Liberman Jeffery Sells 39,441 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 39,441 shares of Entravision Communications stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $3.11, for a total value of $122,661.51. Following the completion of the sale, the chief operating officer directly owned 211,424 shares in the company, valued at approximately $657,528.64. This represents a 15.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Entravision Communications Stock Up 0.5%

Shares of EVC traded up $0.02 during mid-day trading on Wednesday, hitting $3.25. 986,826 shares of the company’s stock were exchanged, compared to its average volume of 330,808. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.74 and a quick ratio of 1.74. Entravision Communications Corporation has a 52 week low of $1.58 and a 52 week high of $3.44. The company has a market cap of $295.23 million, a PE ratio of -2.50 and a beta of 1.25. The company has a 50-day simple moving average of $2.48 and a 200 day simple moving average of $2.40.

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

Entravision Communications Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.2%. Entravision Communications’s payout ratio is currently -15.38%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Entravision Communications in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Trading of Entravision Communications

A number of hedge funds have recently modified their holdings of the stock. American Century Companies Inc. grew its stake 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 buying an additional 984,510 shares during the last quarter. Segall Bryant & Hamill LLC increased its stake 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 purchasing an additional 415,348 shares during the period. Nuveen LLC acquired a new stake in Entravision Communications during the 1st quarter worth approximately $366,000. Qube Research & Technologies Ltd boosted its stake in Entravision Communications by 344.5% in the 3rd quarter. Qube Research & Technologies Ltd now owns 96,957 shares of the company’s stock valued at $226,000 after purchasing an additional 75,143 shares during the period. Finally, Corsair Capital Management L.P. grew its holdings in Entravision Communications by 285.4% in the 2nd quarter. Corsair Capital Management L.P. now owns 100,985 shares of the company’s stock valued at $234,000 after buying an additional 74,785 shares in the last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

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.