SG Americas Securities LLC Buys 8,674 Shares of Entravision Communications Co. (NYSE:EVC)

SG Americas Securities LLC boosted its stake in Entravision Communications Co. (NYSE:EVC) by 67.9% in the 3rd quarter, Holdings Channel reports. The firm owned 21,451 shares of the company’s stock after acquiring an additional 8,674 shares during the quarter. SG Americas Securities LLC’s holdings in Entravision Communications were worth $44,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of EVC. Empowered Funds LLC grew its position in Entravision Communications by 8.2% during the first quarter. Empowered Funds LLC now owns 367,110 shares of the company’s stock worth $602,000 after buying an additional 27,792 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Entravision Communications by 9.0% during the first quarter. Vanguard Group Inc. now owns 3,226,137 shares of the company’s stock worth $5,291,000 after purchasing an additional 266,642 shares in the last quarter. Gamco Investors INC. ET AL increased its position in shares of Entravision Communications by 68.0% in the first quarter. Gamco Investors INC. ET AL now owns 436,000 shares of the company’s stock worth $715,000 after purchasing an additional 176,500 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Entravision Communications by 3.8% in the second quarter. Bank of New York Mellon Corp now owns 704,510 shares of the company’s stock valued at $1,430,000 after purchasing an additional 25,681 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Entravision Communications by 15.5% during the second quarter. Rhumbline Advisers now owns 96,011 shares of the company’s stock valued at $195,000 after purchasing an additional 12,880 shares during the last quarter. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Entravision Communications Trading Up 0.4 %

NYSE EVC opened at $2.29 on Wednesday. The stock’s 50-day simple moving average is $2.06 and its two-hundred day simple moving average is $2.06. Entravision Communications Co. has a twelve month low of $1.33 and a twelve month high of $4.41. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $205.00 million, a price-to-earnings ratio of -3.05 and a beta of 0.98.

Entravision Communications (NYSE:EVC) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $82.65 million for the quarter. Entravision Communications had a negative return on equity of 5.24% and a negative net margin of 10.06%.

Entravision Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.73%. Entravision Communications’s payout ratio is -26.67%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Entravision Communications from a “sell” rating to a “hold” rating in a research report on Saturday, July 20th.

Entravision Communications 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.