Cubist Systematic Strategies LLC purchased a new position in shares of Entravision Communications Co. (NYSE:EVC – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,977 shares of the company’s stock, valued at approximately $47,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Price T Rowe Associates Inc. MD lifted its stake in shares of Entravision Communications by 11.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 59,128 shares of the company’s stock worth $139,000 after acquiring an additional 5,931 shares during the last quarter. Barclays PLC lifted its stake in shares of Entravision Communications by 4.2% during the 4th quarter. Barclays PLC now owns 176,171 shares of the company’s stock worth $414,000 after acquiring an additional 7,103 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Entravision Communications by 30.4% during the 4th quarter. Wells Fargo & Company MN now owns 34,969 shares of the company’s stock worth $82,000 after acquiring an additional 8,159 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Entravision Communications by 11.0% during the 4th quarter. Bank of America Corp DE now owns 121,489 shares of the company’s stock worth $286,000 after acquiring an additional 12,043 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in Entravision Communications during the 4th quarter valued at $29,000. 69.46% of the stock is owned by institutional investors.
Entravision Communications Trading Down 1.3%
Shares of NYSE EVC opened at $1.93 on Tuesday. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.90. The business has a fifty day simple moving average of $1.96 and a two-hundred day simple moving average of $2.19. The firm has a market cap of $175.13 million, a PE ratio of -1.55 and a beta of 1.47. Entravision Communications Co. has a twelve month low of $1.58 and a twelve month high of $2.73.
Entravision Communications Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 10.39%. The ex-dividend date is Monday, June 16th. Entravision Communications’s dividend payout ratio (DPR) is presently -12.27%.
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.
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