Jacobs Levy Equity Management Inc. Has $634,000 Stock Position in Entravision Communications Co. (NYSE:EVC)

Jacobs Levy Equity Management Inc. lifted its position in shares of Entravision Communications Co. (NYSE:EVC - Free Report) by 594.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 269,653 shares of the company's stock after purchasing an additional 230,845 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.30% of Entravision Communications worth $634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of EVC. The Manufacturers Life Insurance Company bought a new stake in Entravision Communications in the fourth quarter valued at $29,000. Walleye Capital LLC bought a new stake in Entravision Communications in the fourth quarter valued at $32,000. Graham Capital Management L.P. grew its position in Entravision Communications by 56.9% in the fourth quarter. Graham Capital Management L.P. now owns 17,026 shares of the company's stock valued at $40,000 after acquiring an additional 6,175 shares during the period. Marshall Wace LLP acquired a new position in Entravision Communications in the fourth quarter worth $45,000. Finally, MetLife Investment Management LLC acquired a new position in Entravision Communications in the fourth quarter worth $46,000. Institutional investors and hedge funds own 69.46% of the company's stock.

Entravision Communications Price Performance

Entravision Communications stock traded up $0.03 on Wednesday, reaching $1.91. The company's stock had a trading volume of 266,303 shares, compared to its average volume of 346,809. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.70 and a current ratio of 2.70. The company has a market cap of $173.31 million, a price-to-earnings ratio of -1.54 and a beta of 1.47. The business's fifty day moving average price is $1.96 and its 200 day moving average price is $2.19. Entravision Communications Co. has a twelve month low of $1.58 and a twelve month high of $2.73.

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

Entravision Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 10.50%. The ex-dividend date of this dividend is Monday, June 16th. Entravision Communications's dividend payout ratio (DPR) 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.