Price T Rowe Associates Inc. MD Boosts Stock Position in Entravision Communications Co. (NYSE:EVC)

Price T Rowe Associates Inc. MD boosted its position in Entravision Communications Co. (NYSE:EVC) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,128 shares of the company’s stock after purchasing an additional 5,931 shares during the period. Price T Rowe Associates Inc. MD owned about 0.07% of Entravision Communications worth $139,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Renaissance Technologies LLC lifted its stake in Entravision Communications by 1.0% in the fourth quarter. Renaissance Technologies LLC now owns 2,423,173 shares of the company’s stock valued at $5,694,000 after purchasing an additional 24,430 shares during the last quarter. Boston Partners purchased a new position in Entravision Communications in the fourth quarter valued at approximately $2,358,000. Empowered Funds LLC lifted its stake in 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 purchasing an additional 21,422 shares during the last quarter. Barclays PLC lifted its stake in Entravision Communications by 4.2% in the fourth quarter. Barclays PLC now owns 176,171 shares of the company’s stock valued at $414,000 after purchasing an additional 7,103 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Entravision Communications by 57.5% in the fourth quarter. JPMorgan Chase & Co. now owns 44,897 shares of the company’s stock valued at $106,000 after purchasing an additional 16,391 shares during the last quarter. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Entravision Communications Price Performance

Entravision Communications stock opened at $1.97 on Friday. Entravision Communications Co. has a 12 month low of $1.58 and a 12 month high of $2.73. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.90. The business’s 50 day simple moving average is $1.96 and its 200 day simple moving average is $2.20. The company has a market cap of $179.50 million, a price-to-earnings ratio of -1.59 and a beta of 1.47.

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

Entravision Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.05 per share. The ex-dividend date is Monday, June 16th. This represents a $0.20 dividend on an annualized basis and a yield of 10.14%. Entravision Communications’s payout ratio is -12.27%.

About Entravision Communications

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.