Viadero Salvi Rafael Folch Sells 200,003 Shares of Grupo Televisa (NYSE:TV) Stock

Grupo Televisa S.A. (NYSE:TVGet Free Report) Director Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the sale, the director directly owned 32,997 shares in the company, valued at $18,478.32. This represents a 85.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Viadero Salvi Rafael Folch also recently made the following trade(s):

  • On Tuesday, May 26th, Viadero Salvi Rafael Folch sold 32,997 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total transaction of $18,478.32.
  • On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The stock was sold at an average price of $0.57, for a total value of $25,365.00.

Grupo Televisa Stock Down 1.6%

TV stock opened at $2.78 on Friday. The stock has a market capitalization of $1.48 billion, a P/E ratio of -3.43, a PEG ratio of 0.95 and a beta of 1.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. Grupo Televisa S.A. has a one year low of $1.86 and a one year high of $3.49. The company has a 50 day moving average price of $2.92 and a two-hundred day moving average price of $2.98.

Grupo Televisa (NYSE:TVGet Free Report) last released its earnings results 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. As a group, sell-side analysts expect that Grupo Televisa S.A. will post 0.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. UBS Group cut their target price on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. 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. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. One 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.27.

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Institutional Trading of Grupo Televisa

A number of hedge funds and other institutional investors have recently modified their holdings of TV. JPMorgan Chase & Co. increased its stake in Grupo Televisa by 6.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,426,972 shares of the company’s stock valued at $60,329,000 after buying an additional 1,367,578 shares during the last quarter. Gabelli Funds LLC grew its stake in Grupo Televisa by 5.9% in the 3rd quarter. Gabelli Funds LLC now owns 6,999,100 shares of the company’s stock valued at $18,828,000 after buying an additional 388,500 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in Grupo Televisa by 10.4% in the 4th 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. boosted its holdings in Grupo Televisa by 192.3% in 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 during the period. Finally, Mirabella Financial Services LLP bought a new stake in shares of Grupo Televisa during the 3rd quarter worth approximately $467,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa Company Profile

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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.

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