Mizuho Securities USA LLC and
Sumitomo Mitsui Trust Group Inc. have increased their holdings in
Everest Group Ltd. A strategic SWOT insight is conducted, with no immediate details revealed. Despite occasional underperformance, Everest's stock has generally proven resilient, often outperforming competitors. In an attempt to return benefits to its shareholders, Everest announced a
10M share buyback, and a
$2.00 dividend. However, the firm saw its price target slightly downgraded to
$372 from $383 by BMO Capital. Various investment groups have adjusted their positions in Everest, with some trimming, others increasing and others initiating fresh stakes. Everest's revenue numbers missed earnings expectations leading to some executives selling shares. Despite the harsh reinsurance market, Everest is noted to be among the best in the industry.
William Galtney further increased his shares in Everest Group, indicating insider confidence. Everest's third quarter results show expansion of Share Repurchase Program by 10 Million and a quarterly dividend of $2.00.
Everest Group Ltd EG News Analytics from Wed, 07 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 15:03:47 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor 1
