Entravision Communications Co. (NYSE:EVC) Stock Holdings Lowered by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its holdings in Entravision Communications Co. (NYSE:EVC - Free Report) by 15.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,511,405 shares of the company's stock after selling 634,076 shares during the period. Dimensional Fund Advisors LP owned approximately 3.92% of Entravision Communications worth $7,128,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Entravision Communications by 9.0% in the first quarter. Vanguard Group Inc. now owns 3,226,137 shares of the company's stock valued at $5,291,000 after acquiring an additional 266,642 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Entravision Communications by 3.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 704,510 shares of the company's stock worth $1,430,000 after buying an additional 25,681 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in Entravision Communications by 68.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 436,000 shares of the company's stock worth $715,000 after buying an additional 176,500 shares in the last quarter. Empowered Funds LLC boosted its position in Entravision Communications by 8.2% in the 1st quarter. Empowered Funds LLC now owns 367,110 shares of the company's stock valued at $602,000 after buying an additional 27,792 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Entravision Communications by 15.5% during the second quarter. Rhumbline Advisers now owns 96,011 shares of the company's stock valued at $195,000 after acquiring an additional 12,880 shares in the last quarter. Hedge funds and other institutional investors own 69.46% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised Entravision Communications from a "sell" rating to a "hold" rating in a research report on Saturday, July 20th.

Entravision Communications Stock Up 3.9 %

NYSE EVC traded up $0.08 during trading hours on Wednesday, reaching $2.12. 90,602 shares of the company traded hands, compared to its average volume of 620,041. The stock has a market capitalization of $189.78 million, a PE ratio of -2.83 and a beta of 0.98. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 0.85. Entravision Communications Co. has a 12 month low of $1.33 and a 12 month high of $4.41. The company has a 50 day moving average of $1.97 and a two-hundred day moving average of $2.02.

Entravision Communications (NYSE:EVC - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.04 EPS for the quarter. The business had revenue of $82.65 million for the quarter. Entravision Communications had a negative net margin of 10.06% and a negative return on equity of 5.24%.

Entravision Communications Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 9.43%. Entravision Communications's dividend payout ratio (DPR) is -26.67%.

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.