Algert Global LLC raised its position in Entravision Communication (NYSE:EVC) by 220.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 154,468 shares of the company’s stock after acquiring an additional 106,307 shares during the quarter. Algert Global LLC’s holdings in Entravision Communication were worth $1,104,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wedge Capital Management L L P NC acquired a new position in Entravision Communication in the 4th quarter valued at $173,000. Voya Investment Management LLC increased its stake in Entravision Communication by 20.8% in the 2nd quarter. Voya Investment Management LLC now owns 32,940 shares of the company’s stock valued at $217,000 after buying an additional 5,661 shares during the period. Fox Run Management L.L.C. acquired a new position in Entravision Communication in the 3rd quarter valued at $290,000. First Trust Advisors LP acquired a new position in Entravision Communication in the 3rd quarter valued at $298,000. Finally, Tudor Investment Corp ET AL increased its stake in Entravision Communication by 16.1% in the 2nd quarter. Tudor Investment Corp ET AL now owns 52,860 shares of the company’s stock valued at $349,000 after buying an additional 7,325 shares during the period. 60.37% of the stock is currently owned by institutional investors.

Entravision Communication (NYSE:EVC) opened at $6.70 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 6.93 and a current ratio of 6.93. Entravision Communication has a 12 month low of $5.05 and a 12 month high of $7.90. The firm has a market cap of $607.52, a price-to-earnings ratio of 3.60 and a beta of 1.47.

Entravision Communication (NYSE:EVC) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $1.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $1.69. Entravision Communication had a net margin of 31.96% and a return on equity of 75.49%. The business had revenue of $70.60 million for the quarter, compared to analysts’ expectations of $70.43 million. During the same period in the prior year, the company posted $0.06 EPS. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. research analysts predict that Entravision Communication will post 0.09 earnings per share for the current year.

EVC has been the topic of several recent research reports. Zacks Investment Research cut shares of Entravision Communication from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Noble Financial reissued a “buy” rating on shares of Entravision Communication in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $7.00.

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About Entravision Communication

Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media.

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Institutional Ownership by Quarter for Entravision Communication (NYSE:EVC)

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