Grupo Televisa S.A. (NYSE:TV) Receives Average Rating of "Reduce" from Analysts

Key Points

• Analyst sentiment is cautious: Grupo Televisa has an average rating of “Reduce” from seven analysts, with two sell ratings, four holds, and one buy. The average 1-year price target is about $5.23.
• Several recent analyst actions were negative: Wall Street Zen downgraded the stock to hold, UBS lowered its price target to $3.10 with a neutral rating, and New Street Research cut it to strong sell.
• Insiders have been selling shares: Two directors each sold 44,500 shares in May, and insiders sold a total of 1,197,500 shares over the last three months.

Grupo Televisa S.A. (NYSE:TV - Get Free Report) has received an average recommendation of "Reduce" from the seven analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $5.2333.

A number of equities research analysts have issued reports on TV shares. Wall Street Zen lowered shares of Grupo Televisa from a "buy" rating to a "hold" rating in a research note on Saturday, July 4th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Grupo Televisa in a report on Monday, April 20th. UBS Group cut their price objective on Grupo Televisa from $3.20 to $3.10 and set a "neutral" rating for the company in a report on Monday. Finally, New Street Research cut Grupo Televisa from a "hold" rating to a "strong sell" rating in a research report on Wednesday, June 17th.

Grupo Televisa Stock Performance

Shares of TV opened at $2.71 on Friday. The company's 50 day moving average price is $2.79 and its 200 day moving average price is $2.96. Grupo Televisa has a 52 week low of $2.03 and a 52 week high of $3.49. The company has a market capitalization of $1.44 billion, a PE ratio of -3.34, a PEG ratio of 0.52 and a beta of 1.55. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39.

Insider Activity at Grupo Televisa

In other news, Director Margain Guadalupe Phillips sold 44,500 shares of Grupo Televisa stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the sale, the director directly owned 838,275 shares in the company, valued at $477,816.75. The trade was a 5.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the business's stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the sale, the director directly owned 838,275 shares of the company's stock, valued at approximately $477,816.75. The trade was a 5.04% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,197,500 shares of company stock worth $680,245.

Institutional Trading of Grupo Televisa

Several large investors have recently added to or reduced their stakes in the business. Evergreen Capital Management LLC acquired a new position in shares of Grupo Televisa during the 2nd quarter worth $29,000. SmartHarvest Portfolios LLC bought a new stake in Grupo Televisa in the first quarter worth $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Grupo Televisa in the fourth quarter worth $32,000. AXQ Capital LP acquired a new position in Grupo Televisa during the fourth quarter worth $35,000. Finally, Diversified Trust Co. bought a new position in Grupo Televisa during the fourth quarter valued at about $38,000. 55.77% of the stock is owned by institutional investors.

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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