Everest Group Ltd EG continues to witness a rapid movement in its share ownership. Several investment firms have increased their stake in the bio-tech company, including
Magnetar Financial LLC,
Graham Capital Management L.P.,
Adage Capital Partners GP L.L.C., and
Lansforsakringar Fondforvaltning AB publ. On the contrary, institutions like
AQR Capital Management LLC and
Wellington Management Group LLP have reduced their holdings. The company also successfully distributed dividends to its shareholders. With a
consensus rating of 'Moderate Buy' from brokerage companies, Everest presented large gains in its
Q2 earnings, surpassing estimates, and announced the expansion of its
Board of Directors with Laura Hay's appointment. Forecasts for Everest Group's stocks until 2025 expect solid performance. The company also made a significant stride by promoting
Jill Beggs to CEO of the reinsurance division, and appointed
Jiten Voralia as Chief Underwriting Officer, Global Reinsurance. Despite mixed narratives surrounding its swift growth, Everest portrays continuing efforts to lift shares, with promising shareholder returns over the past five years.
Everest Group Ltd EG News Analytics from Mon, 27 Jan 2025 08:00:00 GMT to Sat, 06 Sep 2025 21:41:38 GMT -
Rating 6
- Innovation 6
- Information 7
- Rumor 3
