Grupo Televisa’s (TV) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d-) rating on shares of Grupo Televisa (NYSE:TV) in a research report sent to investors on Friday,Weiss Ratings reports.

Several other analysts have also commented on the stock. JPMorgan Chase & Co. upgraded shares of Grupo Televisa from a “neutral” rating to an “overweight” rating in a research report on Wednesday, August 27th. Zacks Research lowered shares of Grupo Televisa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Benchmark raised their price target on shares of Grupo Televisa from $7.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. The Goldman Sachs Group lowered shares of Grupo Televisa from a “buy” rating to a “neutral” rating and set a $2.60 price target on the stock. in a research report on Friday, August 8th. Finally, UBS Group raised their price target on shares of Grupo Televisa from $2.40 to $2.50 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $4.70.

Grupo Televisa Trading Down 0.6%

Shares of Grupo Televisa stock opened at $2.40 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.35 and a quick ratio of 2.33. The firm has a fifty day moving average price of $2.62 and a 200 day moving average price of $2.29. Grupo Televisa has a 1 year low of $1.55 and a 1 year high of $2.97. The stock has a market cap of $1.33 billion, a PE ratio of -2.37, a price-to-earnings-growth ratio of 0.79 and a beta of 1.99.

Grupo Televisa (NYSE:TV) last issued its earnings results on Friday, October 24th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.22). Grupo Televisa had a negative return on equity of 9.56% and a negative net margin of 18.27%.The business had revenue of $792.87 million for the quarter, compared to analysts’ expectations of $14.66 billion. Equities research analysts predict that Grupo Televisa will post -0.07 earnings per share for the current year.

Institutional Trading of Grupo Televisa

Several institutional investors have recently modified their holdings of TV. Signaturefd LLC grew its position in shares of Grupo Televisa by 72.7% in the first quarter. Signaturefd LLC now owns 16,085 shares of the company’s stock valued at $28,000 after purchasing an additional 6,770 shares during the period. Pinnacle Associates Ltd. grew its position in shares of Grupo Televisa by 38.6% in the first quarter. Pinnacle Associates Ltd. now owns 102,275 shares of the company’s stock valued at $179,000 after purchasing an additional 28,500 shares during the period. XTX Topco Ltd grew its position in shares of Grupo Televisa by 264.9% in the first quarter. XTX Topco Ltd now owns 43,728 shares of the company’s stock valued at $77,000 after purchasing an additional 31,746 shares during the period. Banco Santander S.A. grew its position in shares of Grupo Televisa by 23.1% in the first quarter. Banco Santander S.A. now owns 390,892 shares of the company’s stock valued at $684,000 after purchasing an additional 73,272 shares during the period. Finally, R Squared Ltd grew its position in shares of Grupo Televisa by 405.9% in the first quarter. R Squared Ltd now owns 21,400 shares of the company’s stock valued at $37,000 after purchasing an additional 17,170 shares during the period. Institutional investors and hedge funds own 55.77% of the company’s stock.

About Grupo Televisa

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.