Essent Group Ltd. (ESNT) Reaches $48.08 52-Week High; Danaher (DHR)’s Sentiment Is 1.01

January 15, 2018 - By Clifton Ray

The stock of Essent Group Ltd. (NYSE:ESNT) hit a new 52-week high and has $51.45 target or 7.00% above today’s $48.08 share price. The 8 months bullish chart indicates low risk for the $4.73B company. The 1-year high was reported on Jan, 15 by Barchart.com. If the $51.45 price target is reached, the company will be worth $331.31M more. The stock increased 0.50% or $0.24 during the last trading session, reaching $48.08. About 623,158 shares traded. Essent Group Ltd. (NYSE:ESNT) has risen 81.69% since January 15, 2017 and is uptrending. It has outperformed by 64.99% the S&P500.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial services and products worldwide. The company has market cap of $69.14 billion. The companyÂ’s Life Sciences segment provides laser scanning, compound, and surgical and other stereo microscopes. It has a 29.37 P/E ratio. This segment also offers filtration, separation, and purification technologies to the biopharmaceutical, food and beverage, medical, aerospace, microelectronics, and general industrial sectors.

Investors sentiment increased to 1.75 in Q3 2017. Its up 0.39, from 1.36 in 2017Q2. It improved, as 19 investors sold Essent Group Ltd. 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. Point72 Asia (Hong Kong) Limited holds 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 36 shares. Voya Investment Mgmt Llc has invested 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT). Teacher Retirement Sys Of Texas owns 6,904 shares. Dixon Hubard Feinour Brown Va reported 5,400 shares or 0.06% of all its holdings. Robeco Institutional Asset Bv reported 0.3% in Essent Group Ltd. (NYSE:ESNT). Art Advsrs Ltd Liability holds 0.12% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 57,400 shares. Affinity Invest Advsr Ltd Liability Corporation stated it has 7,412 shares or 0.03% of all its holdings. Raymond James Assocs has 18,128 shares for 0% of their portfolio. Bessemer holds 0.01% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 66,100 shares. Moreover, Ameritas Invest Prns has 0.01% invested in Essent Group Ltd. (NYSE:ESNT). South Texas Money Mngmt Ltd, a Texas-based fund reported 493,656 shares. First Mercantile Tru, a Tennessee-based fund reported 12,090 shares. Driehaus Cap Management Ltd reported 56,267 shares. Ameriprise Financial reported 165,905 shares. Macquarie Group Inc reported 0.1% of its portfolio in Essent Group Ltd. (NYSE:ESNT).

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 Barclays Capital with “Overweight” on Monday, August 7. The firm earned “Buy” rating on Wednesday, October 25 by Deutsche Bank. The firm has “” rating given on Monday, April 24 by JP Morgan. The stock has “Neutral” rating by Credit Suisse on Monday, May 2. The rating was downgraded by Deutsche Bank on Friday, November 3 to “Hold”. Deutsche Bank maintained Essent Group Ltd. (NYSE:ESNT) rating on Tuesday, August 8. Deutsche Bank has “Buy” rating and $48 target. The stock of Essent Group Ltd. (NYSE:ESNT) has “Hold” rating given on Monday, May 1 by Wood. The stock of Essent Group Ltd. (NYSE:ESNT) has “Overweight” rating given on Wednesday, September 7 by Barclays Capital. Barclays Capital maintained Essent Group Ltd. (NYSE:ESNT) rating on Monday, May 8. Barclays Capital has “Overweight” rating and $43 target. The rating was maintained by Susquehanna with “Buy” on Thursday, January 4.

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 $76.78 million for 15.41 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.

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 $4.73 billion. The firm also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It has a 16.13 P/E ratio. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders.

Since August 4, 2017, it had 0 insider buys, and 9 insider sales for $1.53 million activity. The insider WEINSTOCK DAVID B sold 3,000 shares worth $125,130. Gibbons Mary Lourdes had sold 5,209 shares worth $234,509 on Friday, October 20. MCALEE LAWRENCE E JR had sold 7,000 shares worth $315,070.

Analysts await Danaher Corporation (NYSE:DHR) to report earnings on January, 30. They expect $1.15 EPS, up 9.52% or $0.10 from last year’s $1.05 per share. DHR’s profit will be $799.94M for 21.61 P/E if the $1.15 EPS becomes a reality. After $1.00 actual EPS reported by Danaher Corporation for the previous quarter, Wall Street now forecasts 15.00% EPS growth.

Ratings analysis reveals 100% of Danaher’s analysts are positive. Out of 3 Wall Street analysts rating Danaher, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $88.0 while the high is $93.0. The stock’s average target of $90.50 is -8.94% below today’s ($99.39) share price. DHR was included in 3 notes of analysts from January 18, 2017. The rating was initiated by Credit Suisse on Wednesday, February 1 with “Outperform”. On Friday, February 24 the stock rating was upgraded by Citigroup to “Buy”. Deutsche Bank initiated the stock with “Buy” rating in Wednesday, January 18 report.

The stock increased 0.81% or $0.8 during the last trading session, reaching $99.39. About 1.89 million shares traded. Danaher Corporation (DHR) has risen 10.62% since January 15, 2017 and is uptrending. It has underperformed by 6.08% the S&P500.

Cortland Associates Inc Mo holds 7.19% of its portfolio in Danaher Corporation for 449,409 shares. Flossbach Von Storch Ag owns 6.78 million shares or 6.06% of their US portfolio. Moreover, Impax Asset Management Ltd has 4.8% invested in the company for 1.83 million shares. The Delaware-based Green Valley Investors Llc has invested 4.67% in the stock. Guinness Atkinson Asset Management Inc, a California-based fund reported 79,720 shares.

Since January 1, 0001, it had 0 insider buys, and 4 insider sales for $13.63 million activity.

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