American Century Companies Inc. Has $22.41 Million Position in Entravision Communications Co. (NYSE:EVC)

American Century Companies Inc. decreased its position in shares of Entravision Communications Co. (NYSE:EVC) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,534,961 shares of the company’s stock after selling 874,538 shares during the period. American Century Companies Inc. owned about 0.11% of Entravision Communications worth $22,407,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Intech Investment Management LLC acquired a new stake in shares of Entravision Communications in the 4th quarter valued at $71,000. FMR LLC raised its holdings in shares of Entravision Communications by 104.1% during the 3rd quarter. FMR LLC now owns 35,495 shares of the company’s stock worth $73,000 after buying an additional 18,106 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of Entravision Communications during the 3rd quarter worth $80,000. Virtu Financial LLC acquired a new stake in Entravision Communications in the fourth quarter valued at about $81,000. Finally, SG Americas Securities LLC grew its position in Entravision Communications by 62.4% in the fourth 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 during the last quarter. 69.46% of the stock is owned by institutional investors.

Entravision Communications Stock Down 6.1 %

EVC stock opened at $2.10 on Monday. The firm has a 50-day moving average price of $2.14 and a 200-day moving average price of $2.25. Entravision Communications Co. has a 12 month low of $1.58 and a 12 month high of $2.73. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $190.59 million, a P/E ratio of -1.69 and a beta of 0.93.

Entravision Communications Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 9.55%. Entravision Communications’s payout ratio is presently -12.12%.

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.