Royce & Associates LP cut its position in shares of Entravision Communications Corporation (NYSE:EVC) by 21.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,034,596 shares of the company’s stock after selling 290,500 shares during the period. Royce & Associates LP owned about 1.15% of Entravision Communications Corporation worth $6,414,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in EVC. American Century Companies Inc. boosted its stake in shares of Entravision Communications Corporation by 17.5% in the first quarter. American Century Companies Inc. now owns 6,072,286 shares of the company’s stock worth $37,648,000 after buying an additional 906,364 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Entravision Communications Corporation by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,815,827 shares of the company’s stock worth $19,710,000 after buying an additional 42,119 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Entravision Communications Corporation by 11.4% in the fourth quarter. Renaissance Technologies LLC now owns 1,917,852 shares of the company’s stock worth $13,425,000 after buying an additional 196,730 shares during the period. Deprince Race & Zollo Inc. boosted its stake in shares of Entravision Communications Corporation by 46.2% in the first quarter. Deprince Race & Zollo Inc. now owns 1,280,390 shares of the company’s stock worth $7,938,000 after buying an additional 404,771 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of Entravision Communications Corporation by 18.5% in the first quarter. Wells Fargo & Company MN now owns 1,105,744 shares of the company’s stock worth $6,856,000 after buying an additional 172,848 shares during the period. 64.35% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Entravision Communications Corporation (NYSE:EVC)

Shares of Entravision Communications Corporation (NYSE EVC) traded up 0.80% during midday trading on Friday, hitting $6.30. 797,577 shares of the stock were exchanged. The company has a market cap of $569.14 million, a PE ratio of 27.39 and a beta of 1.41. Entravision Communications Corporation has a 12-month low of $4.90 and a 12-month high of $8.00. The firm has a 50-day moving average price of $5.85 and a 200-day moving average price of $6.02.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be issued a $0.0313 dividend. This represents a $0.13 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Tuesday, June 13th. Entravision Communications Corporation’s dividend payout ratio (DPR) is presently 56.52%.

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A number of equities research analysts have recently commented on the stock. Noble Financial reaffirmed a “buy” rating on shares of Entravision Communications Corporation in a report on Thursday, May 11th. Macquarie reaffirmed a “neutral” rating and issued a $7.00 target price on shares of Entravision Communications Corporation in a report on Tuesday, April 18th. Finally, Zacks Investment Research raised shares of Entravision Communications Corporation from a “sell” rating to a “hold” rating in a report on Monday, May 29th.

About Entravision Communications Corporation

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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