Evercore Partners (EVR) Shareholder California Public Employees Retirement System Has Decreased Its Stake as Stock Declined; Dr Pepper Snapple Group (DPS) Market Value Rose While Guardian Capital LP Lowered Its Position by $2.33 Million

April 17, 2018 - By Pete Kolinski

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Logo

California Public Employees Retirement System decreased its stake in Evercore Partners Inc (EVR) by 4.05% based on its latest 2017Q4 regulatory filing with the SEC. California Public Employees Retirement System sold 3,581 shares as the company’s stock declined 9.16% with the market. The institutional investor held 84,804 shares of the investment managers company at the end of 2017Q4, valued at $7.63 million, down from 88,385 at the end of the previous reported quarter. California Public Employees Retirement System who had been investing in Evercore Partners Inc for a number of months, seems to be less bullish one the $4.18 billion market cap company. The stock increased 0.85% or $0.8 during the last trading session, reaching $94.75. About 314,701 shares traded. Evercore Inc. (NYSE:EVR) has risen 10.25% since April 17, 2017 and is uptrending. It has underperformed by 1.30% the S&P500.

Guardian Capital Lp decreased its stake in Dr Pepper Snapple Group Inc (DPS) by 22.84% based on its latest 2017Q4 regulatory filing with the SEC. Guardian Capital Lp sold 24,037 shares as the company’s stock rose 23.05% while stock markets declined. The institutional investor held 81,205 shares of the consumer non-durables company at the end of 2017Q4, valued at $7.88M, down from 105,242 at the end of the previous reported quarter. Guardian Capital Lp who had been investing in Dr Pepper Snapple Group Inc for a number of months, seems to be less bullish one the $21.75 billion market cap company. The stock decreased 0.03% or $0.04 during the last trading session, reaching $121. About 859,071 shares traded. Dr Pepper Snapple Group, Inc. (NYSE:DPS) has risen 21.65% since April 17, 2017 and is uptrending. It has outperformed by 10.10% the S&P500.

Guardian Capital Lp, which manages about $6.78 billion US Long portfolio, upped its stake in Vermilion Energy Inc (NYSE:VET) by 203,946 shares to 3.04M shares, valued at $110.89M in 2017Q4, according to the filing. It also increased its holding in Thomson Reuters Corp (NYSE:TRI) by 178,083 shares in the quarter, for a total of 1.72M shares, and has risen its stake in Fresenius Med Care Ag&Co Kga (NYSE:FMS).

Analysts await Dr Pepper Snapple Group, Inc. (NYSE:DPS) to report earnings on April, 25 before the open. They expect $1.03 earnings per share, up 1.98% or $0.02 from last year’s $1.01 per share. DPS’s profit will be $185.14 million for 29.37 P/E if the $1.03 EPS becomes a reality. After $1.17 actual earnings per share reported by Dr Pepper Snapple Group, Inc. for the previous quarter, Wall Street now forecasts -11.97% negative EPS growth.

Among 21 analysts covering Dr Pepper Snapple (NYSE:DPS), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Dr Pepper Snapple had 76 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $11200 target in Thursday, July 6 report. The rating was maintained by RBC Capital Markets on Tuesday, October 24 with “Hold”. The company was maintained on Wednesday, February 14 by Cowen & Co. The rating was maintained by Stifel Nicolaus on Thursday, February 18 with “Buy”. The rating was maintained by Jefferies with “Buy” on Monday, September 11. The firm has “Sell” rating given on Wednesday, June 29 by Goldman Sachs. The firm earned “Hold” rating on Friday, May 26 by Susquehanna. The stock of Dr Pepper Snapple Group, Inc. (NYSE:DPS) has “Hold” rating given on Thursday, July 13 by Cowen & Co. Jefferies maintained it with “Buy” rating and $116 target in Wednesday, April 19 report. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, August 31.

Since February 1, 2018, it had 0 insider buys, and 6 insider sales for $28.44 million activity. $3.82M worth of Evercore Inc. (NYSE:EVR) was sold by SCHLOSSTEIN RALPH. $129,612 worth of Evercore Inc. (NYSE:EVR) was sold by SIBBALD ANDREW on Wednesday, February 21. Pensa Paul sold $129,548 worth of stock or 1,396 shares. Walsh Robert B sold $2.12M worth of stock.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. It is positive, as 18 investors sold EVR shares while 110 reduced holdings. 42 funds opened positions while 90 raised stakes. 36.53 million shares or 1.84% more from 35.87 million shares in 2017Q3 were reported. Virginia-based Yorktown Mngmt And Research has invested 0.09% in Evercore Inc. (NYSE:EVR). Tower Research Ltd (Trc) holds 219 shares or 0% of its portfolio. Parkside Finance State Bank & holds 23 shares or 0% of its portfolio. Smith Asset Grp Ltd Partnership owns 54,749 shares. 37 were reported by Architects. Stifel Fincl reported 6,324 shares stake. Bnp Paribas Asset Mgmt Hldgs stated it has 0.09% of its portfolio in Evercore Inc. (NYSE:EVR). Trexquant Invest LP has 0.15% invested in Evercore Inc. (NYSE:EVR). Hgk Asset Mgmt stated it has 0.09% in Evercore Inc. (NYSE:EVR). Macquarie Group Limited has 0.07% invested in Evercore Inc. (NYSE:EVR) for 459,701 shares. Ccm Inv Advisers Lc has 93,994 shares for 1.63% of their portfolio. Cornerstone Cap Ltd Liability Corporation reported 18,980 shares. Jpmorgan Chase & Communication reported 732,325 shares stake. Denver Inv Advsrs Limited Liability Company invested in 0.07% or 15,071 shares. Qs Limited Liability reported 80,321 shares.

Analysts await Evercore Inc. (NYSE:EVR) to report earnings on April, 25. They expect $1.65 EPS, up 46.02% or $0.52 from last year’s $1.13 per share. EVR’s profit will be $72.81M for 14.36 P/E if the $1.65 EPS becomes a reality. After $1.55 actual EPS reported by Evercore Inc. for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Among 11 analysts covering Evercore Partners (NYSE:EVR), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Evercore Partners had 29 analyst reports since September 8, 2015 according to SRatingsIntel. Nomura downgraded the shares of EVR in report on Monday, November 9 to “Neutral” rating. Susquehanna maintained the stock with “Positive” rating in Monday, October 12 report. The stock has “Conviction Buy” rating by Goldman Sachs on Tuesday, January 12. As per Wednesday, March 16, the company rating was downgraded by Craig Hallum. The stock of Evercore Inc. (NYSE:EVR) earned “Neutral” rating by Goldman Sachs on Tuesday, May 23. Keefe Bruyette & Woods maintained it with “Hold” rating and $105.0 target in Wednesday, January 31 report. The company was initiated on Wednesday, December 14 by Bank of America. UBS maintained the shares of EVR in report on Thursday, February 4 with “Neutral” rating. The stock of Evercore Inc. (NYSE:EVR) has “Mkt Perform” rating given on Monday, March 27 by Keefe Bruyette & Woods. The company was maintained on Wednesday, January 10 by Keefe Bruyette & Woods.

Evercore Inc. (NYSE:EVR) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>