Entravision Communications (NYSE:EVC) COO Sells $59,312.61 in Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 21,259 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $2.79, for a total transaction of $59,312.61. Following the sale, the chief operating officer owned 319,929 shares in the company, valued at approximately $892,601.91. The trade was a 6.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Entravision Communications Price Performance

Shares of NYSE:EVC traded up $0.00 during midday trading on Thursday, reaching $2.79. 186,838 shares of the company were exchanged, compared to its average volume of 408,216. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.95. The stock has a market cap of $254.20 million, a PE ratio of -2.15 and a beta of 1.25. The business’s fifty day moving average is $2.42 and its two-hundred day moving average is $2.37. Entravision Communications Corporation has a one year low of $1.58 and a one year high of $3.15.

Entravision Communications (NYSE:EVC) last announced its quarterly earnings results on Tuesday, November 4th. The company reported ($0.11) earnings per share for the quarter. Entravision Communications had a negative return on equity of 66.12% and a negative net margin of 27.92%.The business had revenue of $120.63 million during the quarter.

Entravision Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 7.2%. Entravision Communications’s dividend payout ratio (DPR) is presently -15.38%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new position in Entravision Communications in the third quarter worth about $27,000. BNP Paribas Financial Markets raised its stake in shares of Entravision Communications by 86.4% during the 3rd 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. Fidelis Capital Partners LLC bought a new position in shares of Entravision Communications during the 2nd quarter worth approximately $30,000. AQR Capital Management LLC purchased a new stake in Entravision Communications during the first quarter valued at approximately $28,000. Finally, Byrne Asset Management LLC acquired a new stake in Entravision Communications in the third quarter valued at approximately $33,000. 69.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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