Employers Holdings Inc. (NYSE:EIG)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $31.43 and last traded at $31.39, with a volume of 131,651 shares trading hands. The stock had previously closed at $31.26.

Separately, Zacks Investment Research downgraded shares of Employers Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 19th.

The company has a market capitalization of $1.02 billion and a price-to-earnings ratio of 10.10. The firm has a 50 day moving average of $29.59 and a 200-day moving average of $27.99.

Employers Holdings (NYSE:EIG) last announced its quarterly earnings data on Wednesday, April 27th. The company reported $0.52 earnings per share for the quarter, meeting the consensus estimate of $0.52. On average, analysts forecast that Employers Holdings Inc. will post $2.33 EPS for the current fiscal year.

In other Employers Holdings news, COO Stephen V. Festa sold 6,000 shares of the stock in a transaction on Monday, May 16th. The stock was sold at an average price of $29.90, for a total transaction of $179,400.00. Following the completion of the transaction, the chief operating officer now directly owns 45,022 shares of the company’s stock, valued at $1,346,157.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Stephen V. Festa sold 5,700 shares of the stock in a transaction on Wednesday, July 13th. The shares were sold at an average price of $31.00, for a total value of $176,700.00. Following the transaction, the chief operating officer now directly owns 44,722 shares of the company’s stock, valued at $1,386,382. The disclosure for this sale can be found here.

Several institutional investors recently bought and sold shares of the company. Rhumbline Advisers raised its position in Employers Holdings by 2.9% in the fourth quarter. Rhumbline Advisers now owns 73,336 shares of the company’s stock worth $2,002,000 after buying an additional 2,055 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Employers Holdings by 19.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 110,435 shares of the company’s stock worth $3,015,000 after buying an additional 18,270 shares during the last quarter. California Public Employees Retirement System raised its position in Employers Holdings by 1.0% in the fourth quarter. California Public Employees Retirement System now owns 109,200 shares of the company’s stock worth $2,981,000 after buying an additional 1,100 shares during the last quarter. Nationwide Fund Advisors raised its position in Employers Holdings by 53.5% in the fourth quarter. Nationwide Fund Advisors now owns 148,985 shares of the company’s stock worth $4,067,000 after buying an additional 51,908 shares during the last quarter. Finally, Bank of Montreal Can raised its position in Employers Holdings by 45.8% in the fourth quarter. Bank of Montreal Can now owns 129,717 shares of the company’s stock worth $3,540,000 after buying an additional 40,730 shares during the last quarter.

Employers Holdings, Inc is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. The Company provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses.

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