1,003,451 Shares in Entravision Communications Co. (NYSE:EVC) Acquired by Boston Partners

Boston Partners purchased a new stake in Entravision Communications Co. (NYSE:EVC) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,003,451 shares of the company’s stock, valued at approximately $2,358,000.

Several other hedge funds have also recently bought and sold shares of the stock. SG Americas Securities LLC boosted its stake in shares of Entravision Communications by 62.4% in the 4th quarter. SG Americas Securities LLC now owns 34,842 shares of the company’s stock valued at $82,000 after purchasing an additional 13,391 shares in the last quarter. FMR LLC boosted its position in Entravision Communications by 104.1% in the third quarter. FMR LLC now owns 35,495 shares of the company’s stock valued at $73,000 after buying an additional 18,106 shares in the last quarter. Empowered Funds LLC grew its stake in Entravision Communications by 5.4% during the third quarter. Empowered Funds LLC now owns 416,722 shares of the company’s stock worth $863,000 after buying an additional 21,172 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Entravision Communications during the fourth quarter worth approximately $71,000. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of Entravision Communications during the third quarter worth approximately $80,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Entravision Communications Stock Up 6.1 %

Shares of EVC opened at $2.17 on Friday. The company has a market capitalization of $196.96 million, a P/E ratio of -1.75 and a beta of 0.93. Entravision Communications Co. has a one year low of $1.58 and a one year high of $2.73. The business’s 50 day simple moving average is $2.17 and its 200-day simple moving average is $2.24. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70.

Entravision Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 9.24%. The ex-dividend date of this dividend is Monday, March 17th. Entravision Communications’s dividend payout ratio is currently -12.12%.

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.