American Century Companies Inc. Sells 874,538 Shares of Entravision Communications Co. (NYSE:EVC)

American Century Companies Inc. lessened its holdings in Entravision Communications Co. (NYSE:EVC - Free Report) by 8.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,534,961 shares of the company's stock after selling 874,538 shares during the quarter. American Century Companies Inc. owned approximately 10.60% of Entravision Communications worth $22,407,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of EVC. Intech Investment Management LLC purchased a new position in Entravision Communications in the 4th quarter worth about $71,000. FMR LLC increased its position in shares of Entravision Communications by 104.1% during the third quarter. FMR LLC now owns 35,495 shares of the company's stock worth $73,000 after acquiring an additional 18,106 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in shares of Entravision Communications during the third quarter valued at approximately $80,000. Virtu Financial LLC purchased a new stake in shares of Entravision Communications in the fourth quarter valued at approximately $81,000. Finally, SG Americas Securities LLC grew its stake in Entravision Communications by 62.4% in the fourth quarter. SG Americas Securities LLC now owns 34,842 shares of the company's stock worth $82,000 after purchasing an additional 13,391 shares in the last quarter. Hedge funds and other institutional investors own 69.46% of the company's stock.

Entravision Communications Trading Down 2.6 %

EVC traded down $0.06 during trading on Thursday, hitting $2.09. 314,131 shares of the stock were exchanged, compared to its average volume of 415,019. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.70 and a current ratio of 2.70. The firm has a 50 day simple moving average of $2.13 and a 200 day simple moving average of $2.25. The firm has a market cap of $189.68 million, a price-to-earnings ratio of -1.68 and a beta of 0.93. Entravision Communications Co. has a 1 year low of $1.58 and a 1 year high of $2.73.

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Entravision Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.20 annualized dividend and a dividend yield of 9.59%. Entravision Communications's payout ratio is currently -12.12%.

Entravision Communications Profile

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.