Monarch Partners Asset Management LLC decreased its holdings in shares of Entravision Communication (NYSE:EVC) by 19.1% in the fourth quarter, Holdings Channel reports. The firm owned 54,860 shares of the company’s stock after selling 12,920 shares during the quarter. Monarch Partners Asset Management LLC’s holdings in Entravision Communication were worth $392,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of EVC. Schwab Charles Investment Management Inc. grew its stake in shares of Entravision Communication by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 242,561 shares of the company’s stock worth $1,601,000 after buying an additional 1,615 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Entravision Communication by 3.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 56,391 shares of the company’s stock worth $372,000 after buying an additional 1,772 shares during the last quarter. Voya Investment Management LLC grew its stake in shares of Entravision Communication by 20.8% in the 2nd quarter. Voya Investment Management LLC now owns 32,940 shares of the company’s stock worth $217,000 after buying an additional 5,661 shares during the last quarter. Tudor Investment Corp ET AL grew its stake in shares of Entravision Communication by 16.1% in the 2nd quarter. Tudor Investment Corp ET AL now owns 52,860 shares of the company’s stock worth $349,000 after buying an additional 7,325 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Entravision Communication by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 525,667 shares of the company’s stock worth $3,470,000 after buying an additional 9,051 shares during the last quarter. Hedge funds and other institutional investors own 60.58% of the company’s stock.

Shares of Entravision Communication (NYSE:EVC) opened at $6.70 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 6.93 and a quick ratio of 6.93. The firm has a market capitalization of $603.02, a P/E ratio of 3.60 and a beta of 1.47. Entravision Communication has a 52 week low of $5.05 and a 52 week high of $7.90.

Several analysts recently weighed in on the company. Zacks Investment Research downgraded Entravision Communication from a “hold” rating to a “sell” rating in a research note on Monday, January 1st. Noble Financial restated a “buy” rating on shares of Entravision Communication in a research note on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Entravision Communication currently has a consensus rating of “Hold” and a consensus price target of $7.00.

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Entravision Communication Company Profile

Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media.

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Institutional Ownership by Quarter for Entravision Communication (NYSE:EVC)

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