Headlines about Eaton Vance (NYSE:EV) have trended somewhat positive recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eaton Vance earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.9502887069991 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research firms have recently commented on EV. Zacks Investment Research downgraded Eaton Vance from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Deutsche Bank lowered their price target on Eaton Vance from $62.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, March 6th. JPMorgan Chase & Co. set a $58.00 price target on Eaton Vance and gave the stock a “hold” rating in a research report on Wednesday, February 21st. Finally, ValuEngine upgraded Eaton Vance from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $55.19.
Shares of Eaton Vance (NYSE:EV) opened at $57.10 on Friday. Eaton Vance has a twelve month low of $42.20 and a twelve month high of $60.95. The company has a market capitalization of $6,814.02, a PE ratio of 22.66, a P/E/G ratio of 0.66 and a beta of 1.79. The company has a current ratio of 9.40, a quick ratio of 5.44 and a debt-to-equity ratio of 0.60.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Tuesday, January 30th. Eaton Vance’s payout ratio is 49.21%.
In other news, CEO Matthew J. Witkos sold 25,000 shares of the company’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $60.35, for a total value of $1,508,750.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dorothy E. Puhy sold 9,490 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $60.49, for a total value of $574,050.10. The disclosure for this sale can be found here.
ILLEGAL ACTIVITY WARNING: This story was originally reported by BBNS and is owned by of BBNS. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://baseballnewssource.com/2018/03/17/eaton-vance-ev-receiving-somewhat-favorable-news-coverage-report-finds/1994455.html.
Eaton Vance Company Profile
Eaton Vance Corp. is engaged in the business of managing investment funds and providing investment management and advisory services to high-net-worth individuals and institutions. The Company operates as an investment advisor to funds and separate accounts. The Company, through its subsidiaries and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds.
Receive News & Ratings for Eaton Vance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance and related companies with MarketBeat.com's FREE daily email newsletter.