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

by · The Cerbat Gem

Grupo Televisa S.A. (NYSE:TV – Get Free Report) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $5.0667.

TV has been the subject of several research reports. Benchmark raised their target price on Grupo Televisa from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, October 8th. Finally, UBS Group reissued a “buy” rating on shares of Grupo Televisa in a research note on Monday, October 27th.

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Hedge Funds Weigh In On Grupo Televisa

A number of hedge funds have recently modified their holdings of TV. JPMorgan Chase & Co. lifted its position in Grupo Televisa by 6.5% during the 3rd 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. Gamco Investors INC. ET AL lifted its position in shares of Grupo Televisa by 2.0% during the third quarter. Gamco Investors INC. ET AL now owns 18,921,985 shares of the company’s stock worth $50,900,000 after purchasing an additional 370,166 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Grupo Televisa by 32.9% during the second quarter. Acadian Asset Management LLC now owns 10,222,182 shares of the company’s stock worth $22,376,000 after purchasing an additional 2,533,311 shares in the last quarter. Gabelli Funds LLC grew its stake in shares of Grupo Televisa by 4.3% during the first quarter. Gabelli Funds LLC now owns 7,090,600 shares of the company’s stock valued at $12,409,000 after purchasing an additional 294,300 shares during the last quarter. Finally, GFS Advisors LLC acquired a new stake in shares of Grupo Televisa in the second quarter valued at approximately $4,692,000. 55.77% of the stock is owned by institutional investors and hedge funds.

Grupo Televisa Stock Down 0.2%

NYSE TV opened at $2.96 on Monday. Grupo Televisa has a twelve month low of $1.55 and a twelve month high of $3.36. The stock has a market cap of $1.64 billion, a PE ratio of -2.93 and a beta of 1.96. The firm has a 50-day simple moving average of $2.79 and a 200 day simple moving average of $2.58. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.31.

Grupo Televisa (NYSE:TV – Get Free Report) last posted its quarterly earnings results on Friday, October 24th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.22). Grupo Televisa had a negative net margin of 18.27% and a negative return on equity of 9.49%. The firm had revenue of $798.55 million during the quarter, compared to analyst estimates of $14.66 billion. On average, research analysts forecast that Grupo Televisa will post -0.07 EPS for the current year.

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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