Published on 30 Nov 2020 on Insider Monkey via Yahoo Finance
At Insider Monkey, we pore over the filings of nearly 817 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of September 30. In this article, we will use that wealth of knowledge to determine whether or not Entravision Communications Corporation (NYSE:EVC) makes for a good investment right now.
Is EVC a good stock to buy now? The best stock pickers were cutting their exposure. The number of bullish hedge fund positions went down by 1 lately. Entravision Communications Corporation (NYSE:EVC) was in 9 hedge funds' portfolios at the end of the third quarter of 2020. The all time high for this statistics is 25. Our calculations also showed that EVC isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video for a quick look at the top 5 stocks).