Grupo Televisa S.A. (NYSE:TV) Short Interest Update

Key Points

• Short interest rose 20.5% to 888,447 shares as of March 13, with a days-to-cover of 0.5 based on average daily volume, implying relatively low short-cover risk.
• Grupo Televisa is trading at $2.91 with a $1.54B market cap, negative quarterly EPS (-$0.80) and margins, while analysts' consensus is a "Hold" with a $5.07 target, reflecting a mixed outlook.
• Institutional ownership is 55.77%, and major investors including JPMorgan, American Century and GAMCO have recently increased their stakes, indicating active institutional participation.

Grupo Televisa S.A. (NYSE:TV - Get Free Report) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 888,447 shares, an increase of 20.5% from the February 26th total of 737,235 shares. Based on an average daily volume of 1,677,647 shares, the days-to-cover ratio is presently 0.5 days.

Grupo Televisa Trading Up 1.9%

TV traded up $0.06 during trading on Tuesday, reaching $2.91. 623,857 shares of the company's stock were exchanged, compared to its average volume of 1,289,575. The company has a current ratio of 2.12, a quick ratio of 2.11 and a debt-to-equity ratio of 0.84. Grupo Televisa has a one year low of $1.55 and a one year high of $3.49. The firm has a fifty day moving average price of $3.10 and a two-hundred day moving average price of $2.89. The stock has a market capitalization of $1.54 billion, a PE ratio of -3.26, a price-to-earnings-growth ratio of 0.91 and a beta of 1.96.

Grupo Televisa (NYSE:TV - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. The business had revenue of $807.20 million for the quarter. As a group, equities research analysts forecast that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TV. Zacks Research raised shares of Grupo Televisa from a "strong sell" rating to a "hold" rating in a research note on Monday, January 26th. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Benchmark reissued a "buy" rating on shares of Grupo Televisa in a report on Friday, January 2nd. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $5.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. acquired a new stake in shares of Grupo Televisa in the first quarter valued at about $96,000. JPMorgan Chase & Co. boosted its holdings in Grupo Televisa by 52.0% in the second quarter. JPMorgan Chase & Co. now owns 21,059,394 shares of the company's stock valued at $46,120,000 after acquiring an additional 7,204,072 shares during the last quarter. American Century Companies Inc. boosted its holdings in Grupo Televisa by 42.7% in the second quarter. American Century Companies Inc. now owns 2,056,691 shares of the company's stock valued at $4,504,000 after acquiring an additional 615,200 shares during the last quarter. Gamco Investors INC. ET AL increased its position in Grupo Televisa by 3.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 18,551,819 shares of the company's stock valued at $40,628,000 after purchasing an additional 605,393 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in Grupo Televisa by 2.5% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 405,950 shares of the company's stock worth $889,000 after purchasing an additional 10,000 shares during the last quarter. 55.77% of the stock is owned by institutional investors and hedge funds.

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.

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