Jacobs Levy Equity Management Has Lowered Everest Re Group LTD (RE) Position; Efg Asset Management Americas Trimmed Dycom Inds (DY) Position By $1.76 Million

January 13, 2018 - By Peter Erickson

Jacobs Levy Equity Management Inc decreased Everest Re Group Ltd (RE) stake by 84.58% reported in 2017Q3 SEC filing. Jacobs Levy Equity Management Inc sold 42,964 shares as Everest Re Group Ltd (RE)’s stock rose 3.75%. The Jacobs Levy Equity Management Inc holds 7,834 shares with $1.79 million value, down from 50,798 last quarter. Everest Re Group Ltd now has $9.21 billion valuation. The stock increased 0.62% or $1.39 during the last trading session, reaching $224.2. About 277,995 shares traded. Everest Re Group, Ltd. (NYSE:RE) has risen 35.61% since January 13, 2017 and is uptrending. It has outperformed by 18.91% the S&P500.

Efg Asset Management Americas Corp decreased Dycom Inds Inc (DY) stake by 86.37% reported in 2017Q3 SEC filing. Efg Asset Management Americas Corp sold 20,662 shares as Dycom Inds Inc (DY)’s stock rose 33.08%. The Efg Asset Management Americas Corp holds 3,261 shares with $280,000 value, down from 23,923 last quarter. Dycom Inds Inc now has $3.65B valuation. The stock increased 1.85% or $2.15 during the last trading session, reaching $118.09. About 399,385 shares traded. Dycom Industries, Inc. (NYSE:DY) has risen 52.80% since January 13, 2017 and is uptrending. It has outperformed by 36.10% the S&P500.

Among 8 analysts covering Everest Re Group Ltd (NYSE:RE), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Everest Re Group Ltd had 23 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Hold” on Monday, July 24. Keefe Bruyette & Woods upgraded the shares of RE in report on Monday, November 27 to “Hold” rating. The stock of Everest Re Group, Ltd. (NYSE:RE) has “Sell” rating given on Thursday, October 12 by Keefe Bruyette & Woods. UBS maintained it with “Neutral” rating and $245 target in Monday, November 6 report. The rating was maintained by Deutsche Bank with “Buy” on Thursday, May 12. Barclays Capital maintained Everest Re Group, Ltd. (NYSE:RE) rating on Tuesday, October 25. Barclays Capital has “Overweight” rating and $220 target. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, November 15. The company was initiated on Monday, September 11 by Buckingham Research. The stock has “Sell” rating by Keefe Bruyette & Woods on Monday, July 17. The firm has “Hold” rating by Wells Fargo given on Tuesday, January 9.

Since January 8, 2018, it had 1 buy, and 0 insider sales for $500,580 activity. Another trade for 2,285 shares valued at $500,580 was bought by GRAF JOHN A.

Analysts await Everest Re Group, Ltd. (NYSE:RE) to report earnings on February, 5. They expect $5.56 earnings per share, down 37.03% or $3.27 from last year’s $8.83 per share. RE’s profit will be $228.35 million for 10.08 P/E if the $5.56 EPS becomes a reality. After $-16.43 actual earnings per share reported by Everest Re Group, Ltd. for the previous quarter, Wall Street now forecasts -133.84% EPS growth.

Jacobs Levy Equity Management Inc increased Cbre Group Inc Cl A (NYSE:CBG) stake by 31,070 shares to 67,290 valued at $2.55 million in 2017Q3. It also upped Valmont Ind Inc (NYSE:VMI) stake by 5,760 shares and now owns 9,311 shares. Emergent Biosolutions Inc Co (NYSE:EBS) was raised too.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.07, from 1.06 in 2017Q2. It improved, as 46 investors sold RE shares while 128 reduced holdings. 67 funds opened positions while 130 raised stakes. 36.90 million shares or 0.20% more from 36.82 million shares in 2017Q2 were reported. Foster And Motley Incorporated holds 0.47% or 11,852 shares. Korea reported 0.03% of its portfolio in Everest Re Group, Ltd. (NYSE:RE). Hbk Invs LP stated it has 17,400 shares or 0.03% of all its holdings. Utd Automobile Association has invested 0.03% of its portfolio in Everest Re Group, Ltd. (NYSE:RE). Dupont Management has invested 0.26% in Everest Re Group, Ltd. (NYSE:RE). Fmr Ltd Llc, Massachusetts-based fund reported 19,268 shares. Nomura Asset Mgmt has invested 0.02% in Everest Re Group, Ltd. (NYSE:RE). Lombard Odier Asset Mngmt (Switzerland) Sa reported 9,131 shares or 0.2% of all its holdings. Metropolitan Life Insurance Ny invested in 19,488 shares or 0.03% of the stock. Hirtle Callaghan & Ltd Liability Corp accumulated 0% or 88 shares. Pnc Incorporated reported 0% stake. Canada Pension Plan Invest Board has 27,010 shares. Mount Lucas LP holds 1.77% or 42,894 shares in its portfolio. First Republic Mngmt Incorporated owns 12,946 shares or 0.02% of their US portfolio. First Business Fincl Services Incorporated stated it has 1,775 shares or 0.08% of all its holdings.

Efg Asset Management Americas Corp increased Chevron Corp New (NYSE:CVX) stake by 9,082 shares to 18,595 valued at $2.19M in 2017Q3. It also upped Ishares Tr (IGF) stake by 7,959 shares and now owns 26,820 shares. Ishares Tr (ACWI) was raised too.

Analysts await Dycom Industries, Inc. (NYSE:DY) to report earnings on March, 7. They expect $0.32 earnings per share, down 60.98% or $0.50 from last year’s $0.82 per share. DY’s profit will be $9.90M for 92.26 P/E if the $0.32 EPS becomes a reality. After $0.99 actual earnings per share reported by Dycom Industries, Inc. for the previous quarter, Wall Street now forecasts -67.68% negative EPS growth.

Among 9 analysts covering Dycom (NYSE:DY), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Dycom had 30 analyst reports since August 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 5 by Stifel Nicolaus. On Monday, April 11 the stock rating was initiated by Stephens with “Overweight”. DA Davidson downgraded the stock to “Neutral” rating in Thursday, March 2 report. The stock of Dycom Industries, Inc. (NYSE:DY) has “Buy” rating given on Wednesday, May 11 by Canaccord Genuity. The stock of Dycom Industries, Inc. (NYSE:DY) has “Buy” rating given on Tuesday, December 15 by DA Davidson. Stifel Nicolaus maintained the shares of DY in report on Thursday, August 31 with “Buy” rating. KeyBanc Capital Markets upgraded Dycom Industries, Inc. (NYSE:DY) on Wednesday, August 30 to “Overweight” rating. The stock of Dycom Industries, Inc. (NYSE:DY) earned “Buy” rating by Stifel Nicolaus on Sunday, December 10. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, August 30. FBR Capital maintained the stock with “Outperform” rating in Thursday, August 25 report.

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