Barclays PLC Increases Stock Position in Entravision Communications Co. (NYSE:EVC)

Barclays PLC increased its holdings in shares of Entravision Communications Co. (NYSE:EVC) by 60.5% during the third quarter, HoldingsChannel.com reports. The fund owned 169,068 shares of the company’s stock after buying an additional 63,699 shares during the quarter. Barclays PLC’s holdings in Entravision Communications were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Rhumbline Advisers grew its position in shares of Entravision Communications by 15.5% during the 2nd quarter. Rhumbline Advisers now owns 96,011 shares of the company’s stock valued at $195,000 after acquiring an additional 12,880 shares during the period. Renaissance Technologies LLC lifted its stake in Entravision Communications by 1.1% in the second quarter. Renaissance Technologies LLC now owns 2,358,043 shares of the company’s stock valued at $4,787,000 after purchasing an additional 26,700 shares during the last quarter. Hsbc Holdings PLC grew its holdings in Entravision Communications by 46.3% during the second quarter. Hsbc Holdings PLC now owns 106,841 shares of the company’s stock valued at $221,000 after purchasing an additional 33,812 shares during the period. Fidelis Capital Partners LLC purchased a new stake in Entravision Communications in the second quarter worth $46,000. Finally, Gabelli Funds LLC raised its stake in shares of Entravision Communications by 206.8% in the second quarter. Gabelli Funds LLC now owns 135,000 shares of the company’s stock valued at $274,000 after buying an additional 91,000 shares during the period. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Entravision Communications Stock Up 2.4 %

Shares of NYSE EVC opened at $2.36 on Monday. The business’s fifty day moving average price is $2.43 and its 200-day moving average price is $2.19. Entravision Communications Co. has a one year low of $1.33 and a one year high of $4.41. The stock has a market capitalization of $211.92 million, a PE ratio of -1.90 and a beta of 0.98. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70.

Entravision Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.05 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.20 annualized dividend and a dividend yield of 8.49%. Entravision Communications’s payout ratio is -16.13%.

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.