$1.14 EPS Expected for Erie Indemnity Company (ERIE)

April 19, 2018 - By Winifred Garcia

Erie Indemnity Company (NASDAQ:ERIE) LogoInvestors sentiment increased to 1.71 in 2017 Q4. Its up 0.57, from 1.14 in 2017Q3. It increased, as 5 investors sold Erie Indemnity Company shares while 33 reduced holdings. 21 funds opened positions while 44 raised stakes. 14.27 million shares or 0.24% more from 14.23 million shares in 2017Q3 were reported.
Amalgamated Savings Bank holds 0.02% in Erie Indemnity Company (NASDAQ:ERIE) or 4,883 shares. Wells Fargo & Com Mn holds 27,850 shares. Price T Rowe Incorporated Md holds 0% of its portfolio in Erie Indemnity Company (NASDAQ:ERIE) for 53,458 shares. Keybank Natl Association Oh accumulated 0% or 1,650 shares. Public Employees Retirement Association Of Colorado has 0% invested in Erie Indemnity Company (NASDAQ:ERIE) for 1,559 shares. Arbiter Limited Liability reported 0.12% stake. 5,004 are owned by Janney Montgomery Scott Limited Liability Corporation. Financial Bank Of Montreal Can reported 8,424 shares or 0% of all its holdings. 53,203 are held by Wedgewood Pa. Credit Suisse Ag has 0% invested in Erie Indemnity Company (NASDAQ:ERIE). Martingale Asset Mngmt Lp holds 44,502 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Erie Indemnity Company (NASDAQ:ERIE). Moreover, Us Bank De has 0% invested in Erie Indemnity Company (NASDAQ:ERIE) for 625 shares. Manufacturers Life Insurance Company The has invested 0% of its portfolio in Erie Indemnity Company (NASDAQ:ERIE). Assetmark reported 0% stake.

Since December 18, 2017, it had 6 buys, and 0 sales for $251,244 activity. Another trade for 1,060 shares valued at $121,822 was bought by NECASTRO TIMOTHY G. $25,173 worth of Erie Indemnity Company (NASDAQ:ERIE) shares were bought by Datesh LuAnn.

Analysts expect Erie Indemnity Company (NASDAQ:ERIE) to report $1.14 EPS on April, 26 after the close.They anticipate $0.23 EPS change or 25.27 % from last quarter’s $0.91 EPS. ERIE’s profit would be $59.61M giving it 25.84 P/E if the $1.14 EPS is correct. After having $0.80 EPS previously, Erie Indemnity Company’s analysts see 42.50 % EPS growth. The stock decreased 0.41% or $0.49 during the last trading session, reaching $117.84. About 30,732 shares traded. Erie Indemnity Company (NASDAQ:ERIE) has declined 6.61% since April 19, 2017 and is downtrending. It has underperformed by 18.16% the S&P500.

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company has market cap of $6.16 billion. The firm provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. It has a 31.34 P/E ratio. The Company’s sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing, as well as provides administrative support, information technology, and customer services.

Erie Indemnity Company (NASDAQ:ERIE) Institutional Positions Chart

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