Grupo Televisa (NYSE:TV) Director Dahlhaus Jean Michel Enriquez Sells 116,500 Shares

Grupo Televisa S.A. (NYSE:TV) Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of Grupo Televisa stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $0.57, for a total transaction of $66,405.00. Following the completion of the transaction, the director directly owned 116,500 shares of the company’s stock, valued at $66,405. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dahlhaus Jean Michel Enriquez also recently made the following trade(s):

• On Monday, May 4th, Dahlhaus Jean Michel Enriquez sold 44,500 shares of Grupo Televisa stock. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00.

Grupo Televisa Stock Down 1.6%

TV opened at $2.78 on Friday. 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 firm has a 50 day moving average price of $2.92 and a 200-day moving average price of $2.98. Grupo Televisa S.A. has a twelve month low of $1.86 and a twelve month high of $3.49. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of -3.43, a PEG ratio of 0.95 and a beta of 1.61.

Grupo Televisa (NYSE:TV) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The company had revenue of $807.20 million for the quarter. Equities research analysts forecast that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on TV shares. UBS Group cut their target price on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research report on Monday, May 11th. Wall Street Zen upgraded shares of Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $5.27.

Hedge Funds Weigh In On Grupo Televisa

A number of hedge funds have recently modified their holdings of the company. 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 worth $79,488,000 after purchasing an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL boosted its position 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 purchasing an additional 1,975,268 shares during the period. Gabelli Funds LLC boosted its position in shares of Grupo Televisa by 1.7% in the first quarter. Gabelli Funds LLC now owns 7,819,600 shares of the company’s stock worth $22,755,000 after purchasing an additional 133,000 shares during the period. Marshall Wace LLP boosted its position in shares of Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after purchasing an additional 1,273,818 shares during the period. Finally, UBS Group AG boosted its position in shares of Grupo Televisa by 216.4% in the fourth 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. 55.77% of the stock is currently owned by institutional investors.

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.