Barclays PLC Grows Stake in Entravision Communications Co. (NYSE:EVC)

Barclays PLC grew its stake in Entravision Communications Co. (NYSE:EVC) by 4.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 176,171 shares of the company’s stock after purchasing an additional 7,103 shares during the period. Barclays PLC owned approximately 0.20% of Entravision Communications worth $414,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Boston Partners bought a new stake in Entravision Communications in the fourth quarter worth $2,358,000. Empowered Funds LLC raised its stake in shares of Entravision Communications by 5.1% in the fourth quarter. Empowered Funds LLC now owns 438,144 shares of the company’s stock valued at $1,030,000 after acquiring an additional 21,422 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Entravision Communications by 62.4% in the 4th quarter. SG Americas Securities LLC now owns 34,842 shares of the company’s stock worth $82,000 after acquiring an additional 13,391 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Entravision Communications by 40.0% during the 3rd quarter. Jane Street Group LLC now owns 152,119 shares of the company’s stock worth $315,000 after purchasing an additional 43,499 shares during the period. Finally, Virtu Financial LLC bought a new position in Entravision Communications during the 4th quarter valued at about $81,000. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Entravision Communications Price Performance

Shares of NYSE EVC opened at $1.90 on Friday. Entravision Communications Co. has a 1 year low of $1.58 and a 1 year high of $2.73. The firm has a 50-day simple moving average of $1.95 and a two-hundred day simple moving average of $2.21. The company has a market cap of $172.85 million, a P/E ratio of -1.53 and a beta of 1.47. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70.

Entravision Communications (NYSE:EVC) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter. Entravision Communications had a negative return on equity of 12.03% and a negative net margin of 14.25%.

Entravision Communications Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 10.53%. The ex-dividend date of this dividend is Monday, June 16th. Entravision Communications’s dividend payout ratio is presently -12.12%.

Entravision Communications Company 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.