Boston Trust Walden Corp lessened its position in Everest Group, Ltd. (NYSE:EG - Free Report) by 97.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,000 shares of the company's stock after selling 31,886 shares during the quarter. Boston Trust Walden Corp's holdings in Everest Group were worth $362,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in EG. Bruce G. Allen Investments LLC increased its stake in shares of Everest Group by 200.0% during the third quarter. Bruce G. Allen Investments LLC now owns 78 shares of the company's stock valued at $31,000 after purchasing an additional 52 shares in the last quarter. Eastern Bank bought a new stake in Everest Group in the 3rd quarter worth approximately $35,000. Brooklyn Investment Group purchased a new position in shares of Everest Group during the 3rd quarter worth $39,000. Private Trust Co. NA boosted its stake in shares of Everest Group by 51.7% during the 3rd quarter. Private Trust Co. NA now owns 132 shares of the company's stock worth $52,000 after acquiring an additional 45 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Everest Group in the 3rd quarter worth $64,000. 92.64% of the stock is currently owned by hedge funds and other institutional investors.
Everest Group Stock Up 0.5 %
Shares of Everest Group stock traded up $1.72 during trading hours on Friday, hitting $338.02. The company had a trading volume of 560,146 shares, compared to its average volume of 451,300. The company's 50-day moving average is $360.50 and its two-hundred day moving average is $373.44. Everest Group, Ltd. has a twelve month low of $333.05 and a twelve month high of $407.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.40 and a quick ratio of 0.40. The company has a market cap of $14.53 billion, a P/E ratio of 10.76, a price-to-earnings-growth ratio of 0.22 and a beta of 0.65.
Everest Group (NYSE:EG - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported ($18.39) EPS for the quarter, missing analysts' consensus estimates of $11.64 by ($30.03). Everest Group had a return on equity of 9.04% and a net margin of 7.95%. Analysts anticipate that Everest Group, Ltd. will post 53.11 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have commented on EG shares. BMO Capital Markets downgraded shares of Everest Group from an "outperform" rating to a "market perform" rating and dropped their price objective for the company from $453.00 to $375.00 in a report on Thursday, January 30th. Keefe, Bruyette & Woods increased their price objective on shares of Everest Group from $420.00 to $434.00 and gave the stock an "outperform" rating in a research report on Friday, January 10th. TD Cowen reduced their target price on shares of Everest Group from $444.00 to $419.00 and set a "hold" rating on the stock in a research report on Monday, November 18th. Barclays increased their price objective on shares of Everest Group from $461.00 to $470.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, Wells Fargo & Company dropped their price objective on shares of Everest Group from $390.00 to $380.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $411.89.
Get Our Latest Analysis on EG
Insider Buying and Selling at Everest Group
In related news, COO James Allan Williamson sold 200 shares of the firm's stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $370.00, for a total value of $74,000.00. Following the transaction, the chief operating officer now owns 15,009 shares in the company, valued at approximately $5,553,330. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.20% of the stock is currently owned by insiders.
Everest Group Profile
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Free Report)
Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom.
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