Seadrill Partners (SDLP) Forms $3.89 Double Top; Skyline Asset Management LP Trimmed Essent Group LTD (ESNT) Stake

January 23, 2018 - By Nellie Frank

Skyline Asset Management Lp decreased Essent Group Ltd (ESNT) stake by 4.32% reported in 2017Q3 SEC filing. Skyline Asset Management Lp sold 23,900 shares as Essent Group Ltd (ESNT)’s stock rose 0.42%. The Skyline Asset Management Lp holds 529,050 shares with $21.43M value, down from 552,950 last quarter. Essent Group Ltd now has $4.82B valuation. The stock increased 0.02% or $0.01 during the last trading session, reaching $49.01. About 384,204 shares traded. Essent Group Ltd. (NYSE:ESNT) has risen 81.69% since January 23, 2017 and is uptrending. It has outperformed by 64.99% the S&P500.

Seadrill Partners LLC (SDLP) formed double top with $4.05 target or 4.00% above today’s $3.89 share price. Seadrill Partners LLC (SDLP) has $357.19 million valuation. The stock increased 3.18% or $0.12 during the last trading session, reaching $3.89. About 212,767 shares traded. Seadrill Partners LLC (NYSE:SDLP) has declined 33.20% since January 23, 2017 and is downtrending. It has underperformed by 49.90% the S&P500.

Among 12 analysts covering Essent Group (NYSE:ESNT), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Essent Group had 40 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “” on Monday, April 24. On Friday, August 5 the stock rating was maintained by Compass Point with “Neutral”. BTIG Research maintained Essent Group Ltd. (NYSE:ESNT) on Thursday, November 9 with “Buy” rating. The firm earned “Buy” rating on Thursday, November 9 by Keefe Bruyette & Woods. The company was maintained on Wednesday, September 7 by Barclays Capital. The firm has “Overweight” rating by Barclays Capital given on Friday, November 10. The rating was upgraded by Wood to “Outperform” on Wednesday, August 23. The firm has “Buy” rating by BTIG Research given on Tuesday, September 12. The firm has “Neutral” rating given on Friday, April 21 by JP Morgan. Compass Point maintained Essent Group Ltd. (NYSE:ESNT) on Friday, May 6 with “Neutral” rating.

Analysts await Essent Group Ltd. (NYSE:ESNT) to report earnings on February, 9. They expect $0.78 EPS, up 14.71% or $0.10 from last year’s $0.68 per share. ESNT’s profit will be $76.77 million for 15.71 P/E if the $0.78 EPS becomes a reality. After $0.82 actual EPS reported by Essent Group Ltd. for the previous quarter, Wall Street now forecasts -4.88% negative EPS growth.

Investors sentiment increased to 1.75 in Q3 2017. Its up 0.39, from 1.36 in 2017Q2. It is positive, as 19 investors sold ESNT shares while 58 reduced holdings. 44 funds opened positions while 91 raised stakes. 83.02 million shares or 4.73% more from 79.27 million shares in 2017Q2 were reported. Advisory Svcs Ntwk Limited Liability Com stated it has 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT). Wells Fargo Mn stated it has 0.01% in Essent Group Ltd. (NYSE:ESNT). Barclays Public Limited Co holds 779,728 shares or 0.03% of its portfolio. Wealthtrust holds 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 100 shares. Employees Retirement Systems Of Ohio owns 0.02% invested in Essent Group Ltd. (NYSE:ESNT) for 73,952 shares. 1,000 are held by Duncker Streett. South Texas Money Management Ltd accumulated 0.95% or 493,656 shares. Evanson Asset Limited Liability Company holds 0.05% or 5,934 shares. Riggs Asset Managment reported 57,826 shares. Invesco Limited has invested 0% in Essent Group Ltd. (NYSE:ESNT). Connecticut-based Hartford Management has invested 0.13% in Essent Group Ltd. (NYSE:ESNT). Peak6 Invests Ltd Partnership holds 13,459 shares. Howe & Rusling Inc accumulated 3,345 shares or 0.02% of the stock. Gsa Ptnrs Llp holds 29,295 shares. Nine Chapters Cap Management holds 0.48% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 5,400 shares.

Since August 4, 2017, it had 0 insider purchases, and 9 selling transactions for $1.53 million activity. $125,130 worth of Essent Group Ltd. (NYSE:ESNT) was sold by WEINSTOCK DAVID B on Monday, October 16. Another trade for 4,600 shares valued at $184,046 was sold by Gibbons Mary Lourdes. MCALEE LAWRENCE E JR had sold 3,118 shares worth $124,720.

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By1 Nellie Frank

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