Boston Partners purchased a new position in shares of Entravision Communications Co. (NYSE:EVC - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,003,451 shares of the company's stock, valued at approximately $2,358,000. Boston Partners owned approximately 1.12% of Entravision Communications at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC increased its position in Entravision Communications by 62.4% during the fourth quarter. SG Americas Securities LLC now owns 34,842 shares of the company's stock worth $82,000 after buying an additional 13,391 shares during the last quarter. FMR LLC increased its holdings in shares of Entravision Communications by 104.1% during the 3rd quarter. FMR LLC now owns 35,495 shares of the company's stock valued at $73,000 after acquiring an additional 18,106 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Entravision Communications by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 416,722 shares of the company's stock valued at $863,000 after acquiring an additional 21,172 shares in the last quarter. Intech Investment Management LLC acquired a new stake in Entravision Communications in the 4th quarter worth approximately $71,000. Finally, Jacobs Levy Equity Management Inc. acquired a new position in Entravision Communications during the third quarter valued at approximately $80,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.
Entravision Communications Stock Performance
Shares of Entravision Communications stock traded up $0.13 on Wednesday, reaching $2.23. The stock had a trading volume of 385,773 shares, compared to its average volume of 369,412. 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 business's 50-day moving average price is $2.16 and its two-hundred day moving average price is $2.24. The stock has a market cap of $202.42 million, a P/E ratio of -1.79 and a beta of 0.93. Entravision Communications Co. has a fifty-two week low of $1.58 and a fifty-two week high of $2.73.
Entravision Communications Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.99%. Entravision Communications's payout ratio is presently -12.12%.
Entravision Communications Company Profile
(
Free Report)
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.
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