State Street Corp increased its stake in shares of EverBank Financial Corp (NYSE:EVER) by 8.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,815,403 shares of the financial services provider’s stock after buying an additional 138,437 shares during the period. State Street Corp owned about 1.43% of EverBank Financial Corp worth $35,310,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in EVER. Tower Research Capital LLC TRC boosted its stake in EverBank Financial Corp by 112.3% in the third quarter. Tower Research Capital LLC TRC now owns 5,377 shares of the financial services provider’s stock valued at $104,000 after buying an additional 2,844 shares during the last quarter. Cowen Prime Services LLC bought a new position in shares of EverBank Financial Corp during the third quarter valued at about $170,000. Sphinx Trading LP bought a new position in shares of EverBank Financial Corp during the third quarter valued at about $194,000. DUPONT CAPITAL MANAGEMENT Corp bought a new position in shares of EverBank Financial Corp during the third quarter valued at about $304,000. Finally, IndexIQ Advisors LLC bought a new position in shares of EverBank Financial Corp during the third quarter valued at about $466,000. Hedge funds and other institutional investors own 80.85% of the company’s stock.
Shares of EverBank Financial Corp (NYSE:EVER) remained flat at $19.47 on Friday. The company’s stock had a trading volume of 348,370 shares. EverBank Financial Corp has a 52 week low of $13.37 and a 52 week high of $19.52. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 18.37 and a beta of 0.67. The company has a 50 day moving average price of $19.46 and a 200-day moving average price of $19.40.
EverBank Financial Corp (NYSE:EVER) last posted its quarterly earnings results on Friday, January 27th. The financial services provider reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.02. The company earned $264.30 million during the quarter. EverBank Financial Corp had a return on equity of 10.68% and a net margin of 12.44%. EverBank Financial Corp’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.30 earnings per share. Analysts forecast that EverBank Financial Corp will post $1.45 EPS for the current fiscal year.
In other EverBank Financial Corp news, Director Joseph D. Hinkel sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $19.46, for a total transaction of $38,920.00. Following the transaction, the director now owns 18,800 shares of the company’s stock, valued at approximately $365,848. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Mylod, Jr. sold 5,000 shares of the firm’s stock in a transaction dated Monday, April 3rd. The shares were sold at an average price of $19.47, for a total transaction of $97,350.00. Following the transaction, the director now directly owns 471,915 shares in the company, valued at approximately $9,188,185.05. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock worth $233,620 in the last ninety days. 21.03% of the stock is currently owned by insiders.
EverBank Financial Corp Company Profile
EverBank Financial Corp is a unitary savings and loan holding company. The Company is also a diversified financial services company that provides a range of financial products and services to individuals, as well as small and mid-size business clients nationwide through channels that are connected by technology-driven, centralized platforms, which provide operating leverage throughout its business.
What are top analysts saying about EverBank Financial Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for EverBank Financial Corp and related companies.