Essent Group LTD’s (NYSE:ESNT) Sentiment is 1.51

April 17, 2018 - By Vivian Park

Sentiment for Essent Group LTD (NYSE:ESNT)

Essent Group LTD (NYSE:ESNT) institutional sentiment decreased to 1.51 in 2017 Q4. Its down -0.24, from 1.75 in 2017Q3. The ratio dived, as 134 investment managers increased and opened new holdings, while 89 trimmed and sold stock positions in Essent Group LTD. The investment managers in our partner’s database now own: 83.75 million shares, up from 83.02 million shares in 2017Q3. Also, the number of investment managers holding Essent Group LTD in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 19 Reduced: 70 Increased: 91 New Position: 43.

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company has market cap of $3.64 billion. The firm also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It has a 9.29 P/E ratio. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders.

The stock increased 1.98% or $0.72 during the last trading session, reaching $37.07. About 359,034 shares traded. Essent Group Ltd. (NYSE:ESNT) has risen 21.73% since April 17, 2017 and is uptrending. It has outperformed by 10.18% the S&P500.

Analysts await Essent Group Ltd. (NYSE:ESNT) to report earnings on May, 4. They expect $1.11 earnings per share, up 54.17 % or $0.39 from last year’s $0.72 per share. ESNT’s profit will be $108.90M for 8.35 P/E if the $1.11 EPS becomes a reality. After $0.79 actual earnings per share reported by Essent Group Ltd. for the previous quarter, Wall Street now forecasts 40.51 % EPS growth.

Pine Brook Road Advisors Lp holds 14.81% of its portfolio in Essent Group Ltd. for 540,059 shares. New Vernon Investment Management Llc owns 68,250 shares or 3.09% of their US portfolio. Moreover, Skyline Asset Management Lp has 1.84% invested in the company for 528,550 shares. The Massachusetts-based Bain Capital Public Equity Management Llc has invested 1.34% in the stock. Riggs Asset Managment Co. Inc., a Pennsylvania-based fund reported 56,880 shares.#img1#

Since January 1, 0001, it had 0 buys, and 4 sales for $22.87 million activity.

Essent Group Ltd. (NYSE:ESNT) Ratings Coverage

Ratings analysis reveals 100% of Essent Group Ltd’s analysts are positive. Out of 9 Wall Street analysts rating Essent Group Ltd, 9 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $46 while the high is $62.0. The stock’s average target of $53.97 is 45.59% above today’s ($37.07) share price. ESNT was included in 22 notes of analysts from October 25, 2017. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. The firm has “Hold” rating by Deutsche Bank given on Friday, November 3. Deutsche Bank maintained Essent Group Ltd. (NYSE:ESNT) on Tuesday, April 10 with “Buy” rating. The firm has “Overweight” rating given on Wednesday, April 11 by Barclays Capital. Wells Fargo maintained Essent Group Ltd. (NYSE:ESNT) on Tuesday, March 13 with “Buy” rating. The rating was maintained by Deutsche Bank on Wednesday, October 25 with “Buy”. The stock of Essent Group Ltd. (NYSE:ESNT) earned “Buy” rating by Compass Point on Monday, February 12. As per Wednesday, December 20, the company rating was maintained by BTIG Research. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, November 9 report. The company was maintained on Friday, February 9 by RBC Capital Markets.

Essent Group Ltd. (NYSE:ESNT) Ratings Chart

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