Gabelli Funds LLC Boosts Stock Holdings in Entravision Communications Co. (NYSE:EVC)

Gabelli Funds LLC boosted its stake in Entravision Communications Co. (NYSE:EVCFree Report) by 11.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,000 shares of the company’s stock after buying an additional 3,000 shares during the period. Gabelli Funds LLC’s holdings in Entravision Communications were worth $110,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its stake in shares of Entravision Communications by 103.6% during the third quarter. Tower Research Capital LLC TRC now owns 7,245 shares of the company’s stock worth $28,000 after buying an additional 3,687 shares during the period. State of Wyoming acquired a new position in Entravision Communications in the second quarter valued at approximately $29,000. UBS Group AG acquired a new position in Entravision Communications in the third quarter valued at approximately $31,000. Quadrature Capital Ltd acquired a new position in Entravision Communications in the third quarter valued at approximately $41,000. Finally, Meeder Asset Management Inc. boosted its holdings in Entravision Communications by 32.9% in the fourth quarter. Meeder Asset Management Inc. now owns 8,717 shares of the company’s stock valued at $42,000 after purchasing an additional 2,156 shares in the last quarter. 72.40% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Entravision Communications from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st.

Check Out Our Latest Report on Entravision Communications

Entravision Communications Stock Performance

Shares of EVC opened at $4.00 on Monday. The company has a market capitalization of $352 million, a price-to-earnings ratio of 400.40 and a beta of 1.13. Entravision Communications Co. has a 52-week low of $3.35 and a 52-week high of $7.09. The stock has a 50 day moving average price of $4.12 and a 200 day moving average price of $3.96. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.84.

Entravision Communications Profile

(Free Report)

Entravision Communications Corporation operates as an advertising, media, and technology solutions company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics across acculturation levels and media channels. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.

Further Reading

Institutional Ownership by Quarter for Entravision Communications (NYSE:EVC)

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