Entravision Communications Co. (NYSE:EVC) Shares Purchased by State Street Corp

State Street Corp lifted its holdings in Entravision Communications Co. (NYSE:EVC) by 5.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,374,611 shares of the company’s stock after purchasing an additional 76,622 shares during the period. State Street Corp’s holdings in Entravision Communications were worth $2,845,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of EVC. Hsbc Holdings PLC increased its position in shares of Entravision Communications by 46.3% in the second quarter. Hsbc Holdings PLC now owns 106,841 shares of the company’s stock valued at $221,000 after buying an additional 33,812 shares in the last quarter. FMR LLC grew its stake in Entravision Communications by 104.1% in the 3rd quarter. FMR LLC now owns 35,495 shares of the company’s stock valued at $73,000 after acquiring an additional 18,106 shares during the period. Founders Financial Securities LLC acquired a new stake in Entravision Communications in the 2nd quarter valued at $33,000. Rhumbline Advisers increased its holdings in Entravision Communications by 15.5% in the 2nd quarter. Rhumbline Advisers now owns 96,011 shares of the company’s stock worth $195,000 after acquiring an additional 12,880 shares in the last quarter. Finally, Gabelli Funds LLC raised its position in Entravision Communications by 206.8% during the second quarter. Gabelli Funds LLC now owns 135,000 shares of the company’s stock worth $274,000 after acquiring an additional 91,000 shares during the period. Institutional investors and hedge funds own 69.46% of the company’s stock.

Entravision Communications Stock Performance

EVC opened at $2.35 on Wednesday. The company has a market cap of $211.47 million, a price-to-earnings ratio of -1.90 and a beta of 0.97. The firm’s fifty day simple moving average is $2.41 and its two-hundred day simple moving average is $2.16. 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 52-week low of $1.33 and a 52-week high of $4.41.

Entravision Communications Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 8.51%. The ex-dividend date of this dividend was Monday, December 16th. Entravision Communications’s payout ratio is -16.13%.

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.