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

Key Points

• Short interest plunged 77.7% to 861,801 shares as of April 15, leaving only about 0.2% of shares short and a days-to-cover of roughly 0.8 days.
• Director Salmon Denise Maerker sold 565,084 shares on March 27 at $0.58, a transaction that reduced her ownership by 50% (≈$327,749 value).
• Several large institutions (including JPMorgan, Gamco, Gabelli, Marshall Wace and UBS) materially increased stakes in Q4, taking institutional ownership to 55.77%, while analysts hold a consensus rating of "Hold" with a $5.43 target.

Grupo Televisa S.A. (NYSE:TV - Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 861,801 shares, a drop of 77.7% from the March 31st total of 3,867,010 shares. Approximately 0.2% of the company's shares are short sold. Based on an average daily volume of 1,126,187 shares, the days-to-cover ratio is presently 0.8 days.

Insider Buying and Selling at Grupo Televisa

In other news, Director Salmon Denise Maerker sold 565,084 shares of Grupo Televisa stock in a transaction on Friday, March 27th. The shares were sold at an average price of $0.58, for a total transaction of $327,748.72. Following the transaction, the director directly owned 565,084 shares of the company's stock, valued at $327,748.72. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company's stock valued at $79,488,000 after purchasing an additional 4,888,475 shares in the last quarter. Gamco Investors INC. ET AL grew its position in Grupo Televisa by 10.4% in 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 purchasing an additional 1,975,268 shares in the last quarter. Gabelli Funds LLC grew its position in Grupo Televisa by 9.8% in the fourth quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company's stock valued at $22,368,000 after purchasing an additional 687,500 shares in the last quarter. Marshall Wace LLP grew its position in Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company's stock valued at $4,213,000 after purchasing an additional 1,273,818 shares in the last quarter. Finally, UBS Group AG grew its position in Grupo Televisa by 216.4% in the fourth quarter. UBS Group AG now owns 1,161,678 shares of the company's stock valued at $3,380,000 after purchasing an additional 794,514 shares in the last quarter. Institutional investors own 55.77% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on TV shares. Zacks Research raised shares of Grupo Televisa from a "strong sell" rating to a "hold" rating in a research report on Monday, January 26th. Weiss Ratings reissued a "sell (d-)" rating on shares of Grupo Televisa in a research report on Monday. UBS Group lifted their price target on shares of Grupo Televisa from $2.60 to $3.70 and gave the stock a "neutral" rating in a research report on Wednesday. JPMorgan Chase & Co. restated a "neutral" rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Finally, Benchmark restated a "buy" rating on shares of Grupo Televisa in a report on Friday, January 2nd. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $5.43.

Grupo Televisa Stock Down 0.2%

Shares of NYSE:TV traded down $0.01 during midday trading on Friday, reaching $3.08. 572,637 shares of the company were exchanged, compared to its average volume of 1,082,776. Grupo Televisa has a fifty-two week low of $1.67 and a fifty-two week 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. The stock has a fifty day simple moving average of $3.02 and a two-hundred day simple moving average of $2.93. The firm has a market cap of $1.64 billion, a PE ratio of -3.46, a P/E/G ratio of 0.98 and a beta of 1.87.

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

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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