Key Points
- COO Liberman Jeffery sold 20,153 shares at an average price of $3.15 for about $63,481.95, cutting his ownership by 25.67% to 58,357 shares (valued ≈ $183,825).
- Entravision reported a quarterly loss of <$0.11> EPS with negative return on equity (−66.12%) and net margin (−27.92%), but declared a quarterly dividend of $0.05 (annualized $0.20) for a ~6.3% yield (ex-dividend Dec 16, pay Dec 31).
- Weiss Ratings reaffirmed a "Sell" and the stock's average analyst rating is "Sell," even as institutional investors own about 69.46% of the company.
Entravision Communications Corporation (NYSE:EVC - Get Free Report) COO Liberman Jeffery sold 20,153 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $3.15, for a total transaction of $63,481.95. Following the sale, the chief operating officer directly owned 58,357 shares in the company, valued at $183,824.55. This trade represents a 25.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Entravision Communications Price Performance
Shares of NYSE:EVC opened at $3.18 on Tuesday. The company has a market cap of $288.86 million, a PE ratio of -2.44 and a beta of 1.24. Entravision Communications Corporation has a fifty-two week low of $1.58 and a fifty-two week high of $3.43. The firm has a 50-day simple moving average of $2.53 and a 200 day simple moving average of $2.43. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.95.
Entravision Communications (NYSE:EVC - Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $120.63 million during the quarter. Entravision Communications had a negative return on equity of 66.12% and a negative net margin of 27.92%.
Entravision Communications Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Tuesday, December 16th. Entravision Communications's dividend payout ratio is presently -15.38%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Entravision Communications in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Sell".
Check Out Our Latest Report on Entravision Communications
Institutional Trading of Entravision Communications
Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new stake in Entravision Communications during the 3rd quarter valued at $27,000. AQR Capital Management LLC bought a new stake in shares of Entravision Communications during the first quarter valued at about $28,000. BNP Paribas Financial Markets lifted its holdings in Entravision Communications by 86.4% in the third 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. Fidelis Capital Partners LLC bought a new position in Entravision Communications in the 2nd quarter valued at about $30,000. Finally, Byrne Asset Management LLC bought a new position in Entravision Communications in the 3rd quarter valued at about $33,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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