Royce & Associates LP reduced its stake in Entravision Communications Co. (NYSE:EVC - Free Report) by 88.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,148 shares of the company's stock after selling 214,723 shares during the quarter. Royce & Associates LP's holdings in Entravision Communications were worth $56,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in EVC. SG Americas Securities LLC raised its position in shares of Entravision Communications by 51.2% in the 1st quarter. SG Americas Securities LLC now owns 24,437 shares of the company's stock worth $40,000 after acquiring an additional 8,280 shares in the last quarter. Rhumbline Advisers increased its holdings in Entravision Communications by 15.5% in the second quarter. Rhumbline Advisers now owns 96,011 shares of the company's stock worth $195,000 after purchasing an additional 12,880 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Entravision Communications by 122.9% in the second quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company's stock valued at $59,000 after buying an additional 16,072 shares during the period. Founders Financial Securities LLC acquired a new position in shares of Entravision Communications during the second quarter valued at about $33,000. Finally, Fidelis Capital Partners LLC bought a new stake in Entravision Communications in the 2nd quarter valued at about $46,000. 69.46% of the stock is currently owned by institutional investors.
Entravision Communications Stock Up 1.3 %
Shares of NYSE:EVC opened at $2.39 on Thursday. The firm has a market cap of $215.07 million, a P/E ratio of -1.93 and a beta of 0.97. Entravision Communications Co. has a 52-week low of $1.33 and a 52-week high of $4.41. The business's 50 day simple moving average is $2.20 and its two-hundred day simple moving average is $2.09. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.70 and a current ratio of 2.70.
Entravision Communications Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 8.37%. The ex-dividend date of this dividend is Monday, December 16th. Entravision Communications's payout ratio is currently -16.13%.
Entravision Communications 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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