November 23, 2016 - By Ellis Scott
The well informed man William Wilson who is President and COO of Everbank Financial Corp unloaded 118,718 shares of the corporation having an approx. value of $2,294,866 U.S Dollars totalled based on $19.3 per each share. William is trying to quietly decrease his company’s share, same as he did in the last 30 days. He sold another 103,700 shares worth $2,003,621 USD. The regulatory filing shows that William Wilson now possess about 0.39% of the Florida-based company’s market capitalization This stock trade by Mr. William – was dated on November 23, 2016 and made public in a SEC’s Form 4 available here.
Out of 7 analysts covering EverBank Financial (NYSE:EVER), 0 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 0 are positive. $22 is the highest target while $17 is the lowest. The $19 average target is -1.71% below today’s ($19.33) stock price. EverBank Financial has been the topic of 17 analyst reports since October 29, 2015 according to StockzIntelligence Inc. Raymond James downgraded EverBank Financial Corp (NYSE:EVER) rating on Thursday, April 28. Raymond James has “Outperform” rating and $17 price target. The rating was downgraded by Sandler O’Neill to “Hold” on Tuesday, July 26. Bank of America downgraded the stock to “Underperform” rating in Friday, October 30 report. As per Wednesday, May 18, the company rating was upgraded by Sandler O’Neill. The firm has “Strong Buy” rating by Raymond James given on Thursday, January 7. As per Monday, July 11, the company rating was downgraded by Wells Fargo. The stock has “Neutral” rating given by Compass Point on Wednesday, July 27. The stock of EverBank Financial Corp (NYSE:EVER) has “Hold” rating given on Tuesday, August 9 by Maxim Group. The stock of EverBank Financial Corp (NYSE:EVER) has “Hold” rating given on Tuesday, November 17 by Sandler O’Neill. The rating was downgraded by Raymond James on Wednesday, July 27 to “Market Perform”.
Insitutional Activity: The institutional sentiment decreased to 1.03 in 2016 Q2. Its down 0.08, from 1.11 in 2016Q1. The ratio is negative, as 19 funds sold all EverBank Financial Corp shares owned while 42 reduced positions. 19 funds bought stakes while 49 increased positions. They now own 99.62 million shares or 0.94% less from 100.57 million shares in 2016Q1.
Alpine Woods Cap Investors Ltd Company owns 98,000 shares or 0.09% of their US portfolio. Citadel Advsr Ltd Liability Com holds 0.02% of its portfolio in EverBank Financial Corp (NYSE:EVER) for 1.21M shares. Brandywine Investment Management Limited Liability Company, a Pennsylvania-based fund reported 300,487 shares. Maltese Management Ltd Liability Corporation holds 245,000 shares or 0.45% of its portfolio. Aqr Cap Mgmt Ltd Liability Co holds 0% of its portfolio in EverBank Financial Corp (NYSE:EVER) for 24,494 shares. Parkside Financial Bank Tru, a Missouri-based fund reported 456 shares. Dimensional Fund Lp, a Texas-based fund reported 3.17M shares. Moreover, California State Teachers Retirement has 0.01% invested in EverBank Financial Corp (NYSE:EVER) for 216,004 shares. The Ohio-based Johnson Counsel Inc has invested 0.53% in EverBank Financial Corp (NYSE:EVER). Savings Bank Of Ny Mellon Corp accumulated 0% or 463,155 shares. Legal & General Gru Public Limited Liability holds 0% of its portfolio in EverBank Financial Corp (NYSE:EVER) for 24,050 shares. Moreover, Nuveen Asset Mngmt Limited Liability Company has 0.04% invested in EverBank Financial Corp (NYSE:EVER) for 396,457 shares. Gamco Investors Et Al last reported 21,300 shares in the company. Profit Investment Mgmt Lc last reported 1.02% of its portfolio in the stock. Northern Trust Corp last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since July 25, 2016, the stock had 0 buys, and 10 sales for $84.04 million net activity. Surface John S sold 421,222 shares worth $8.13M. On Monday, August 1 MYLOD ROBERT J JR sold $89,744 worth of the stock or 5,000 shares. 103,700 shares were sold by Wilson William Blake, worth $2.00M on Monday, November 14. The insider Fischer Steven sold 3,500 shares worth $67,585. STUART SCOTT M sold $63.10M worth of stock or 3.30 million shares.
About 498,473 shares traded hands. EverBank Financial Corp (NYSE:EVER) has risen 23.79% since April 21, 2016 and is uptrending. It has outperformed by 18.46% the S&P500.
EverBank Financial Corp is a unitary savings and loan holding company. The company has a market cap of $2.43 billion. The Firm is a financial services firm that provides a range of financial services and products to individuals, as well as small and mid-size business clients nationwide. It has a 20.16 P/E ratio. It operates through three divisions: Consumer Banking, Commercial Banking and Corporate Services.
According to Zacks Investment Research, “EverBank Financial Corp is a diversified financial services company engaged in providing banking, lending and investing products and services. It originates, invests in, sells and services residential mortgage loans, equipment leases and various other consumer and commercial loans. EverBank has three operating business segments: Banking and Wealth Management, Mortgage Banking and Corporate Services. Its Banking and Wealth Management segment primarily includes earnings generated by and activities related to deposit and investment products and services and portfolio lending and leasing activities. The Mortgage Banking segment primarily consists of activities related to the origination and servicing of residential mortgage loans. It provides services to customers through websites, over the phone, through the mail and through financial centers. EverBank Financial Corp is based in Jacksonville, Florida.”
Analysts await EverBank Financial Corp (NYSE:EVER) to report earnings on January, 25. They expect $0.35 earnings per share, up 2.94% or $0.01 from last year’s $0.34 per share. EVER’s profit will be $44.00 million for 13.81 P/E if the $0.35 EPS becomes a reality. After $0.40 actual earnings per share reported by EverBank Financial Corp for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.
More notable recent EverBank Financial Corp (NYSE:EVER) news were published by: Jacksonville.com which released: “Jacksonville’s EverBank Financial Corp. officially up for sale for $2.5 billion” on July 26, 2016, also Reuters.com with their article: “BRIEF-Everbank Financial Corp announces stockholder approval of merger” published on November 09, 2016, Businesswire.com published: “EverBank Financial Corp Announces Stockholder Approval of Merger” on November 09, 2016. More interesting news about EverBank Financial Corp (NYSE:EVER) were released by: Businesswire.com and their article: “EverBank Financial Corp Announces Third Quarter 2016 Financial Results” published on October 28, 2016 as well as Businesswire.com‘s news article titled: “EverBank Financial Corp Announces Third Quarter 2016 Earnings Date” with publication date: September 23, 2016.
EverBank Financial Corp, incorporated on September 27, 2010, is a unitary savings and loan holding company. The Firm is a financial services firm that provides a range of financial services and products to individuals, as well as small and mid-size business clients nationwide. The Firm operates through three divisions: Consumer Banking, Commercial Banking and Corporate Services. The Company’s Consumer Banking segment includes consumer deposit services and activities, residential lending and servicing, wealth management and capital markets. The Company’s Commercial Banking segment includes commercial deposit services and activities, commercial and commercial real estate lending, lender finance, equipment finance and leasing, mortgage warehouse finance and commercial deposits. The Firm markets and distributes its banking services and products primarily through its online and mobile financial portal, financial centers in Florida markets and other national business relationships.
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By Ellis Scott