Grupo Televisa (NYSE:TV) Sees Unusually-High Trading Volume – Should You Buy?
by Scott Moore · The Cerbat GemGrupo Televisa S.A. (NYSE:TV – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,553,227 shares changed hands during mid-day trading, an increase of 182% from the previous session’s volume of 1,259,572 shares.The stock last traded at $2.8150 and had previously closed at $2.92.
Analyst Ratings Changes
Several equities research analysts have recently commented on TV shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. UBS Group raised their target price on shares of Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. Finally, Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a research note on Friday, January 2nd. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.43.
Read Our Latest Report on Grupo Televisa
Grupo Televisa Stock Performance
The firm has a market capitalization of $1.52 billion, a P/E ratio of -3.52, a price-to-earnings-growth ratio of 0.91 and a beta of 1.87. The company has a current ratio of 2.12, a quick ratio of 2.11 and a debt-to-equity ratio of 0.84. The business’s 50 day simple moving average is $2.98 and its two-hundred day simple moving average is $2.94.
Grupo Televisa (NYSE:TV – Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The firm had revenue of $807.20 million for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.72%. Sell-side analysts anticipate that Grupo Televisa S.A. will post 0.09 EPS for the current fiscal year.
Insiders Place Their Bets
In other Grupo Televisa news, Director Salmon Denise Maerker sold 565,084 shares of the firm’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $0.58, for a total transaction of $327,748.72. Following the completion of the sale, the director directly owned 565,084 shares in the company, valued at approximately $327,748.72. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Institutional Trading of Grupo Televisa
A number of institutional investors and hedge funds have recently bought and sold shares of the company. TD Private Client Wealth LLC increased its stake in Grupo Televisa by 32.1% during the 4th quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock valued at $41,000 after purchasing an additional 3,426 shares in the last quarter. Corient Private Wealth LLC increased its stake in Grupo Televisa by 2.8% during the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock valued at $519,000 after purchasing an additional 6,518 shares in the last quarter. Squarepoint Ops LLC increased its stake in Grupo Televisa by 22.8% during the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock valued at $113,000 after purchasing an additional 7,176 shares in the last quarter. R Squared Ltd increased its stake in Grupo Televisa by 16.8% during the 4th quarter. R Squared Ltd now owns 54,574 shares of the company’s stock valued at $159,000 after purchasing an additional 7,862 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Grupo Televisa by 135.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock worth $45,000 after acquiring an additional 8,926 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.