Segall Bryant & Hamill LLC Has $1.33 Million Stock Position in Entravision Communications Corporation $EVC

Segall Bryant & Hamill LLC increased its stake in Entravision Communications Corporation (NYSE:EVC) by 265.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 572,089 shares of the company’s stock after buying an additional 415,348 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.63% of Entravision Communications worth $1,333,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rhumbline Advisers grew its holdings in Entravision Communications by 7.1% during the second quarter. Rhumbline Advisers now owns 91,341 shares of the company’s stock worth $212,000 after purchasing an additional 6,063 shares during the period. MetLife Investment Management LLC boosted its stake in shares of Entravision Communications by 35.7% during the 1st quarter. MetLife Investment Management LLC now owns 26,568 shares of the company’s stock worth $56,000 after acquiring an additional 6,991 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Entravision Communications by 78.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 17,372 shares of the company’s stock worth $40,000 after acquiring an additional 7,642 shares during the last quarter. R Squared Ltd raised its stake in Entravision Communications by 40.6% in the 3rd quarter. R Squared Ltd now owns 26,963 shares of the company’s stock valued at $63,000 after acquiring an additional 7,784 shares during the period. Finally, SG Americas Securities LLC bought a new stake in Entravision Communications in the 3rd quarter valued at $27,000. Institutional investors own 69.46% of the company’s stock.

Insider Buying and Selling

In related news, COO Liberman A. Jeffery sold 85,108 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $3.29, for a total value of $280,005.32. Following the completion of the transaction, the chief operating officer owned 126,316 shares of the company’s stock, valued at $415,579.64. This represents a 40.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 220,000 shares of company stock valued at $701,184. 8.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Entravision Communications in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Entravision Communications Stock Performance

NYSE:EVC opened at $3.47 on Friday. Entravision Communications Corporation has a twelve month low of $1.58 and a twelve month high of $3.68. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.95. The stock’s 50-day simple moving average is $3.07 and its 200 day simple moving average is $2.73. The firm has a market capitalization of $315.70 million, a PE ratio of -3.94 and a beta of 1.30.

Entravision Communications (NYSE:EVC) last issued its earnings results on Thursday, March 5th. The company reported ($0.20) EPS for the quarter. Entravision Communications had a negative return on equity of 33.59% and a negative net margin of 17.69%.The business had revenue of $134.38 million for the quarter.

Entravision Communications Profile

Entravision Communications Corporation (NYSE: EVC) is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.

In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.