Everest Group Ltd. (EG) holds a Moderate Buy recommendation from brokerages despite underperforming compared to competitors for some days. Investors who held EG for 3 years have seen a 64% return, despite stock and business lagging generally. Steady investors like B. Riley Wealth Advisors and MBB Public Markets I LLC continue to acquire shares. Impressively, the stock outperforms competitors on strong trading days and is heading into ex-dividend action. Certain investment entities, such as Skandinaviska Enskilda Banken and SEI Investments, have sold off their share, adding volatility to the stock. The shares are being bought by entities like Amalgamated Bank and Seven Eight Capital LP. There have been instances of missed revenue and earnings failed to meet analysts' estimates, inducing revision of models. The company experienced a revenue miss of 5.4%. Other key financial entities who have increased their holdings in the company are Mercer Global Advisors and William Blair Investment Management. Notably, the group has appointed Bill Hazelton to lead its North America Insurance business. The company is transforming with a rebrand to reflect its global growth and diversification strategy.
Everest Group Ltd EG News Analytics from Tue, 31 Mar 2015 07:00:00 GMT to Sat, 05 Oct 2024 11:20:37 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -2
