Jane Street Group LLC Increases Stake in Entravision Communications Co. (NYSE:EVC)

Jane Street Group LLC raised its position in shares of Entravision Communications Co. (NYSE:EVC) by 40.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 152,119 shares of the company’s stock after purchasing an additional 43,499 shares during the quarter. Jane Street Group LLC’s holdings in Entravision Communications were worth $315,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC lifted its position in Entravision Communications by 67.9% in the third quarter. SG Americas Securities LLC now owns 21,451 shares of the company’s stock worth $44,000 after buying an additional 8,674 shares during the last quarter. Fidelis Capital Partners LLC purchased a new position in Entravision Communications during the 2nd quarter valued at about $46,000. Factorial Partners LLC bought a new position in Entravision Communications in the third quarter worth approximately $52,000. The Manufacturers Life Insurance Company lifted its holdings in Entravision Communications by 122.9% during the second quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company’s stock worth $59,000 after buying an additional 16,072 shares during the period. Finally, FMR LLC boosted its position in Entravision Communications by 104.1% during 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 in the last quarter. Institutional investors own 69.46% of the company’s stock.

Entravision Communications Trading Down 10.3 %

EVC opened at $2.27 on Friday. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.90. The firm has a market cap of $204.28 million, a price-to-earnings ratio of -1.83 and a beta of 0.97. Entravision Communications Co. has a 12 month low of $1.33 and a 12 month high of $4.41. The stock has a fifty day moving average price of $2.43 and a 200-day moving average price of $2.17.

Entravision Communications Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 8.81%. 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.