Jane Street Group LLC Grows Stake in Entravision Communications Co. (NYSE:EVC)

Jane Street Group LLC boosted its position in shares of Entravision Communications Co. (NYSE:EVC) by 40.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 152,119 shares of the company’s stock after acquiring an additional 43,499 shares during the quarter. Jane Street Group LLC owned 0.17% of Entravision Communications worth $315,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC grew its stake in shares of Entravision Communications by 67.9% during the 3rd quarter. SG Americas Securities LLC now owns 21,451 shares of the company’s stock valued at $44,000 after purchasing an additional 8,674 shares during the period. Fidelis Capital Partners LLC purchased a new stake in Entravision Communications during the second quarter valued at approximately $46,000. Factorial Partners LLC bought a new position in Entravision Communications in the third quarter worth approximately $52,000. The Manufacturers Life Insurance Company boosted its stake in shares of Entravision Communications by 122.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company’s stock worth $59,000 after acquiring an additional 16,072 shares during the last quarter. Finally, FMR LLC grew its position in shares of Entravision Communications by 104.1% during the 3rd quarter. FMR LLC now owns 35,495 shares of the company’s stock valued at $73,000 after acquiring an additional 18,106 shares during the period. Institutional investors own 69.46% of the company’s stock.

Entravision Communications Trading Down 10.3 %

NYSE:EVC opened at $2.27 on Friday. The firm has a market capitalization of $204.28 million, a price-to-earnings ratio of -1.83 and a beta of 0.97. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70. The business has a fifty day moving average price of $2.43 and a 200-day moving average price of $2.17. Entravision Communications Co. has a one year low of $1.33 and a one year high of $4.41.

Entravision Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.81%. Entravision Communications’s payout ratio is currently -16.13%.

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.