Shares of Employers Holdings Inc. (NYSE:EIG) rose 1.6% during mid-day trading on Tuesday . The stock traded as high as $28.22 and last traded at $28.10, with a volume of 111,045 shares traded. The stock had previously closed at $27.67.

Separately, Zacks Investment Research lowered shares of Employers Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, June 28th.

The stock has a market cap of $898.53 million and a PE ratio of 9.21. The stock has a 50 day moving average of $29.54 and a 200-day moving average of $28.18.

Employers Holdings (NYSE:EIG) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.57 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.57. The firm had revenue of $201.80 million for the quarter, compared to analysts’ expectations of $197.92 million. On average, equities research analysts anticipate that Employers Holdings Inc. will post $2.20 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 24th. Shareholders of record on Wednesday, August 10th will be paid a dividend of $0.09 per share. The ex-dividend date is Monday, August 8th. This represents a $0.36 annualized dividend and a yield of 1.29%.

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

Other hedge funds have recently bought and sold shares of the company. Rhumbline Advisers increased its stake in Employers Holdings by 2.9% in the fourth quarter. Rhumbline Advisers now owns 73,336 shares of the company’s stock valued at $2,002,000 after buying an additional 2,055 shares during the last quarter. California Public Employees Retirement System increased its stake 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 valued at $2,981,000 after buying an additional 1,100 shares during the last quarter. Bank of Montreal Can increased its stake in Employers Holdings by 45.8% in the fourth quarter. Bank of Montreal Can now owns 129,717 shares of the company’s stock valued at $3,540,000 after buying an additional 40,730 shares during the last quarter. Wells Fargo & Company MN increased its stake in Employers Holdings by 9.0% in the fourth quarter. Wells Fargo & Company MN now owns 675,510 shares of the company’s stock valued at $18,442,000 after buying an additional 55,524 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in Employers Holdings by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 59,147 shares of the company’s stock valued at $1,615,000 after buying an additional 1,100 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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