Entravision Communications (NYSE:EVC) COO Liberman Jeffery Sells 14,405 Shares of Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 14,405 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $2.78, for a total transaction of $40,045.90. Following the transaction, the chief operating officer directly owned 305,524 shares of the company’s stock, valued at $849,356.72. The trade was a 4.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Entravision Communications Trading Up 0.9%

NYSE:EVC traded up $0.03 during trading hours on Friday, reaching $2.82. 16,030 shares of the stock were exchanged, compared to its average volume of 323,649. 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 business has a 50-day moving average of $2.42 and a two-hundred day moving average of $2.37. Entravision Communications Corporation has a twelve month low of $1.58 and a twelve month high of $3.15. The company has a market capitalization of $256.11 million, a price-to-earnings ratio of -2.16 and a beta of 1.25.

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

Entravision Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 7.1%. Entravision Communications’s dividend payout ratio is -15.38%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. raised its position 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 purchasing an additional 984,510 shares in 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 buying an additional 415,348 shares during the period. Nuveen LLC acquired a new stake in Entravision Communications in the first quarter valued at approximately $366,000. Qube Research & Technologies Ltd lifted its stake in Entravision Communications by 344.5% in the third quarter. Qube Research & Technologies Ltd now owns 96,957 shares of the company’s stock worth $226,000 after acquiring an additional 75,143 shares during the last quarter. Finally, Corsair Capital Management L.P. grew its holdings in Entravision Communications by 285.4% during the 2nd quarter. Corsair Capital Management L.P. now owns 100,985 shares of the company’s stock worth $234,000 after acquiring an additional 74,785 shares in the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.

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 equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company 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.