Analysts Set Grupo Televisa S.A. (NYSE:TV) Price Target at $5.27

Grupo Televisa S.A. (NYSE:TV) has been given an average rating of “Reduce” by the seven brokerages that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $5.2667.

Several equities analysts recently weighed in on the company. UBS Group lowered their target price on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Wall Street Zen downgraded Grupo Televisa from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 31st. New Street Research downgraded Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd.

Insider Transactions at Grupo Televisa

In other news, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $0.57, for a total value of $66,405.00. Following the completion of the transaction, the director owned 116,500 shares of the company’s stock, valued at $66,405. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Francisco Valim sold 225,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total value of $128,250.00. Following the completion of the transaction, the insider directly owned 225,000 shares of the company’s stock, valued at approximately $128,250. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,762,584 shares of company stock valued at $1,007,994.

Institutional Investors Weigh In On Grupo Televisa

Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position 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 worth $60,329,000 after buying an additional 1,367,578 shares in the last quarter. Gabelli Funds LLC raised its position in Grupo Televisa by 5.9% during the third quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock valued at $18,828,000 after purchasing an additional 388,500 shares during the period. Gamco Investors INC. ET AL raised its position in 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 purchasing an additional 1,975,268 shares during the period. Barometer Capital Management Inc. raised its position in Grupo Televisa by 192.3% during the third 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 during the period. Finally, Mirabella Financial Services LLP purchased a new stake in Grupo Televisa during the third quarter valued at approximately $467,000. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Televisa Stock Up 0.5%

Grupo Televisa stock opened at $3.01 on Monday. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of -3.71, a PEG ratio of 0.57 and a beta of 1.57. The stock has a fifty day simple moving average of $2.88 and a two-hundred day simple moving average of $2.97. Grupo Televisa has a 12 month low of $2.03 and a 12 month high of $3.49. 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 (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%.The firm had revenue of $807.20 million during the quarter. Equities analysts predict that Grupo Televisa will post 0.15 EPS for the current fiscal year.

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.