Stadion Money Management buys $2,746,480 stake in Eaton Vance Corp (EV)

Eaton Vance Corp (EV) : Stadion Money Management scooped up 12,040 additional shares in Eaton Vance Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 80,424 shares of Eaton Vance Corp which is valued at $2,746,480.Eaton Vance Corp makes up approximately 0.08% of Stadion Money Management’s portfolio.

Other Hedge Funds, Including , Farmers Merchants Investments Inc boosted its stake in EV in the latest quarter, The investment management firm added 1,191 additional shares and now holds a total of 60,195 shares of Eaton Vance Corp which is valued at $2,055,659. Eaton Vance Corp makes up approx 0.24% of Farmers Merchants Investments Inc’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in EV by selling 3,338 shares or 10.05% in the most recent quarter. The Hedge Fund company now holds 29,860 shares of EV which is valued at $1,031,066. Eaton Vance Corp makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.Texas Permanent School Fund reduced its stake in EV by selling 5,122 shares or 5.26% in the most recent quarter. The Hedge Fund company now holds 92,324 shares of EV which is valued at $3,187,948. Eaton Vance Corp makes up approx 0.04% of Texas Permanent School Fund’s portfolio.

Eaton Vance Corp opened for trading at $34.53 and hit $35.225 on the upside on Tuesday, eventually ending the session at $35.17, with a gain of 2.87% or 0.98 points. The heightened volatility saw the trading volume jump to 8,03,782 shares. Company has a market cap of $4,050 M.

On the company’s financial health, Eaton Vance Corp reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 24, 2016. Analyst had a consensus of $0.52. The company had revenue of $331.56 million for the quarter, compared to analysts expectations of $334.64 million. The company’s revenue was down -6.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.

Eaton Vance Corp is managing investment funds and providing investment management and advisory services to institutions and high-net-worth individuals. The Company develops and sustains management expertise across a range of investment disciplines and offers investment products and services through multiple distribution channels. The Company’s principal investment affiliates Eaton Vance Management Parametric Atlanta Capital and Hexavest offer a range of strategies. The Eaton Vance Management offers Equity income and alternative strategies based on in-depth fundamental analysis. The Parametric offers rules-based alpha-seeking equity alternative and options strategies and implementation services. The Atlanta Capital actively manages high-quality US stock and bond portfolios constructed using bottom-up fundamental analysis. The Hexavest offer global equity and tactical allocation strategies combining fundamental research and quantitative models.

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