Shares of Grupo Televisa S.A. (NYSE:TV - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.96 and traded as high as $2.41. Grupo Televisa shares last traded at $2.38, with a volume of 4,057,274 shares trading hands.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. Benchmark lifted their price objective on Grupo Televisa from $7.00 to $9.00 and gave the company a "buy" rating in a research report on Wednesday. UBS Group lowered their price objective on Grupo Televisa from $2.50 to $2.40 and set a "neutral" rating on the stock in a research report on Monday, June 16th. The Goldman Sachs Group lifted their price objective on Grupo Televisa from $1.80 to $2.20 and gave the company a "buy" rating in a research report on Wednesday, May 21st. Finally, Wall Street Zen cut Grupo Televisa from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $4.53.
Get Our Latest Analysis on Grupo Televisa
Grupo Televisa Trading Down 1.9%
The stock has a fifty day moving average of $2.17 and a 200 day moving average of $1.97. The company has a debt-to-equity ratio of 0.79, a quick ratio of 2.31 and a current ratio of 2.35. The company has a market capitalization of $1.31 billion, a PE ratio of -3.15, a PEG ratio of 1.49 and a beta of 1.94.
Grupo Televisa (NYSE:TV - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.06. Grupo Televisa had a negative return on equity of 6.95% and a negative net margin of 13.56%. The company had revenue of $787.59 million for the quarter, compared to analysts' expectations of $14.96 billion. As a group, sell-side analysts predict that Grupo Televisa S.A. will post -0.07 earnings per share for the current fiscal year.
Grupo Televisa Cuts Dividend
The company also recently disclosed an annual dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 30th were paid a $0.0908 dividend. This represents a yield of 3.9%. The ex-dividend date of this dividend was Friday, May 30th. Grupo Televisa's payout ratio is -10.00%.
Institutional Trading of Grupo Televisa
A number of large investors have recently added to or reduced their stakes in TV. Signaturefd LLC increased its stake in Grupo Televisa by 72.7% in the 1st quarter. Signaturefd LLC now owns 16,085 shares of the company's stock worth $28,000 after acquiring an additional 6,770 shares during the last quarter. R Squared Ltd increased its stake in Grupo Televisa by 405.9% in the 1st quarter. R Squared Ltd now owns 21,400 shares of the company's stock worth $37,000 after acquiring an additional 17,170 shares during the last quarter. PEAK6 LLC bought a new stake in Grupo Televisa in the 4th quarter worth approximately $41,000. Russell Investments Group Ltd. bought a new position in shares of Grupo Televisa during the 4th quarter valued at approximately $47,000. Finally, Vident Advisory LLC increased its position in shares of Grupo Televisa by 114.8% during the 1st quarter. Vident Advisory LLC now owns 28,762 shares of the company's stock valued at $50,000 after purchasing an additional 15,374 shares during the last quarter. Institutional investors own 55.77% of the company's stock.
Grupo Televisa Company Profile
(
Get Free Report)
Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.
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