OMERS ADMINISTRATION Corp boosted its stake in shares of EverBank Financial Corp (NYSE:EVER) by 28.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 223,200 shares of the financial services provider’s stock after buying an additional 49,500 shares during the period. OMERS ADMINISTRATION Corp’s holdings in EverBank Financial Corp were worth $4,348,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameritas Investment Partners Inc. purchased a new position in shares of EverBank Financial Corp during the first quarter valued at $173,000. Karp Capital Management Corp purchased a new position in shares of EverBank Financial Corp during the first quarter valued at $198,000. Capital Fund Management S.A. purchased a new position in shares of EverBank Financial Corp during the first quarter valued at $261,000. Russell Investments Group Ltd. boosted its position in shares of EverBank Financial Corp by 6,093.2% in the first quarter. Russell Investments Group Ltd. now owns 15,421 shares of the financial services provider’s stock valued at $301,000 after buying an additional 15,172 shares in the last quarter. Finally, Rational Advisors LLC purchased a new position in shares of EverBank Financial Corp during the first quarter valued at $312,000. 80.85% of the stock is owned by institutional investors and hedge funds.
Shares of EverBank Financial Corp (NYSE:EVER) traded down 0.21% on Friday, reaching $19.41. The company had a trading volume of 585,711 shares. The firm has a market cap of $2.48 billion, a P/E ratio of 17.04 and a beta of 0.67. EverBank Financial Corp has a one year low of $13.71 and a one year high of $19.52. The company has a 50-day moving average price of $19.47 and a 200-day moving average price of $19.42.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 19th. Stockholders of record on Thursday, May 11th will be paid a $0.06 dividend. The ex-dividend date is Tuesday, May 9th. This represents a $0.24 annualized dividend and a dividend yield of 1.23%. EverBank Financial Corp’s dividend payout ratio (DPR) is currently 22.86%.
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In other news, Director Robert J. Mylod, Jr. sold 5,000 shares of EverBank Financial Corp stock in a transaction on Monday, April 3rd. The stock was sold at an average price of $19.47, for a total value of $97,350.00. Following the completion of the sale, the director now directly owns 471,915 shares of the company’s stock, valued at approximately $9,188,185.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph D. Hinkel sold 2,000 shares of EverBank Financial Corp stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $19.46, for a total value of $38,920.00. Following the completion of the sale, the director now directly owns 18,800 shares of the company’s stock, valued at $365,848. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock valued at $233,620 over the last three months. Insiders own 21.03% of the company’s stock.
About EverBank Financial Corp
EverBank Financial Corp is a unitary savings and loan holding company. The Company is also a diversified financial services company that provides a range of financial products and services to individuals, as well as small and mid-size business clients nationwide through channels that are connected by technology-driven, centralized platforms, which provide operating leverage throughout its business.
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