Breaking The Old 52 Week Low, Eaton Vance Corp (NYSE:EV) Closing Trading At $38.07

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Eaton Vance Corp (NYSE:EV)

December 6th, 2018
Eaton Vance Corp fell $0.87 Thursday which equals a 2.23% drop, closing at $38.07. As well as the drop in value, Eaton Vance Corp hit a new 52 week low of $37.19, breaking the previous low of $38.92 from earlier this month.

EV was outperformed by the rest of the Financials sector which went down just 1.44%.

Analysis results from 8 analysts suggest that Eaton Vance Corp could go up quite a bit (19%), while Finbox has calculated (with high uncertainty) a fair value price of $35.65.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 12%.

Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Eaton Vance is based in Two International Place. Eaton Vance was founded in 1924.

Eaton Vance Corp Info

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts. As of October 31, 2004, the company provided investment advisory or administration services to approximately 150 funds; approximately 1,300 separately managed individual and institutional accounts; and participated in approximately 40 retail-managed account broker/dealer programs. It markets and distributes shares of funds through a retail network of national and regional broker/dealers, banks, insurance companies, and financial planning firms. Eaton Vance Corp. was incorporated on January 29, 1981 and is headquartered in Boston, Massachusetts.

All amounts in USD unless otherwise indicated
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