Televisa Target of Unusually Large Options Trading (TV)

Televisa (NYSE:TV) saw some unusual options trading activity on Tuesday. Investors purchased 2,330 put options on the stock. This is an increase of 1,706% compared to the typical volume of 129 put options.

Several analysts have recently issued reports on TV shares. Scotiabank raised shares of Televisa from an “underperform” rating to a “hold” rating in a research note on Thursday, March 22nd. UBS lowered shares of Televisa from an “outperform” rating to a “market perform” rating in a report on Monday, April 9th. Goldman Sachs initiated coverage on shares of Televisa in a report on Tuesday, April 3rd. They set a “neutral” rating on the stock. Finally, ValuEngine lowered shares of Televisa from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $26.00.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Macquarie Group Ltd. grew its position in Televisa by 80.3% in the 4th quarter. Macquarie Group Ltd. now owns 5,411,377 shares of the company’s stock worth $101,028,000 after purchasing an additional 2,409,863 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Televisa in the fourth quarter valued at approximately $2,828,000. Verition Fund Management LLC bought a new position in shares of Televisa in the fourth quarter valued at approximately $955,000. Zimmer Partners LP boosted its holdings in shares of Televisa by 53.0% in the fourth quarter. Zimmer Partners LP now owns 5,698,563 shares of the company’s stock valued at $106,392,000 after acquiring an additional 1,973,563 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Televisa by 3,344.7% in the fourth quarter. Millennium Management LLC now owns 1,694,261 shares of the company’s stock valued at $31,632,000 after acquiring an additional 1,645,076 shares in the last quarter. Hedge funds and other institutional investors own 55.74% of the company’s stock.

Shares of Televisa stock opened at $17.45 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.69 and a debt-to-equity ratio of 1.30. Televisa has a 1 year low of $14.20 and a 1 year high of $27.37. The stock has a market capitalization of $10,082.31, a PE ratio of 42.88, a P/E/G ratio of 1.68 and a beta of 1.41.

Televisa (NYSE:TV) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.08). Televisa had a net margin of 4.79% and a return on equity of 4.54%. The business had revenue of $1.38 billion for the quarter. sell-side analysts forecast that Televisa will post 0.44 earnings per share for the current year.

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Televisa Company Profile

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment is involved in the production of television programming and broadcasting of Channels 2, 4, 5, and 9; the sale of advertising time on programs; and the production of television programming and broadcasting for local television stations in Mexico and the United States, as well as Internet business.

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