Traders NEWS Limelight: Eaton Vance Corp. (NYSE:EV)

Eaton Vance Corp (EV) stock dropped -1.51% and closed at 54.15 on Tuesday. The stock opened the session at $54.4 and touched its highest price point at $55. Its recent trading capacity is 833389 shares versus to its average trading volume of 559131 shares. The company’s stock’s lowest price point for the session stood at $53.79.EV traded as low as $ 45.06 in the past 52 weeks, and shares hit its peak level to $60.95.

Eaton Vance Corp. (NYSE:EV), reported today that Ingrid Y. Jacobs has joined the firm as Chief Diversity Officer.  Based in Boston, Ms. Jacobs will lead Eaton Vance’s efforts to attract, develop and retain a diverse workforce and to foster more inclusive work environments across the Company’s subsidiaries and affiliates.

Mark D. Burkhard, Director of Human Resources said “Ingrid brings a wealth of experience designing and implementing diversity and inclusion strategies at global corporations”. “We are confident in her ability to lead Eaton Vance’s efforts to attract diverse talent, enhance collaboration and promote continuous learning throughout the Company.”

Ms. Jacobs joins Eaton Vance from Raytheon Corporation, where she was Head of Corporate Diversity and Inclusion. She was previously Global Head of Diversity and Inclusion at Whirlpool Corporation and associated with Fifth Third Bank and General Electric. She earned a B.S. in Agricultural Business from Ohio State University and an M.S. in Human Resources Development from Xavier University.

Thomas E. Faust Jr., Chairman and Chief Executive Officer said “As Eaton Vance grows larger and our business interests more diverse, it becomes increasingly imperative for us to achieve greater diversity in our employee base and more inclusive work environments”. “Ingrid’s hiring is a testimony to the Company’s commitment to these objectives.”

Eaton Vance (NYSE: EV) is a leading global asset manager whose history dates to 1924. With offices in North America, Europe, Asia and Australia, Eaton Vance and its affiliates managed $440.1 billion as of April 30, 2018, offering individuals and institutions a broad array of investment strategies and wealth management solutions.

Shares of Eaton Vance Corp. have been recently spotted trading -11.16% off of the 52-week high price. On the other end, company shares have been noted 20.17% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 45.06 – 60.95. Switching over to some distances from popular moving averages, we see that the stock has been recorded -2.55% away from the 50 day moving average and 1.00% away from the 200 day moving average. Moving closer, we can see that shares have been trading -3.28% off of the 20-day moving average. 1638 employees work in the Company. It has market cap of $6.56B and dividend yield of 2.29%.

Category – Hot Stocks

Mark Wilbanks studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Mark has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He writes articles about hot stocks, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Mark primarily reports on Hot Stocks category.

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