Barometer Capital Management Inc. Acquires 443,400 Shares of Grupo Televisa S.A. $TV

Barometer Capital Management Inc. lifted its holdings in Grupo Televisa S.A. (NYSE:TVFree Report) by 5,216.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 451,900 shares of the company’s stock after buying an additional 443,400 shares during the quarter. Barometer Capital Management Inc.’s holdings in Grupo Televisa were worth $1,315,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. TD Private Client Wealth LLC increased its stake in Grupo Televisa by 32.1% during the 4th quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock worth $41,000 after purchasing an additional 3,426 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Grupo Televisa by 2.8% in the second quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock valued at $519,000 after buying an additional 6,518 shares during the period. Squarepoint Ops LLC boosted its holdings in shares of Grupo Televisa by 22.8% in the fourth quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock valued at $113,000 after buying an additional 7,176 shares during the period. R Squared Ltd increased its position in shares of Grupo Televisa by 16.8% during the fourth quarter. R Squared Ltd now owns 54,574 shares of the company’s stock worth $159,000 after acquiring an additional 7,862 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Grupo Televisa by 135.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock worth $45,000 after acquiring an additional 8,926 shares in the last quarter. 55.77% of the stock is owned by institutional investors.

Insider Transactions at Grupo Televisa

In other Grupo Televisa news, Director Margain Guadalupe Phillips sold 44,500 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the sale, the director directly owned 838,275 shares of the company’s stock, valued at $477,816.75. The trade was a 5.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of the business’s 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 sale, the director directly owned 838,275 shares in the company, valued at $477,816.75. This trade represents a 5.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,197,500 shares of company stock worth $680,245.

Grupo Televisa Stock Performance

Shares of TV stock opened at $2.77 on Wednesday. The company’s fifty day simple moving average is $2.77 and its 200-day simple moving average is $2.95. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1.48 billion, a PE ratio of -3.43, a P/E/G ratio of 0.53 and a beta of 1.55. Grupo Televisa S.A. has a 12 month low of $2.15 and a 12 month high of $3.49.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TV. Wall Street Zen raised shares of Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. UBS Group dropped their price target on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating on the stock in a research note on Monday, July 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Friday. Finally, New Street Research cut Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $5.23.

Read Our Latest Stock Report on TV

About Grupo Televisa

(Free Report)

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 MĂ©xico and Izzi Telecom.

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Want to see what other hedge funds are holding TV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grupo Televisa S.A. (NYSE:TVFree Report).

Institutional Ownership by Quarter for Grupo Televisa (NYSE:TV)

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