Liberman Jeffery Sells 20,153 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 20,153 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $3.15, for a total value of $63,481.95. Following the completion of the sale, the chief operating officer owned 58,357 shares in the company, valued at $183,824.55. This represents a 25.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Entravision Communications Trading Down 1.1%

Entravision Communications stock opened at $3.15 on Wednesday. The stock has a 50-day moving average price of $2.55 and a 200 day moving average price of $2.44. Entravision Communications Corporation has a 52 week low of $1.58 and a 52 week high of $3.43. The stock has a market cap of $286.13 million, a PE ratio of -2.42 and a beta of 1.25. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.95.

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

Entravision Communications Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, December 16th. Entravision Communications’s payout ratio is presently -15.38%.

Institutional Investors Weigh In On Entravision Communications

A number of institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new position in Entravision Communications during the third quarter worth approximately $27,000. AQR Capital Management LLC acquired a new stake in shares of Entravision Communications during the 1st quarter worth $28,000. BNP Paribas Financial Markets raised its position in shares of Entravision Communications by 86.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock worth $29,000 after buying an additional 5,702 shares during the period. Fidelis Capital Partners LLC acquired a new position in Entravision Communications in the second quarter valued at $30,000. Finally, Byrne Asset Management LLC purchased a new stake in Entravision Communications during the third quarter valued at about $33,000. 69.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Entravision Communications in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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.