Key Points
- COO Liberman Jeffery sold 12,876 shares on Dec. 5 at an average price of $2.77 for $35,666.52, reducing his stake by 4.42% to 278,357 shares (≈$771,049).
- Shares were trading up 10.1% (opened $3.01); the company reported a (‑$0.11) EPS with negative ROE and net margin, a market cap of about $273.4M, and a 52-week range of $1.58–$3.15.
- Entravision declared a quarterly dividend of $0.05 (annualized yield ~6.7%) payable Dec. 31, while consensus analyst coverage rates the stock a "Sell" and institutions own roughly 69.5% of shares.
Entravision Communications Corporation (NYSE:EVC - Get Free Report) COO Liberman Jeffery sold 12,876 shares of the firm's stock in a transaction on Friday, December 5th. The shares were sold at an average price of $2.77, for a total transaction of $35,666.52. Following the completion of the transaction, the chief operating officer directly owned 278,357 shares of the company's stock, valued at approximately $771,048.89. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Entravision Communications Trading Up 10.1%
Shares of EVC opened at $3.01 on Tuesday. The stock has a market capitalization of $273.39 million, a PE ratio of -2.31 and a beta of 1.24. The company's fifty day moving average is $2.44 and its 200 day moving average is $2.39. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.74 and a current ratio of 1.74. Entravision Communications Corporation has a fifty-two week low of $1.58 and a fifty-two week high of $3.15.
Entravision Communications (NYSE:EVC - Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.11) EPS for the quarter. Entravision Communications had a negative return on equity of 66.12% and a negative net margin of 27.92%.The business had revenue of $120.63 million during the quarter.
Entravision Communications Dividend Announcement
The business also recently disclosed 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. This represents a $0.20 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, December 16th. Entravision Communications's payout ratio is presently -15.38%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Qube Research & Technologies Ltd grew its stake in shares of Entravision Communications by 344.5% during the third quarter. Qube Research & Technologies Ltd now owns 96,957 shares of the company's stock valued at $226,000 after buying an additional 75,143 shares during the last quarter. Millennium Management LLC boosted its holdings in Entravision Communications by 35.2% during the 3rd quarter. Millennium Management LLC now owns 174,006 shares of the company's stock valued at $405,000 after acquiring an additional 45,330 shares during the period. Occudo Quantitative Strategies LP grew its position in Entravision Communications by 49.6% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 24,322 shares of the company's stock valued at $57,000 after acquiring an additional 8,063 shares during the last quarter. Two Sigma Investments LP grew its position in Entravision Communications by 29.0% in the 3rd quarter. Two Sigma Investments LP now owns 214,577 shares of the company's stock valued at $500,000 after acquiring an additional 48,275 shares during the last quarter. Finally, Bridgeway Capital Management LLC increased its stake in Entravision Communications by 3.7% in the third quarter. Bridgeway Capital Management LLC now owns 998,610 shares of the company's stock worth $2,327,000 after purchasing an additional 35,391 shares during the period. Hedge funds and other institutional investors own 69.46% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Entravision Communications in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Sell".
Read Our Latest Stock Report on Entravision Communications
Entravision Communications Company Profile
(
Get Free Report)
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.
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