Evercore Partners Inc (NYSE:EVR) is expected to pay $0.34 on Dec 9, 2016. The indicated annual dividend is $1.36. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Evercore Partners Inc’s current price of $65.55, the dividend is 0.52%. This dividend’s record date is Nov 25, 2016 and the announcement date is Oct 26, 2016. The stock increased 0.08% or $0.05 on November 18, hitting $65.55. Evercore Partners Inc. (NYSE:EVR) has risen 28.86% since April 19, 2016 and is uptrending. It has outperformed by 25.00% the S&P500.
Evercore Partners Inc. is an independent investment banking advisory firm. The company has a market cap of $3.01 billion. The Firm operates through two business divisions: Investment Banking and Investment Management. It has a 34.19 P/E ratio. The Company’s Investment Banking segment includes the Company’s Advisory services, through which Evercore provides advice to clients on mergers, acquisitions, divestitures and other strategic corporate transactions, with a particular focus on advising multinational firms and private equity firms on various transactions.
Insitutional Activity: The institutional sentiment decreased to 1.05 in 2016 Q2. Its down 0.02, from 1.07 in 2016Q1. The ratio dived, as 36 funds sold all Evercore Partners Inc. shares owned while 66 reduced positions. 37 funds bought stakes while 72 increased positions. They now own 34.38 million shares or 1.72% less from 34.98 million shares in 2016Q1.
Teachers Advsr has 0.02% invested in the company for 313,887 shares. Blackrock Institutional Trust Na accumulated 1.03M shares or 0.01% of the stock. Blackrock Mngmt Limited Liability last reported 0.01% of its portfolio in the stock. Copeland Cap Management Ltd Co, a Pennsylvania-based fund reported 250,213 shares. Los Angeles Mngmt & Equity Rech holds 4,620 shares or 0% of its portfolio. Envestnet Asset Mngmt has invested 0% of its portfolio in Evercore Partners Inc. (NYSE:EVR). The Maryland-based Brown Management Ltd Liability Corporation has invested 0.06% in Evercore Partners Inc. (NYSE:EVR). Jpmorgan Chase Comm accumulated 0.01% or 887,195 shares. South Dakota Inv Council owns 91,960 shares or 0.09% of their US portfolio. Smith Asset Gp L P accumulated 0% or 2,124 shares. Royal Retail Bank Of Canada holds 0% of its portfolio in Evercore Partners Inc. (NYSE:EVR) for 133,063 shares. Renaissance Grp Inc Lc reported 5,723 shares or 0.01% of all its holdings. Halsey Ct last reported 243,822 shares in the company. Monarch Prns Asset Limited Liability holds 0.25% or 56,748 shares in its portfolio. Texas Permanent School Fund, a Texas-based fund reported 30,339 shares.
Insider Transactions: Since August 10, 2016, the stock had 0 buys, and 6 insider sales for $27.23 million net activity. SCHLOSSTEIN RALPH had sold 73,374 shares worth $3.80 million on Monday, August 15. 125,000 shares were sold by SIBBALD ANDREW, worth $6.40M on Tuesday, August 23.
Evercore Partners Inc. (NYSE:EVR) Ratings Coverage
Out of 8 analysts covering Evercore Partners (NYSE:EVR), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. Evercore Partners has been the topic of 15 analyst reports since September 8, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded Evercore Partners Inc. (NYSE:EVR) on Tuesday, January 12 to “Conviction Buy” rating. As per Friday, November 18, the company rating was downgraded by JMP Securities. The firm has “Hold” rating given on Wednesday, March 16 by Craig Hallum. The firm has “Positive” rating by Susquehanna given on Monday, October 12. The company was maintained on Thursday, February 4 by UBS. The firm has “Neutral” rating given on Monday, November 9 by Nomura. As per Friday, October 28, the company rating was upgraded by Nomura. The stock of Evercore Partners Inc. (NYSE:EVR) has “Neutral” rating given on Tuesday, November 10 by Susquehanna.
More news for Evercore Partners Inc. (NYSE:EVR) were recently published by: Bloomberg.com, which released: “Evercore’s John Weinberg Set for $94 Million in Cash, Stock” on November 18, 2016. Bloomberg.com‘s article titled: “Evercore Adds Ex-Goldman Banker John Weinberg as Chairman” and published on November 16, 2016 is yet another important article.
EVR Company Profile
Evercore Partners Inc. (Evercore), incorporated on July 21, 2005, is an independent investment banking advisory firm. The Firm operates through two business divisions: Investment Banking and Investment Management.
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