Entravision Communications Co. (NYSE:EVC) Shares Bought by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC raised its stake in Entravision Communications Co. (NYSE:EVCGet Rating) by 43.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,634 shares of the company’s stock after purchasing an additional 3,240 shares during the quarter. Samalin Investment Counsel LLC’s holdings in Entravision Communications were worth $68,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. American Century Companies Inc. boosted its holdings in shares of Entravision Communications by 9.4% in the 1st quarter. American Century Companies Inc. now owns 9,972,624 shares of the company’s stock valued at $63,925,000 after purchasing an additional 858,481 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Entravision Communications by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,101,353 shares of the company’s stock valued at $27,807,000 after purchasing an additional 23,693 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Entravision Communications by 1.6% during the 4th quarter. Renaissance Technologies LLC now owns 3,041,795 shares of the company’s stock valued at $20,623,000 after acquiring an additional 49,300 shares in the last quarter. Royce & Associates LP lifted its holdings in shares of Entravision Communications by 8.7% during the 1st quarter. Royce & Associates LP now owns 2,076,193 shares of the company’s stock valued at $13,308,000 after acquiring an additional 165,849 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Entravision Communications by 21.6% during the 1st quarter. Sei Investments Co. now owns 962,296 shares of the company’s stock valued at $6,158,000 after acquiring an additional 170,935 shares in the last quarter. Institutional investors and hedge funds own 57.52% of the company’s stock.

Entravision Communications Stock Performance

Shares of EVC stock opened at $5.05 on Monday. Entravision Communications Co. has a 12 month low of $4.21 and a 12 month high of $9.34. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market capitalization of $428.89 million, a P/E ratio of 16.83 and a beta of 0.91. The company’s fifty day moving average price is $5.11 and its two-hundred day moving average price is $5.34.

Entravision Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be issued a $0.025 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $0.10 dividend on an annualized basis and a yield of 1.98%. Entravision Communications’s dividend payout ratio is currently 33.33%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EVC. StockNews.com lowered shares of Entravision Communications from a “buy” rating to a “hold” rating in a report on Wednesday, September 7th. TheStreet upgraded shares of Entravision Communications from a “c” rating to a “b-” rating in a report on Thursday, August 4th.

Entravision Communications Company Profile

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

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Institutional Ownership by Quarter for Entravision Communications (NYSE:EVC)

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