Entravision Communications (NYSE:EVC) COO Liberman Jeffery Sells 14,291 Shares of Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 14,291 shares of Entravision Communications stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $2.80, for a total value of $40,014.80. Following the completion of the transaction, the chief operating officer owned 291,233 shares in the company, valued at $815,452.40. The trade was a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Entravision Communications Stock Performance

NYSE:EVC traded up $0.03 during mid-day trading on Friday, hitting $2.82. 16,030 shares of the company’s stock traded hands, compared to its average volume of 323,649. The firm has a 50 day moving average of $2.42 and a two-hundred day moving average of $2.37. Entravision Communications Corporation has a 12 month low of $1.58 and a 12 month high of $3.15. The firm has a market capitalization of $256.11 million, a price-to-earnings ratio of -2.16 and a beta of 1.25. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.95.

Entravision Communications (NYSE:EVC) last issued its quarterly earnings results 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 announced 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 annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, December 16th. Entravision Communications’s dividend payout ratio is presently -15.38%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Entravision Communications in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. American Century Companies Inc. lifted its position in Entravision Communications by 10.7% in the second quarter. American Century Companies Inc. now owns 10,202,560 shares of the company’s stock worth $23,670,000 after purchasing an additional 984,510 shares during the period. Vanguard Group Inc. raised its stake in shares of Entravision Communications by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 3,336,040 shares of the company’s stock valued at $7,773,000 after buying an additional 36,503 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Entravision Communications by 3.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 998,610 shares of the company’s stock worth $2,327,000 after acquiring an additional 35,391 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Entravision Communications by 14.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 595,685 shares of the company’s stock valued at $1,251,000 after acquiring an additional 73,103 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its stake in Entravision Communications by 265.0% in the third quarter. Segall Bryant & Hamill LLC now owns 572,089 shares of the company’s stock valued at $1,333,000 after acquiring an additional 415,348 shares during the period. 69.46% of the stock is currently owned by institutional investors and hedge funds.

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.