Alexandra Seros Sells 45,120 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 45,120 shares of Entravision Communications stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $2.93, for a total value of $132,201.60. Following the completion of the transaction, the insider directly owned 11,025,053 shares of the company’s stock, valued at $32,303,405.29. This represents a 0.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Alexandra Seros also recently made the following trade(s):

• On Friday, November 14th, Alexandra Seros sold 46,064 shares of Entravision Communications stock. The stock was sold at an average price of $2.77, for a total value of $127,597.28.
• On Thursday, November 13th, Alexandra Seros sold 57,978 shares of Entravision Communications stock. The shares were sold at an average price of $2.86, for a total value of $165,817.08.
• On Monday, November 10th, Alexandra Seros sold 23,093 shares of Entravision Communications stock. The shares were sold at an average price of $2.95, for a total transaction of $68,124.35.
• On Friday, November 7th, Alexandra Seros sold 69,090 shares of Entravision Communications stock. The stock was sold at an average price of $2.86, for a total transaction of $197,597.40.
• On Thursday, November 6th, Alexandra Seros sold 157,817 shares of Entravision Communications stock. The shares were sold at an average price of $2.75, for a total transaction of $433,996.75.
• On Thursday, September 11th, Alexandra Seros sold 41,078 shares of Entravision Communications stock. The stock was sold at an average price of $2.31, for a total value of $94,890.18.
• On Wednesday, September 10th, Alexandra Seros sold 58,525 shares of Entravision Communications stock. The shares were sold at an average price of $2.38, for a total value of $139,289.50.
• On Tuesday, September 9th, Alexandra Seros sold 24,359 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total value of $60,410.32.
• On Monday, September 8th, Alexandra Seros sold 32,911 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total transaction of $81,619.28.
• On Friday, September 5th, Alexandra Seros sold 22,157 shares of Entravision Communications stock. The stock was sold at an average price of $2.47, for a total transaction of $54,727.79.

Entravision Communications Price Performance

NYSE:EVC traded down $0.01 on Friday, hitting $2.86. The company had a trading volume of 381,774 shares, compared to its average volume of 326,544. The firm has a 50 day moving average of $2.34 and a two-hundred day moving average of $2.29. The stock has a market capitalization of $259.74 million, a price-to-earnings ratio of -2.16 and a beta of 1.63. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.91. Entravision Communications Corporation has a 52 week low of $1.58 and a 52 week high of $3.15.

Entravision Communications (NYSE:EVC) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $120.63 million for the quarter. Entravision Communications had a negative net margin of 30.16% and a negative return on equity of 51.15%.

Entravision Communications Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $0.20 annualized dividend and a dividend yield of 7.0%. Entravision Communications’s dividend payout ratio is currently -15.38%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its stake in Entravision Communications by 86.4% during the third quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock worth $29,000 after acquiring an additional 5,702 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Entravision Communications by 7.1% during the 2nd quarter. Rhumbline Advisers now owns 91,341 shares of the company’s stock worth $212,000 after purchasing an additional 6,063 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of Entravision Communications by 35.7% during the 1st quarter. MetLife Investment Management LLC now owns 26,568 shares of the company’s stock worth $56,000 after purchasing an additional 6,991 shares in the last quarter. HBK Sorce Advisory LLC grew its stake in Entravision Communications by 45.6% in the second quarter. HBK Sorce Advisory LLC now owns 23,341 shares of the company’s stock valued at $54,000 after acquiring an additional 7,314 shares during the period. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Entravision Communications by 78.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 17,372 shares of the company’s stock worth $40,000 after purchasing an additional 7,642 shares in the last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Entravision Communications

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.