4,695 Shares in Everest Group, Ltd. (NYSE:EG) Purchased by Vista Investment Partners II LLC

Vista Investment Partners II LLC acquired a new stake in Everest Group, Ltd. (NYSE:EG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 4,695 shares of the company’s stock, valued at approximately $1,702,000.

A number of other large investors have also recently bought and sold shares of EG. Principal Financial Group Inc. boosted its holdings in shares of Everest Group by 5.5% in the 3rd quarter. Principal Financial Group Inc. now owns 53,892 shares of the company’s stock worth $21,117,000 after acquiring an additional 2,818 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of Everest Group during the third quarter worth approximately $340,000. Verdence Capital Advisors LLC bought a new position in Everest Group in the 3rd quarter worth approximately $389,000. Mesirow Financial Investment Management Inc. acquired a new position in Everest Group during the 3rd quarter worth $262,000. Finally, Covestor Ltd lifted its holdings in Everest Group by 9.0% during the 3rd quarter. Covestor Ltd now owns 520 shares of the company’s stock worth $204,000 after buying an additional 43 shares in the last quarter. 92.64% of the stock is currently owned by institutional investors.

Everest Group Trading Up 0.1 %

NYSE EG opened at $363.88 on Monday. The company has a market cap of $15.62 billion, a PE ratio of 11.58, a PEG ratio of 0.24 and a beta of 0.61. Everest Group, Ltd. has a 12 month low of $327.37 and a 12 month high of $407.30. The stock has a 50 day moving average of $352.43 and a 200-day moving average of $369.48. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26.

Everest Group (NYSE:EG) last released its quarterly earnings data on Monday, February 3rd. The company reported ($18.39) earnings per share for the quarter, missing the consensus estimate of $11.64 by ($30.03). Everest Group had a return on equity of 9.04% and a net margin of 7.95%. On average, equities research analysts anticipate that Everest Group, Ltd. will post 47.93 EPS for the current fiscal year.

Everest Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 17th will be paid a dividend of $2.00 per share. The ex-dividend date is Monday, March 17th. This represents a $8.00 annualized dividend and a dividend yield of 2.20%. Everest Group’s dividend payout ratio is currently 25.47%.

Analyst Ratings Changes

A number of research analysts have issued reports on EG shares. Morgan Stanley restated an “equal weight” rating and set a $340.00 target price (down from $425.00) on shares of Everest Group in a research report on Wednesday, February 5th. Wells Fargo & Company lowered their price objective on shares of Everest Group from $390.00 to $380.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. BMO Capital Markets cut Everest Group from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $453.00 to $375.00 in a research note on Thursday, January 30th. Keefe, Bruyette & Woods lifted their price objective on Everest Group from $420.00 to $434.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Finally, Barclays increased their target price on Everest Group from $461.00 to $470.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $416.50.

Everest Group Company Profile

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.