BlackRock Inc. Has $504,000 Stake in EverBank Financial Corp. (EVER)

BlackRock Inc. Has $504,000 Stake in EverBank Financial Corp. (EVER)

BlackRock Inc. increased its position in EverBank Financial Corp. (NYSE:EVER) by 2.4% during the third quarter, Holdings Channel reports. The institutional investor owned 26,060 shares of the company’s stock after buying an additional 603 shares during the period. BlackRock Inc.’s holdings in EverBank Financial Corp. were worth $504,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of EVER. BlackRock Investment Management LLC raised its stake in EverBank Financial Corp. by 15.7% in the second quarter. BlackRock Investment Management LLC now owns 424,216 shares of the company’s stock worth $6,304,000 after buying an additional 57,711 shares during the last quarter. Vanguard Group Inc. raised its stake in EverBank Financial Corp. by 3.3% in the second quarter. Vanguard Group Inc. now owns 6,721,002 shares of the company’s stock worth $99,874,000 after buying an additional 213,360 shares during the last quarter. Principal Financial Group Inc. raised its stake in EverBank Financial Corp. by 44.6% in the second quarter. Principal Financial Group Inc. now owns 19,857 shares of the company’s stock worth $295,000 after buying an additional 6,121 shares during the last quarter. Prudential Financial Inc. raised its stake in EverBank Financial Corp. by 220.8% in the second quarter. Prudential Financial Inc. now owns 534,200 shares of the company’s stock worth $7,938,000 after buying an additional 367,700 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in EverBank Financial Corp. by 7.0% in the second quarter. Dimensional Fund Advisors LP now owns 3,171,425 shares of the company’s stock worth $47,124,000 after buying an additional 208,636 shares during the last quarter. Institutional investors own 82.26% of the company’s stock.

EverBank Financial Corp. (NYSE:EVER) traded down 0.10% during mid-day trading on Friday, reaching $19.43. The company’s stock had a trading volume of 239,521 shares. The firm’s 50 day moving average price is $19.41 and its 200 day moving average price is $18.96. EverBank Financial Corp. has a 12-month low of $12.32 and a 12-month high of $19.49. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 20.24 and a beta of 0.67.

EverBank Financial Corp. (NYSE:EVER) last issued its quarterly earnings results on Friday, January 27th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.02. EverBank Financial Corp. had a return on equity of 10.61% and a net margin of 11.72%. The firm had revenue of $264.30 million for the quarter. During the same period last year, the firm earned $0.30 EPS. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. On average, equities analysts predict that EverBank Financial Corp. will post $1.06 earnings per share for the current year.

In related news, insider John S. Surface sold 421,222 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $19.31, for a total transaction of $8,133,796.82. Following the completion of the sale, the insider now directly owns 308,736 shares in the company, valued at $5,961,692.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert J. Mylod, Jr. sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of $19.30, for a total value of $96,500.00. Following the sale, the director now owns 496,915 shares of the company’s stock, valued at $9,590,459.50. The disclosure for this sale can be found here. Insiders have sold 8,052,392 shares of company stock valued at $154,095,933 over the last quarter. 21.03% of the stock is owned by company insiders.

About EverBank Financial Corp.

EverBank Financial Corp is a unitary savings and loan holding company. The Company is a financial services company that provides a range of financial products and services to individuals, as well as small and mid-size business clients nationwide. It operates through three segments: Consumer Banking, Commercial Banking and Corporate Services.

Want to see what other hedge funds are holding EVER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EverBank Financial Corp. (NYSE:EVER).

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