Geode Capital Management LLC Has $3.03 Million Stock Holdings in Entravision Communications Co. (NYSE:EVC)

Geode Capital Management LLC boosted its position in Entravision Communications Co. (NYSE:EVC) by 3.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,465,030 shares of the company’s stock after purchasing an additional 48,773 shares during the period. Geode Capital Management LLC’s holdings in Entravision Communications were worth $3,033,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC raised its stake in Entravision Communications by 67.9% in the third quarter. SG Americas Securities LLC now owns 21,451 shares of the company’s stock valued at $44,000 after buying an additional 8,674 shares during the period. Fidelis Capital Partners LLC bought a new stake in Entravision Communications in the 2nd quarter valued at $46,000. Factorial Partners LLC bought a new stake in Entravision Communications in the 3rd quarter valued at $52,000. The Manufacturers Life Insurance Company lifted its holdings in Entravision Communications by 122.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company’s stock valued at $59,000 after purchasing an additional 16,072 shares during the last quarter. Finally, FMR LLC boosted its position in Entravision Communications by 104.1% during the third quarter. FMR LLC now owns 35,495 shares of the company’s stock worth $73,000 after purchasing an additional 18,106 shares during the period. Institutional investors own 69.46% of the company’s stock.

Entravision Communications Price Performance

Shares of EVC opened at $2.34 on Tuesday. The company’s 50-day moving average is $2.42 and its 200-day moving average is $2.17. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70. The firm has a market capitalization of $210.57 million, a PE ratio of -1.89 and a beta of 0.98. Entravision Communications Co. has a fifty-two week low of $1.33 and a fifty-two week high of $4.41.

Entravision Communications Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.20 annualized dividend and a yield of 8.55%. Entravision Communications’s dividend payout ratio is currently -16.13%.

Entravision Communications Company Profile

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.