Yorktown Management & Research Co Inc continued to hold its stake in Eaton Vance Corporation (NYSE:EV) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,650 shares of the asset manager’s stock at the close of the second quarter. Yorktown Management & Research Co Inc’s holdings in Eaton Vance Corporation were worth $267,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of EV. Great West Life Assurance Co. Can raised its stake in shares of Eaton Vance Corporation by 4.3% in the first quarter. Great West Life Assurance Co. Can now owns 91,961 shares of the asset manager’s stock valued at $4,132,000 after purchasing an additional 3,761 shares in the last quarter. First Trust Advisors LP raised its stake in Eaton Vance Corporation by 37.2% during the first quarter. First Trust Advisors LP now owns 179,681 shares of the asset manager’s stock worth $8,078,000 after acquiring an additional 48,699 shares in the last quarter. US Bancorp DE raised its stake in Eaton Vance Corporation by 6.4% during the first quarter. US Bancorp DE now owns 28,678 shares of the asset manager’s stock worth $1,289,000 after acquiring an additional 1,716 shares in the last quarter. Comerica Bank raised its stake in Eaton Vance Corporation by 5.8% during the first quarter. Comerica Bank now owns 88,806 shares of the asset manager’s stock worth $3,875,000 after acquiring an additional 4,906 shares in the last quarter. Finally, Pictet Asset Management Ltd. raised its stake in Eaton Vance Corporation by 9.8% during the first quarter. Pictet Asset Management Ltd. now owns 43,900 shares of the asset manager’s stock worth $1,974,000 after acquiring an additional 3,900 shares in the last quarter. Institutional investors and hedge funds own 68.91% of the company’s stock.

In other news, insider Frederick S. Marius sold 8,915 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $47.55, for a total transaction of $423,908.25. Following the completion of the transaction, the insider now owns 30,955 shares of the company’s stock, valued at approximately $1,471,910.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey P. Beale sold 39,343 shares of the business’s stock in a transaction on Thursday, July 13th. The stock was sold at an average price of $48.30, for a total value of $1,900,266.90. Following the transaction, the insider now directly owns 343,509 shares of the company’s stock, valued at approximately $16,591,484.70. The disclosure for this sale can be found here. Insiders have sold a total of 72,410 shares of company stock valued at $3,475,018 in the last three months.

Several research firms have issued reports on EV. Jefferies Group LLC reiterated a “hold” rating and set a $46.00 price objective on shares of Eaton Vance Corporation in a research note on Friday, August 18th. Zacks Investment Research lowered Eaton Vance Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub lowered Eaton Vance Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. J P Morgan Chase & Co reiterated an “underweight” rating and set a $47.00 price objective (up from $40.00) on shares of Eaton Vance Corporation in a research note on Tuesday, June 6th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $50.00 price objective on shares of Eaton Vance Corporation in a research note on Tuesday, May 23rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Eaton Vance Corporation presently has an average rating of “Hold” and a consensus target price of $50.21.

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Eaton Vance Corporation (EV) opened at 47.16 on Monday. The firm’s 50-day moving average price is $47.32 and its 200 day moving average price is $46.39. Eaton Vance Corporation has a 1-year low of $34.44 and a 1-year high of $50.10. The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of 20.50 and a beta of 1.85.

Eaton Vance Corporation (NYSE:EV) last posted its quarterly earnings results on Wednesday, August 23rd. The asset manager reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). Eaton Vance Corporation had a return on equity of 34.47% and a net margin of 18.03%. The business had revenue of $393.70 million for the quarter, compared to analyst estimates of $398.74 million. During the same period last year, the firm posted $0.56 EPS. Eaton Vance Corporation’s quarterly revenue was up 15.4% on a year-over-year basis. On average, analysts predict that Eaton Vance Corporation will post $2.46 EPS for the current year.

Eaton Vance Corporation 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.

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Institutional Ownership by Quarter for Eaton Vance Corporation (NYSE:EV)

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