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

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

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gabelli Funds LLC boosted its position in 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 last quarter. State Street Corp boosted its holdings in shares of Entravision Communications by 5.9% in the 3rd quarter. State Street Corp now owns 1,374,611 shares of the company’s stock valued at $2,845,000 after acquiring an additional 76,622 shares during the last quarter. Algert Global LLC increased its stake in shares of Entravision Communications by 421.4% in the second quarter. Algert Global LLC now owns 64,864 shares of the company’s stock worth $132,000 after acquiring an additional 52,424 shares during the period. Jane Street Group LLC raised its holdings in shares of Entravision Communications by 40.0% during the third quarter. Jane Street Group LLC now owns 152,119 shares of the company’s stock worth $315,000 after purchasing an additional 43,499 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in Entravision Communications during the third quarter valued at $80,000. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Entravision Communications Price Performance

Shares of EVC opened at $2.41 on Friday. The business’s 50-day moving average is $2.42 and its two-hundred day moving average is $2.16. The company has a market capitalization of $216.87 million, a P/E ratio of -1.94 and a beta of 0.98. Entravision Communications Co. has a fifty-two week low of $1.33 and a fifty-two week high of $4.41. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.20 annualized dividend and a yield of 8.30%. Entravision Communications’s dividend payout ratio is presently -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.