Dimensional Fund Advisors LP Lowers Stock Holdings in Entravision Communications Co. (NYSE:EVC)

Dimensional Fund Advisors LP reduced its position in shares of Entravision Communications Co. (NYSE:EVC - Free Report) by 5.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,990,489 shares of the company's stock after selling 177,740 shares during the period. Dimensional Fund Advisors LP owned approximately 3.32% of Entravision Communications worth $7,028,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EVC. Barclays PLC increased its position in shares of Entravision Communications by 4.2% in the 4th quarter. Barclays PLC now owns 176,171 shares of the company's stock worth $414,000 after purchasing an additional 7,103 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Entravision Communications by 30.4% in the 4th quarter. Wells Fargo & Company MN now owns 34,969 shares of the company's stock valued at $82,000 after acquiring an additional 8,159 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Entravision Communications by 62.4% in the 4th quarter. SG Americas Securities LLC now owns 34,842 shares of the company's stock valued at $82,000 after acquiring an additional 13,391 shares in the last quarter. Walleye Capital LLC purchased a new stake in Entravision Communications in the 4th quarter worth approximately $32,000. Finally, JPMorgan Chase & Co. lifted its position in Entravision Communications by 57.5% in the 4th quarter. JPMorgan Chase & Co. now owns 44,897 shares of the company's stock worth $106,000 after buying an additional 16,391 shares in the last quarter. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Entravision Communications Stock Performance

NYSE:EVC traded up $0.01 during midday trading on Tuesday, reaching $2.02. The stock had a trading volume of 187,603 shares, compared to its average volume of 353,349. Entravision Communications Co. has a 1-year low of $1.58 and a 1-year high of $2.73. The firm's fifty day simple moving average is $1.95 and its 200-day simple moving average is $2.21. 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 stock has a market capitalization of $183.32 million, a P/E ratio of -1.62 and a beta of 1.47.

Entravision Communications (NYSE:EVC - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter. Entravision Communications had a negative net margin of 14.25% and a negative return on equity of 12.03%.

Entravision Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 9.93%. The ex-dividend date of this dividend is Monday, June 16th. Entravision Communications's payout ratio is presently -12.27%.

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.