Everest Group Ltd, EG, has seen a flurry of activity, with several asset management companies increasing and decreasing their positions.
Integrated Wealth Concepts bought close to 8,000 shares while
Zimmer Partners and
Woodline Partners took significant multi-million-dollar positions. However,
Empowered Funds and
Intech Investment Management decreased their holdings. Other prominent investments came from
Amundi,
Great Lakes Advisors, and
Adage Capital Partners.
EG’s Q2 earnings and revenues outperformed estimates. The firm received a "Moderate Buy" rating from brokerages and announced dividends, indicating a sound financial health.
Everest also expanded their board of directors with key appointments. The company's Q4 2024 earnings call highlighted strategic reserve strengthening. Despite pricing fears, it holds potential for upside and trades at a discount to industry. Some consider it undervalued, making it a wise buy. Finally, despite growing fast, Everest is treading with caution, ensuring steady progress.
Everest Group Ltd EG News Analytics from Wed, 08 Jan 2025 08:00:00 GMT to Sat, 13 Sep 2025 23:26:44 GMT -
Rating 6
- Innovation 8
- Information 8
- Rumor 4
