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Evercore Partners (NYSE:EVR) CEO Andrew Sibbald sold 11,051 shares of Evercore Partners stock on the open market in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $57.39, for a total value of $634,216.89. Following the transaction, the chief executive officer now directly owns 263,672 shares of the company’s stock, valued at approximately $15,132,136. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on EVR shares. Analysts at Zacks downgraded shares of Evercore Partners from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 4th. They now have a $65.70 price target on the stock. Separately, analysts at Nomura initiated coverage on shares of Evercore Partners in a research note on Thursday, January 9th. They set a “buy” rating and a $72.00 price target on the stock. Finally, analysts at UBS AG reiterated a “neutral” rating on shares of Evercore Partners in a research note on Monday, January 6th. They now have a $59.00 price target on the stock, up previously from $54.00. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $62.18.

Evercore Partners (NYSE:EVR) traded down 1.22% on Tuesday, hitting $56.65. 284,201 shares of the company’s stock traded hands. Evercore Partners has a 52-week low of $34.75 and a 52-week high of $63.66. The stock has a 50-day moving average of $57.38 and a 200-day moving average of $53.0. The company’s market cap is $1.859 billion.

Evercore Partners (NYSE:EVR) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.71 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.03. The company had revenue of $218.70 million for the quarter, compared to the consensus estimate of $208.45 million. During the same quarter last year, the company posted $0.81 earnings per share. Evercore Partners’s revenue was up 2.2% compared to the same quarter last year. On average, analysts predict that Evercore Partners will post $2.79 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Wednesday, February 26th.

Evercore Partners Inc (NYSE:EVR) is an independent investment banking advisory firm.

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