Swiss National Bank held its position in Entravision Communications Corp. (NYSE:EVC) during the second quarter, Holdings Channel reports. The firm owned 108,200 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned about 0.12% of Entravision Communications Corp. worth $727,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of EVC. Kempen Capital Management N.V. raised its position in Entravision Communications Corp. by 161.7% in the first quarter. Kempen Capital Management N.V. now owns 45,394 shares of the company’s stock worth $338,000 after buying an additional 28,051 shares during the period. Monarch Partners Asset Management LLC raised its position in Entravision Communications Corp. by 23.1% in the second quarter. Monarch Partners Asset Management LLC now owns 54,580 shares of the company’s stock worth $367,000 after buying an additional 10,230 shares during the period. New Jersey Better Educational Savings Trust purchased a new position in Entravision Communications Corp. during the second quarter worth about $672,000. Prudential Financial Inc. raised its position in Entravision Communications Corp. by 344.4% in the first quarter. Prudential Financial Inc. now owns 90,454 shares of the company’s stock worth $673,000 after buying an additional 70,100 shares during the period. Finally, California State Teachers Retirement System raised its position in Entravision Communications Corp. by 1.1% in the second quarter. California State Teachers Retirement System now owns 136,420 shares of the company’s stock worth $917,000 after buying an additional 1,459 shares during the period. 58.10% of the stock is currently owned by institutional investors and hedge funds.
Shares of Entravision Communications Corp. (NYSE:EVC) traded up 1.06% on Monday, hitting $7.60. 29,960 shares of the stock traded hands. The company’s 50 day moving average is $7.52 and its 200 day moving average is $7.31. The stock has a market cap of $680.48 million, a price-to-earnings ratio of 30.40 and a beta of 2.27. Entravision Communications Corp. has a one year low of $5.94 and a one year high of $9.55.
Entravision Communications Corp. (NYSE:EVC) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The company had revenue of $64.82 million for the quarter, compared to analyst estimates of $63.38 million. Entravision Communications Corp. had a return on equity of 13.82% and a net margin of 8.96%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $0.06 earnings per share. On average, equities analysts forecast that Entravision Communications Corp. will post $0.32 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were issued a dividend of $0.0313 per share. This represents a $0.13 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend was Tuesday, September 13th. Entravision Communications Corp.’s dividend payout ratio (DPR) is 54.17%.
Separately, Zacks Investment Research upgraded shares of Entravision Communications Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, July 6th.
Entravision Communications Corp. Company Profile
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.
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