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JPMorgan Chase & Co. Has $29.48 Million Stake in Everest Group, Ltd. $EG
JPMorgan Chase & Co. has reduced its stake in Everest Group, Ltd. by 32%, selling 39,637 shares to end the quarter with 84,158 shares valued at $29.48 million. Despite this, other institutions like AQR Capital Management and Norges Bank significantly increased their holdings, leading to institutional ownership of approximately 92.64% of the stock. Everest Group reported mixed Q3 results, missing EPS estimates but exceeding revenue expectations, and announced a quarterly dividend of $2.00 per share.