Barclays PLC elevated its stake in Essent Group Ltd. (NYSE:ESNT – Get Ranking) by 172.1% within the third quarter, in response to its most up-to-date disclosure with the SEC. The institutional investor owned 75,845 shares of the monetary companies supplier’s inventory after buying an extra 47,974 shares through the interval. Barclays PLC owned about 0.07% of Essent Group price $2,646,000 as of its most up-to-date SEC submitting.
A number of different hedge funds and different institutional buyers additionally just lately added to or diminished their stakes within the inventory. Discussion board Monetary Administration LP grew its place in Essent Group by 5.3% within the first quarter. Discussion board Monetary Administration LP now owns 5,589 shares of the monetary companies supplier’s inventory price $230,000 after buying an extra 280 shares within the final quarter. Van ECK Associates Corp lifted its stake in Essent Group by 9.9% within the third quarter. Van ECK Associates Corp now owns 3,281 shares of the monetary companies supplier’s inventory price $114,000 after buying an extra 295 shares over the last quarter. Canada Pension Plan Funding Board lifted its stake in Essent Group by 1.0% within the first quarter. Canada Pension Plan Funding Board now owns 41,000 shares of the monetary companies supplier’s inventory price $1,690,000 after buying an extra 400 shares over the last quarter. Centiva Capital LP lifted its stake in Essent Group by 4.7% within the second quarter. Centiva Capital LP now owns 10,441 shares of the monetary companies supplier’s inventory price $406,000 after buying an extra 465 shares over the last quarter. Lastly, Lazard Asset Administration LLC lifted its stake in Essent Group by 43.9% within the first quarter. Lazard Asset Administration LLC now owns 1,668 shares of the monetary companies supplier’s inventory price $68,000 after buying an extra 509 shares over the last quarter. 92.07% of the inventory is at present owned by hedge funds and different institutional buyers.
Analyst Upgrades and Downgrades
ESNT has been the topic of a number of latest analysis reviews. JPMorgan Chase & Co. lowered their worth goal on shares of Essent Group from $53.00 to $50.00 in a analysis observe on Tuesday, January tenth. Barclays downgraded shares of Essent Group from an “obese” score to an “equal weight” score and lowered their worth goal for the inventory from $54.00 to $43.00 in a analysis observe on Friday, January sixth. Royal Financial institution of Canada lowered their worth goal on shares of Essent Group from $53.00 to $46.00 and set an “outperform” score for the corporate in a analysis observe on Monday, November seventh. The Goldman Sachs Group downgraded shares of Essent Group from a “purchase” score to a “impartial” score and set a $44.00 worth goal for the corporate. in a analysis observe on Thursday, January fifth. Lastly, BTIG Analysis lowered their worth goal on shares of Essent Group from $54.00 to $45.00 in a analysis observe on Friday, November 4th. Three equities analysis analysts have rated the inventory with a maintain score and two have given a purchase score to the corporate. In line with MarketBeat.com, the inventory has a consensus score of “Maintain” and a consensus worth goal of $45.60.
In different information, Director Aditya Dutt bought 6,000 shares of the inventory in a transaction that occurred on Friday, November eleventh. The shares have been bought at a median worth of $39.23, for a complete transaction of $235,380.00. Following the sale, the director now owns 23,023 shares within the firm, valued at $903,192.29. The transaction was disclosed in a submitting with the SEC, which is out there at this hyperlink. Company insiders personal 2.90% of the corporate’s inventory.
Essent Group Value Efficiency
ESNT inventory opened at $44.29 on Thursday. The corporate has a market cap of $4.77 billion, a P/E ratio of 5.55, a PEG ratio of 0.67 and a beta of 1.17. Essent Group Ltd. has a 1 yr low of $34.27 and a 1 yr excessive of $47.26. The agency has a 50-day transferring common of $39.52 and a 200 day transferring common of $39.31.
Essent Group (NYSE:ESNT – Get Ranking) final introduced its quarterly earnings information on Friday, November 4th. The monetary companies supplier reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.11. Essent Group had a web margin of 84.17% and a return on fairness of 20.33%. The enterprise had income of $261.77 million for the quarter, in comparison with analysts’ expectations of $241.69 million. On common, equities analysis analysts count on that Essent Group Ltd. will submit 7.93 earnings per share for the present fiscal yr.
Essent Group Will increase Dividend
The corporate additionally just lately declared a quarterly dividend, which was paid on Monday, December twelfth. Stockholders of file on Thursday, December 1st have been issued a dividend of $0.23 per share. This can be a enhance from Essent Group’s earlier quarterly dividend of $0.22. The ex-dividend date was Wednesday, November thirtieth. This represents a $0.92 dividend on an annualized foundation and a dividend yield of two.08%. Essent Group’s dividend payout ratio is presently 11.53%.
Essent Group Firm Profile
Essent Group Ltd. is a holding firm, which engages within the provision of banking companies. It affords mortgage insurance coverage, reinsurance, and danger administration merchandise. The corporate was based by Mark A. Casale on July 1, 2008 and is headquartered in Hamilton, Bermuda.
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