Emerald Expositions Events, Inc. (NYSE:EEX) CEO David Loechner sold 53,139 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $22.34, for a total transaction of $1,187,125.26. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Emerald Expositions Events, Inc. (NYSE:EEX) traded down $1.37 during trading hours on Tuesday, reaching $21.14. The company had a trading volume of 146,786 shares, compared to its average volume of 174,454. Emerald Expositions Events, Inc. has a 12-month low of $18.67 and a 12-month high of $24.56. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.63 and a current ratio of 0.63.

Emerald Expositions Events (NYSE:EEX) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.37 EPS for the quarter, hitting analysts’ consensus estimates of $0.37. Emerald Expositions Events had a return on equity of 7.09% and a net margin of 5.19%. The firm had revenue of $100.40 million for the quarter, compared to the consensus estimate of $107.24 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The firm’s revenue was down .1% on a year-over-year basis. sell-side analysts anticipate that Emerald Expositions Events, Inc. will post 1.06 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $0.28 annualized dividend and a yield of 1.32%.

EEX has been the subject of a number of recent analyst reports. Robert W. Baird increased their target price on shares of Emerald Expositions Events from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Zacks Investment Research raised shares of Emerald Expositions Events from a “sell” rating to a “hold” rating in a research note on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.40.

A number of hedge funds have recently made changes to their positions in EEX. Nationwide Fund Advisors acquired a new position in Emerald Expositions Events during the second quarter valued at approximately $200,000. Stifel Financial Corp acquired a new stake in shares of Emerald Expositions Events in the third quarter worth $216,000. Atlantic Trust Group LLC acquired a new stake in shares of Emerald Expositions Events in the second quarter worth $274,000. Parametric Portfolio Associates LLC acquired a new stake in shares of Emerald Expositions Events in the second quarter worth $340,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Emerald Expositions Events in the second quarter worth $366,000. Institutional investors own 26.61% of the company’s stock.

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Emerald Expositions Events Company Profile

Emerald Expositions Events, Inc (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events.

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