Wilmington Savings Fund Society FSB Acquires 32 Shares of Everest Group, Ltd. (NYSE:EG)

Wilmington Savings Fund Society FSB lifted its holdings in Everest Group, Ltd. (NYSE:EG) by 19.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 195 shares of the company’s stock after buying an additional 32 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Everest Group were worth $71,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in EG. Sanctuary Advisors LLC bought a new stake in shares of Everest Group in the 2nd quarter worth about $466,000. Vista Investment Partners LLC grew its holdings in Everest Group by 1.1% during the 3rd quarter. Vista Investment Partners LLC now owns 7,819 shares of the company’s stock valued at $3,064,000 after purchasing an additional 86 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in Everest Group by 8.2% during the 3rd quarter. V Square Quantitative Management LLC now owns 767 shares of the company’s stock valued at $301,000 after purchasing an additional 58 shares during the last quarter. Blue Trust Inc. grew its holdings in Everest Group by 179.0% during the 3rd quarter. Blue Trust Inc. now owns 452 shares of the company’s stock valued at $172,000 after purchasing an additional 290 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in Everest Group by 29.6% during the 3rd quarter. Raymond James & Associates now owns 31,966 shares of the company’s stock valued at $12,525,000 after purchasing an additional 7,306 shares during the last quarter. 92.64% of the stock is currently owned by institutional investors.

Everest Group Price Performance

Shares of EG stock opened at $335.77 on Friday. 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’s 50-day simple moving average is $356.79 and its two-hundred day simple moving average is $372.23. Everest Group, Ltd. has a one year low of $327.37 and a one year high of $407.30. The company has a market capitalization of $14.43 billion, a P/E ratio of 10.69, a P/E/G ratio of 0.22 and a beta of 0.65.

Everest Group (NYSE:EG) last released its quarterly earnings data on Monday, February 3rd. The company reported ($18.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.64 by ($30.03). Everest Group had a net margin of 7.95% and a return on equity of 9.04%. As a group, equities analysts anticipate that Everest Group, Ltd. will post 53.11 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Jefferies Financial Group downgraded shares of Everest Group from a “buy” rating to a “hold” rating and upped their price target for the company from $420.00 to $429.00 in a report on Tuesday, November 26th. TD Cowen cut their price target on shares of Everest Group from $444.00 to $419.00 and set a “hold” rating on the stock in a report on Monday, November 18th. Wells Fargo & Company cut their price target on shares of Everest Group from $390.00 to $380.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. BMO Capital Markets cut shares of Everest Group from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $453.00 to $375.00 in a research report on Thursday, January 30th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Everest Group from $420.00 to $434.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Everest Group presently has an average rating of “Hold” and an average price target of $416.50.

About Everest Group

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.