Entravision Communications Co. (NYSE:EVC) Holdings Raised by Man Group plc

Man Group plc boosted its stake in Entravision Communications Co. (NYSE:EVC) by 52.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,700 shares of the company’s stock after buying an additional 51,272 shares during the quarter. Man Group plc owned approximately 0.17% of Entravision Communications worth $349,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Boston Partners purchased a new stake in Entravision Communications in the 4th quarter worth approximately $2,358,000. Gate City Capital Management LLC raised its holdings in shares of Entravision Communications by 6.8% during the 4th quarter. Gate City Capital Management LLC now owns 10,473,634 shares of the company’s stock valued at $24,613,000 after purchasing an additional 668,031 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Entravision Communications during the 4th quarter valued at $47,000. Jacobs Levy Equity Management Inc. raised its holdings in shares of Entravision Communications by 594.8% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 269,653 shares of the company’s stock valued at $634,000 after purchasing an additional 230,845 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Entravision Communications by 4.2% during the 4th quarter. Barclays PLC now owns 176,171 shares of the company’s stock valued at $414,000 after purchasing an additional 7,103 shares in the last quarter. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Entravision Communications Stock Up 0.8%

Entravision Communications stock opened at $1.91 on Tuesday. The company has a market capitalization of $173.31 million, a P/E ratio of -1.54 and a beta of 1.47. The firm’s fifty day simple moving average is $1.95 and its 200-day simple moving average is $2.18. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.90. Entravision Communications Co. has a 1-year low of $1.58 and a 1-year high of $2.73.

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

Entravision Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 10.50%. Entravision Communications’s dividend payout ratio is currently -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.