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

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 14,291 shares of Entravision Communications stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $2.80, for a total transaction of $40,014.80. Following the sale, the chief operating officer owned 291,233 shares in the company, valued at $815,452.40. This represents a 4.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Entravision Communications Price Performance

NYSE:EVC traded up $0.00 during mid-day trading on Thursday, hitting $2.79. The company’s stock had a trading volume of 186,838 shares, compared to its average volume of 408,216. The company has a market capitalization of $254.20 million, a price-to-earnings ratio of -2.15 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 Corporation has a fifty-two week low of $1.58 and a fifty-two week high of $3.15. The stock has a fifty day moving average of $2.42 and a 200-day moving average of $2.37.

Entravision Communications (NYSE:EVC) last posted its 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 company had revenue of $120.63 million for the quarter.

Entravision Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 7.2%. The ex-dividend date is Tuesday, December 16th. Entravision Communications’s payout ratio is -15.38%.

Institutional Investors Weigh In On Entravision Communications

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in Entravision Communications in the third quarter worth $27,000. AQR Capital Management LLC bought a new position in Entravision Communications in the 1st quarter worth $28,000. BNP Paribas Financial Markets lifted its position in shares of Entravision Communications by 86.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock worth $29,000 after purchasing an additional 5,702 shares during the period. Fidelis Capital Partners LLC bought a new stake in shares of Entravision Communications during the 2nd quarter valued at about $30,000. Finally, Byrne Asset Management LLC purchased a new position in shares of Entravision Communications during the third quarter valued at about $33,000. 69.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

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.