Entravision Communications Co. (NYSE:EVC) Holdings Increased by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC increased its stake in Entravision Communications Co. (NYSE:EVC) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 872,644 shares of the company’s stock after acquiring an additional 21,422 shares during the period. Bridgeway Capital Management LLC’s holdings in Entravision Communications were worth $2,051,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in EVC. Bank of America Corp DE lifted its position in shares of Entravision Communications by 11.0% in the 4th quarter. Bank of America Corp DE now owns 121,489 shares of the company’s stock valued at $286,000 after acquiring an additional 12,043 shares in the last quarter. Northern Trust Corp boosted its position in Entravision Communications by 11.1% during the 4th quarter. Northern Trust Corp now owns 558,479 shares of the company’s stock worth $1,312,000 after acquiring an additional 55,617 shares during the period. The Manufacturers Life Insurance Company purchased a new position in Entravision Communications during the 4th quarter valued at about $29,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Entravision Communications by 11.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 59,128 shares of the company’s stock valued at $139,000 after purchasing an additional 5,931 shares during the period. Finally, MetLife Investment Management LLC purchased a new stake in shares of Entravision Communications in the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 69.46% of the company’s stock.

Entravision Communications Stock Performance

EVC stock opened at $1.90 on Friday. The firm has a 50 day simple moving average of $1.95 and a 200 day simple moving average of $2.21. Entravision Communications Co. has a 52 week low of $1.58 and a 52 week high of $2.73. The stock 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 quick ratio of 2.70 and a current ratio of 2.70.

Entravision Communications (NYSE:EVC) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.01 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 Announces Dividend

The company 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 is Monday, June 16th. This represents a $0.20 annualized dividend and a dividend yield of 10.53%. Entravision Communications’s dividend payout ratio is -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.