Ann W. Nelson Sells 1,142 Shares of Employers Holdings Inc. (EIG) Stock
Employers Holdings Inc. (NYSE:EIG) EVP Ann W. Nelson sold 1,142 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $30.00, for a total value of $34,260.00. Following the completion of the transaction, the executive vice president now owns 43,344 shares of the company’s stock, valued at $1,300,320. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Employers Holdings Inc. (NYSE:EIG) opened at 29.97 on Thursday. The company has a market capitalization of $972.17 million, a P/E ratio of 9.96 and a beta of 1.21. The firm has a 50-day moving average price of $29.72 and a 200 day moving average price of $29.27. Employers Holdings Inc. has a 1-year low of $21.43 and a 1-year high of $32.03.
Employers Holdings (NYSE:EIG) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.57 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.57. Employers Holdings had a return on equity of 11.05% and a net margin of 12.66%. The firm earned $201.80 million during the quarter, compared to analysts’ expectations of $197.92 million. On average, equities analysts predict that Employers Holdings Inc. will post $2.11 EPS for the current year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dalton Greiner Hartman Maher & Co. purchased a new position in shares of Employers Holdings during the second quarter valued at about $12,834,000. FMR LLC boosted its position in shares of Employers Holdings by 46.3% in the second quarter. FMR LLC now owns 1,336,207 shares of the company’s stock valued at $38,777,000 after buying an additional 422,614 shares during the last quarter. Teachers Advisors Inc. boosted its position in shares of Employers Holdings by 223.9% in the first quarter. Teachers Advisors Inc. now owns 311,419 shares of the company’s stock valued at $8,763,000 after buying an additional 215,264 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Employers Holdings by 11.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,910,861 shares of the company’s stock valued at $55,452,000 after buying an additional 199,112 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Employers Holdings by 51.6% in the first quarter. Renaissance Technologies LLC now owns 402,200 shares of the company’s stock valued at $11,318,000 after buying an additional 136,928 shares during the last quarter. Hedge funds and other institutional investors own 78.25% of the company’s stock.
Separately, Zacks Investment Research upgraded Employers Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th.
About Employers Holdings
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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