EverBank Financial Corp (EVER) : Arcus Capital Partners reduced its stake in EverBank Financial Corp by 8.63% during the most recent quarter end. The investment management company now holds a total of 715,808 shares of EverBank Financial Corp which is valued at $13,278,238 after selling 67,607 shares in EverBank Financial Corp , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.EverBank Financial Corp makes up approximately 12.35% of Arcus Capital Partners’s portfolio.
Other Hedge Funds, Including , California State Teachers Retirement System boosted its stake in EVER in the latest quarter, The investment management firm added 10,431 additional shares and now holds a total of 216,004 shares of EverBank Financial Corp which is valued at $4,006,874. EverBank Financial Corp makes up approx 0.01% of California State Teachers Retirement System’s portfolio. Smithfield Trust Co added EVER to its portfolio by purchasing 300 company shares during the most recent quarter which is valued at $5,388. Lasalle Street Capital Management added EVER to its portfolio by purchasing 10,279 company shares during the most recent quarter which is valued at $160,661. EverBank Financial Corp makes up approx 0.15% of Lasalle Street Capital Management’s portfolio.
EverBank Financial Corp opened for trading at $19.09 and hit $19.21 on the upside on Monday, eventually ending the session at $19.2, with a gain of 3.00% or 0.56 points. The heightened volatility saw the trading volume jump to 2,46,05,093 shares. Company has a market cap of $2,406 M.
On the company’s financial health, EverBank Financial Corp reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus of $0.36.Analysts expectations of $ 236.03.During the same quarter in the previous year, the company posted $0.35 EPS.
Many Wall Street Analysts have commented on EverBank Financial Corp. EverBank Financial Corp was Downgraded by Raymond James to ” Mkt Perform” on Jul 27, 2016. Compass Point Downgraded EverBank Financial Corp on Jul 27, 2016 to ” Neutral”, Price Target of the shares are set at $19.50.EverBank Financial Corp was Downgraded by Wells Fargo to ” Market Perform” on Jul 11, 2016.
EverBank Financial Corp is a unitary savings and loan holding company. The Company markets and distributes its banking products and services through its online and mobile financial portal financial centers in targeted Florida markets and other national business relationships. Its consumer and commercial lending businesses target clients through retail and commercial lending offices in metropolitan markets throughout the country. The Company operates in three segments: Consumer Banking Commercial Banking and Corporate Services. Its Consumer Banking segment includes consumer deposit services and activities residential lending and servicing wealth management and capital markets. The Commercial Banking segment includes commercial deposit services and activities commercial and commercial real estate lending lender finance equipment finance and mortgage warehouse finance. Its Corporate Services segment provides support services to the Consumer and Commercial Banking segments.