Two Sigma Investments LP Acquires 77,515 Shares of Entravision Communications Co. (NYSE:EVC)

Two Sigma Investments LP lifted its holdings in shares of Entravision Communications Co. (NYSE:EVC) by 120.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 142,113 shares of the company’s stock after purchasing an additional 77,515 shares during the period. Two Sigma Investments LP owned 0.16% of Entravision Communications worth $334,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in EVC. SG Americas Securities LLC lifted its stake in shares of Entravision Communications by 62.4% during the fourth quarter. SG Americas Securities LLC now owns 34,842 shares of the company’s stock valued at $82,000 after acquiring an additional 13,391 shares during the period. Empowered Funds LLC lifted its stake in shares of Entravision Communications by 5.1% during 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. Intech Investment Management LLC acquired a new position in shares of Entravision Communications during the fourth quarter valued at $71,000. Boston Partners acquired a new position in shares of Entravision Communications during the fourth quarter valued at $2,358,000. Finally, Virtu Financial LLC acquired a new position in shares of Entravision Communications during the fourth quarter valued at $81,000. Institutional investors own 69.46% of the company’s stock.

Entravision Communications Trading Up 10.6%

Shares of EVC opened at $2.45 on Wednesday. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.90. Entravision Communications Co. has a 12-month low of $1.58 and a 12-month high of $2.73. The firm has a market capitalization of $222.44 million, a PE ratio of -1.97 and a beta of 1.49. The stock’s fifty day simple moving average is $1.94 and its 200-day simple moving average is $2.15.

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 announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 8.18%. The ex-dividend date is Monday, June 16th. 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.