Grupo Televisa S.A. (NYSE:TV) Given Consensus Rating of “Reduce” by Brokerages

Shares of Grupo Televisa S.A. (NYSE:TV – Get Free Report) have received an average rating of “Reduce” from the six analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $6.55.

Several research firms have recently issued reports on TV. Wall Street Zen downgraded shares of Grupo Televisa from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. New Street Research cut shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Friday, July 17th. Finally, UBS Group lowered their price target on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating on the stock in a research note on Monday, July 6th.

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Hedge Funds Weigh In On Grupo Televisa

Hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC raised its stake in shares of Grupo Televisa by 32.1% in the fourth quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock valued at $41,000 after acquiring an additional 3,426 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Grupo Televisa by 2.8% in the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after acquiring an additional 6,518 shares in the last quarter. Squarepoint Ops LLC grew its position in Grupo Televisa by 22.8% during the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock worth $113,000 after acquiring an additional 7,176 shares during the last quarter. R Squared Ltd grew its position in Grupo Televisa by 16.8% during the 4th quarter. R Squared Ltd now owns 54,574 shares of the company’s stock worth $159,000 after acquiring an additional 7,862 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Grupo Televisa by 135.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock valued at $45,000 after purchasing an additional 8,926 shares in the last quarter. 55.77% of the stock is owned by institutional investors and hedge funds.

Grupo Televisa Stock Performance

Shares of NYSE TV opened at $2.76 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.38 and a current ratio of 2.40. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -3.03, a P/E/G ratio of 0.85 and a beta of 1.55. The business’s 50-day simple moving average is $2.77 and its 200-day simple moving average is $2.89. Grupo Televisa has a 52 week low of $2.34 and a 52 week high of $3.49.

Grupo Televisa (NYSE:TV – Get Free Report) last posted its earnings results on Friday, July 24th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). The firm had revenue of $816.64 million during the quarter, compared to analyst estimates of $818.16 million. Grupo Televisa had a negative net margin of 15.28% and a negative return on equity of 8.33%. As a group, equities research analysts expect that Grupo Televisa will post 0.1 earnings per share for the current fiscal year.

About Grupo Televisa

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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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