Entravision Communications (NYSE:EVC) COO Sells $81,629.10 in Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 25,914 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $3.15, for a total transaction of $81,629.10. Following the completion of the transaction, the chief operating officer owned 78,510 shares of the company’s stock, valued at approximately $247,306.50. This trade represents a 24.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Entravision Communications Price Performance

Shares of NYSE:EVC opened at $3.15 on Thursday. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.74 and a current ratio of 1.74. Entravision Communications Corporation has a 52 week low of $1.58 and a 52 week high of $3.43. The firm has a market cap of $286.13 million, a PE ratio of -2.42 and a beta of 1.25. The firm’s fifty day moving average is $2.57 and its 200-day moving average is $2.44.

Entravision Communications (NYSE:EVC) last announced its earnings results on Tuesday, November 4th. The company reported ($0.11) EPS for the quarter. Entravision Communications had a negative return on equity of 66.12% and a negative net margin of 27.92%.The company had revenue of $120.63 million for the quarter.

Entravision Communications Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, December 16th. Entravision Communications’s dividend payout ratio (DPR) is currently -15.38%.

Hedge Funds Weigh In On Entravision Communications

Institutional investors have recently modified their holdings of the company. American Century Companies Inc. grew its position in Entravision Communications by 10.7% in the 2nd quarter. American Century Companies Inc. now owns 10,202,560 shares of the company’s stock valued at $23,670,000 after purchasing an additional 984,510 shares during the period. Vanguard Group Inc. lifted its stake in shares of Entravision Communications by 1.1% in the third quarter. Vanguard Group Inc. now owns 3,336,040 shares of the company’s stock valued at $7,773,000 after buying an additional 36,503 shares in the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of Entravision Communications by 3.7% during the third quarter. Bridgeway Capital Management LLC now owns 998,610 shares of the company’s stock valued at $2,327,000 after buying an additional 35,391 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Entravision Communications by 14.0% during the first quarter. Goldman Sachs Group Inc. now owns 595,685 shares of the company’s stock valued at $1,251,000 after buying an additional 73,103 shares during the last quarter. Finally, Segall Bryant & Hamill LLC increased its position in shares of Entravision Communications by 265.0% during the third quarter. Segall Bryant & Hamill LLC now owns 572,089 shares of the company’s stock worth $1,333,000 after acquiring an additional 415,348 shares in the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Entravision Communications in a research report on Tuesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Entravision Communications presently has an average rating of “Sell”.

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.