Grupo Televisa (NYSE:TV) Director Salmon Denise Maerker Sells 565,084 Shares

Key Points

• Director Salmon Denise Maerker sold 565,084 shares on March 27 at an average price of $0.58 for about $327,748.72, a transaction that reduced her stake by 50% and was disclosed in an SEC filing.
• Grupo Televisa shares traded down 0.2% to $3.08 with a market cap of $1.64 billion, and the company reported a quarterly loss of $0.80 EPS with negative net margin and return on equity.
• Analysts have an average consensus target of $5.43 and an overall "Hold" rating, while institutional investors (hedge funds, etc.) own about 55.77% of the stock.

Grupo Televisa S.A. (NYSE:TV - Get Free Report) Director Salmon Denise Maerker sold 565,084 shares of the stock in a transaction on Friday, March 27th. The shares were sold at an average price of $0.58, for a total value of $327,748.72. Following the completion of the sale, the director owned 565,084 shares of the company's stock, valued at $327,748.72. The trade was a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Grupo Televisa Stock Down 0.2%

Shares of TV traded down $0.01 during mid-day trading on Friday, reaching $3.08. The company's stock had a trading volume of 572,637 shares, compared to its average volume of 1,261,207. The business has a fifty day moving average of $3.02 and a 200 day moving average of $2.93. The company has a market cap of $1.64 billion, a price-to-earnings ratio of -3.46, a price-to-earnings-growth ratio of 0.99 and a beta of 1.87. Grupo Televisa S.A. has a 1 year low of $1.67 and a 1 year high of $3.49. The company has a quick ratio of 2.11, a current ratio of 2.12 and a debt-to-equity ratio of 0.84.

Grupo Televisa (NYSE:TV - Get Free Report) last released its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The business had revenue of $807.20 million during the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. As a group, analysts forecast that Grupo Televisa S.A. will post 0.09 earnings per share for the current fiscal year.

Institutional Trading of Grupo Televisa

Several hedge funds and other institutional investors have recently modified their holdings of TV. JPMorgan Chase & Co. raised its holdings in shares of Grupo Televisa by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company's stock worth $79,488,000 after acquiring an additional 4,888,475 shares in the last quarter. Gamco Investors INC. ET AL raised its holdings 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 buying an additional 1,975,268 shares in the last quarter. Marshall Wace LLP raised its holdings in Grupo Televisa by 732.1% during the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company's stock valued at $4,213,000 after buying an additional 1,273,818 shares in the last quarter. Man Group plc bought a new position in Grupo Televisa during the second quarter valued at about $2,291,000. Finally, Citadel Advisors LLC raised its holdings in Grupo Televisa by 921.3% during the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company's stock valued at $2,915,000 after buying an additional 977,541 shares in the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on TV shares. Benchmark reiterated a "buy" rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Grupo Televisa in a report on Monday. UBS Group increased their price objective on Grupo Televisa from $2.60 to $3.70 and gave the stock a "neutral" rating in a report on Wednesday. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Finally, Zacks Research upgraded Grupo Televisa from a "strong sell" rating to a "hold" rating in a report on Monday, January 26th. One equities 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. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $5.43.

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.

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