvi Rafael Folch sold 200,003 shares of the stock in a transaction on Monday, May 25th. The stock was sold at an average price of $0.56, for a total value of $112,001.68. Following the sale, the director owned 32,997 shares in the company, valued at $18,478.32. The trade was a 85.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,197,500 shares of company stock worth $680,245 over the last ninety days.

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.