Eaton Vance Corp. (NYSE:EV) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 22nd. Analysts expect Eaton Vance Corp. to post earnings of $0.59 per share for the quarter.

Earnings History for Eaton Vance Corp. (NYSE:EV)

Eaton Vance Corp. (NYSE:EV) opened at 40.14 on Monday. Eaton Vance Corp. has a 12 month low of $26.44 and a 12 month high of $40.47. The company has a market cap of $4.37 billion, a P/E ratio of 19.28 and a beta of 1.78. The firm has a 50-day moving average price of $37.34 and a 200 day moving average price of $37.00.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Investors of record on Monday, October 31st were paid a $0.28 dividend. The ex-dividend date was Thursday, October 27th. This represents a $1.12 dividend on an annualized basis and a yield of 2.79%. This is a positive change from Eaton Vance Corp.’s previous quarterly dividend of $0.27. Eaton Vance Corp.’s dividend payout ratio is presently 54.37%.

EV has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Eaton Vance Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Jefferies Group restated a “hold” rating on shares of Eaton Vance Corp. in a research note on Monday, August 1st. Keefe, Bruyette & Woods raised their target price on Eaton Vance Corp. from $38.00 to $40.00 and gave the company a “market perform” rating in a research note on Friday, August 19th. Credit Suisse Group AG restated a “hold” rating and set a $37.00 target price on shares of Eaton Vance Corp. in a research note on Thursday, September 1st. Finally, Citigroup Inc. restated a “neutral” rating on shares of Eaton Vance Corp. in a research note on Sunday, October 23rd. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Eaton Vance Corp. presently has an average rating of “Hold” and an average price target of $37.24.

In other Eaton Vance Corp. news, Director Brian D. Langstraat sold 38,012 shares of the company’s stock in a transaction on Monday, August 29th. The stock was sold at an average price of $39.79, for a total value of $1,512,497.48. Following the transaction, the director now owns 107,712 shares of the company’s stock, valued at $4,285,860.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew J. Witkos sold 94,408 shares of the company’s stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $40.08, for a total value of $3,783,872.64. Following the completion of the transaction, the chief executive officer now directly owns 197,077 shares in the company, valued at approximately $7,898,846.16. The disclosure for this sale can be found here.

A number of hedge funds have recently made changes to their positions in EV. Tredje AP fonden increased its position in Eaton Vance Corp. by 467.5% in the second quarter. Tredje AP fonden now owns 4,540 shares of the company’s stock worth $160,000 after buying an additional 3,740 shares during the period. Advisor Group Inc. bought a new position in Eaton Vance Corp. during the second quarter worth $171,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Eaton Vance Corp. during the second quarter worth about $209,000. Jefferies Group LLC acquired a new stake in shares of Eaton Vance Corp. during the second quarter worth about $265,000. Finally, GAM Holding AG boosted its stake in shares of Eaton Vance Corp. by 36.3% in the second quarter. GAM Holding AG now owns 9,817 shares of the company’s stock worth $347,000 after buying an additional 2,612 shares in the last quarter. 71.59% of the stock is currently owned by institutional investors.

About Eaton Vance Corp.

Eaton Vance Corp. is engaged in business of managing investment funds and providing investment management and advisory services to individuals and institutions. The Company seeks to develop and sustain management expertise across a range of investment disciplines, and offer investment products and services through various distribution channels.

5 Day Chart for NYSE:EV

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