Analysts Set Grupo Televisa S.A. (NYSE:TV) Price Target at $5.23

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

A number of equities research analysts recently commented on the company. UBS Group lowered their price target on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating for the company in a research report on Monday, July 6th. New Street Research lowered shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Finally, Wall Street Zen raised shares of Grupo Televisa from a “hold” rating to a “buy” rating in a report on Sunday.

Insider Activity

In related news, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $0.57, for a total value of $66,405.00. Following the transaction, the director owned 116,500 shares in the company, valued at $66,405. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the transaction, the director owned 838,275 shares of the company’s stock, valued at $477,816.75. This represents a 5.04% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,197,500 shares of company stock valued at $680,245.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Grupo Televisa by 6.5% in the third quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock valued at $60,329,000 after acquiring an additional 1,367,578 shares during the period. Gamco Investors INC. ET AL raised its stake in shares of Grupo Televisa by 10.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after acquiring an additional 1,975,268 shares in the last quarter. UBS Group AG increased its holdings in Grupo Televisa by 216.4% during the 4th quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock worth $3,380,000 after purchasing an additional 794,514 shares during the period. Barometer Capital Management Inc. raised its position in Grupo Televisa by 192.3% during the 3rd quarter. Barometer Capital Management Inc. now owns 320,400 shares of the company’s stock valued at $862,000 after purchasing an additional 210,800 shares in the last quarter. Finally, Mirabella Financial Services LLP bought a new stake in Grupo Televisa during the 3rd quarter valued at $467,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Grupo Televisa Stock Up 0.2%

Shares of TV opened at $2.71 on Friday. The firm has a 50 day simple moving average of $2.78 and a two-hundred day simple moving average of $2.95. 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 has a one year low of $2.03 and a one year high of $3.49. The company has a market cap of $1.44 billion, a P/E ratio of -3.35, a P/E/G ratio of 0.52 and a beta of 1.55.

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.