Liberman Jeffery Sells 12,151 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 12,151 shares of Entravision Communications stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $2.76, for a total transaction of $33,536.76. Following the completion of the sale, the chief operating officer directly owned 361,734 shares of the company’s stock, valued at $998,385.84. The trade was a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Entravision Communications Trading Down 1.6%

Shares of Entravision Communications stock opened at $2.78 on Wednesday. Entravision Communications Corporation has a fifty-two week low of $1.58 and a fifty-two week high of $3.15. The business’s fifty day moving average is $2.40 and its two-hundred day moving average is $2.36. 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 firm has a market cap of $252.47 million, a PE ratio of -2.13 and a beta of 1.25.

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 net margin of 27.92% and a negative return on equity of 66.12%.

Entravision Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.05 per share. 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 7.2%. Entravision Communications’s dividend payout ratio is currently -15.38%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Entravision Communications

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings 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 purchasing an additional 5,702 shares during the period. Rhumbline Advisers grew its holdings in shares of Entravision Communications by 7.1% during the 2nd 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 grew its holdings 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 purchasing an additional 6,991 shares during the period. HBK Sorce Advisory LLC raised its holdings in Entravision Communications by 45.6% in the second quarter. HBK Sorce Advisory LLC now owns 23,341 shares of the company’s stock valued at $54,000 after buying an additional 7,314 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in Entravision Communications by 78.5% during the second quarter. Tower Research Capital LLC TRC now owns 17,372 shares of the company’s stock valued at $40,000 after buying an additional 7,642 shares in the last quarter. 69.46% of the stock is currently owned by institutional investors and hedge funds.

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.