Entravision Communications Corporation (NYSE:EVC) Shares Sold by Nationwide Fund Advisors

Nationwide Fund Advisors lowered its stake in shares of Entravision Communications Corporation (NYSE:EVC) by 59.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,920 shares of the company’s stock after selling 55,950 shares during the period. Nationwide Fund Advisors’ holdings in Entravision Communications Corporation were worth $235,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EVC. Capital Impact Advisors LLC boosted its position in shares of Entravision Communications Corporation by 107.9% in the first quarter. Capital Impact Advisors LLC now owns 242,116 shares of the company’s stock valued at $1,501,000 after buying an additional 125,667 shares during the period. Highbridge Capital Management LLC bought a new position in Entravision Communications Corporation during the fourth quarter valued at about $523,000. Teachers Advisors LLC raised its position in Entravision Communications Corporation by 4.5% in the fourth quarter. Teachers Advisors LLC now owns 210,110 shares of the company’s stock valued at $1,471,000 after buying an additional 9,060 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in Entravision Communications Corporation by 1.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 40,450 shares of the company’s stock valued at $283,000 after buying an additional 421 shares in the last quarter. Finally, Tudor Investment Corp Et Al raised its position in Entravision Communications Corporation by 36.6% in the fourth quarter. Tudor Investment Corp Et Al now owns 42,290 shares of the company’s stock valued at $296,000 after buying an additional 11,337 shares in the last quarter. 64.19% of the stock is owned by institutional investors.

Shares of Entravision Communications Corporation (NYSE EVC) opened at 6.80 on Tuesday. Entravision Communications Corporation has a 1-year low of $4.90 and a 1-year high of $8.00. The firm has a 50-day moving average price of $5.99 and a 200 day moving average price of $6.00. The company has a market cap of $614.31 million, a PE ratio of 29.57 and a beta of 1.50.

The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Thursday, June 15th were given a $0.0313 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 1.84%. Entravision Communications Corporation’s dividend payout ratio is currently 56.52%.

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A number of analysts have recently weighed in on EVC shares. Noble Financial restated a “buy” rating on shares of Entravision Communications Corporation in a research note on Thursday, May 11th. Zacks Investment Research lowered Entravision Communications Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, May 10th. Finally, Macquarie restated a “neutral” rating and set a $7.00 target price on shares of Entravision Communications Corporation in a report on Tuesday, April 18th.

About Entravision Communications Corporation

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.

Institutional Ownership by Quarter for Entravision Communications Corporation (NYSE:EVC)

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