Segall Bryant & Hamill LLC Has $1.33 Million Stake in Entravision Communications Corporation $EVC

Segall Bryant & Hamill LLC increased its position in shares of Entravision Communications Corporation (NYSE:EVC) by 265.0% during the third quarter, HoldingsChannel reports. The fund owned 572,089 shares of the company’s stock after buying an additional 415,348 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Entravision Communications were worth $1,333,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. American Century Companies Inc. boosted its stake in shares of Entravision Communications by 10.7% during the second quarter. American Century Companies Inc. now owns 10,202,560 shares of the company’s stock valued at $23,670,000 after purchasing an additional 984,510 shares in the last quarter. Vanguard Group Inc. raised its holdings in 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 during the last quarter. Bridgeway Capital Management LLC raised its holdings in Entravision Communications by 6.5% in the 2nd quarter. Bridgeway Capital Management LLC now owns 963,219 shares of the company’s stock valued at $2,235,000 after buying an additional 59,154 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Entravision Communications by 14.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 595,685 shares of the company’s stock worth $1,251,000 after buying an additional 73,103 shares during the period. Finally, Empowered Funds LLC grew its holdings in Entravision Communications by 7.4% during the 1st quarter. Empowered Funds LLC now owns 470,465 shares of the company’s stock worth $988,000 after acquiring an additional 32,321 shares during the last quarter. 69.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Entravision Communications

In related news, COO Liberman A. Jeffery sold 20,153 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $3.15, for a total transaction of $63,481.95. Following the transaction, the chief operating officer owned 58,357 shares in the company, valued at $183,824.55. The trade was a 25.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 220,000 shares of company stock valued at $701,184. Insiders own 8.34% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Entravision Communications in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Entravision Communications has a consensus rating of “Sell”.

Entravision Communications Stock Up 14.9%

Shares of Entravision Communications stock opened at $3.47 on Friday. The stock’s 50-day moving average is $3.07 and its 200 day moving average is $2.73. Entravision Communications Corporation has a one year low of $1.58 and a one year high of $3.68. The firm has a market cap of $315.70 million, a price-to-earnings ratio of -3.94 and a beta of 1.30. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.74 and a quick ratio of 1.74.

Entravision Communications (NYSE:EVC) last issued its earnings results on Thursday, March 5th. The company reported ($0.20) earnings per share for the quarter. Entravision Communications had a negative return on equity of 33.59% and a negative net margin of 17.69%.The business had revenue of $134.38 million during the quarter.

Entravision Communications Profile

Entravision Communications Corporation (NYSE: EVC) is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.

In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.