Stevens Capital Management LP bought a new stake in The Hanover Insurance Group, Inc. (NYSE:THG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 13,704 shares of the insurance provider’s stock, valued at approximately $1,328,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in THG. Teachers Advisors LLC lifted its stake in shares of The Hanover Insurance Group by 3.1% in the 1st quarter. Teachers Advisors LLC now owns 60,823 shares of the insurance provider’s stock valued at $5,478,000 after acquiring an additional 1,817 shares during the last quarter. Janus Capital Management LLC lifted its stake in shares of The Hanover Insurance Group by 10.3% in the 1st quarter. Janus Capital Management LLC now owns 8,600 shares of the insurance provider’s stock valued at $775,000 after acquiring an additional 800 shares during the last quarter. Capstone Asset Management Co. lifted its stake in shares of The Hanover Insurance Group by 5.5% in the 2nd quarter. Capstone Asset Management Co. now owns 7,686 shares of the insurance provider’s stock valued at $681,000 after acquiring an additional 400 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of The Hanover Insurance Group by 717.9% in the 2nd quarter. Bank of Montreal Can now owns 57,657 shares of the insurance provider’s stock valued at $5,111,000 after acquiring an additional 50,608 shares during the last quarter. Finally, Creative Planning lifted its stake in shares of The Hanover Insurance Group by 1.8% in the 2nd quarter. Creative Planning now owns 3,828 shares of the insurance provider’s stock valued at $339,000 after acquiring an additional 69 shares during the last quarter. 85.98% of the stock is owned by institutional investors.

A number of research firms have recently weighed in on THG. Zacks Investment Research raised The Hanover Insurance Group from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Keefe, Bruyette & Woods set a $91.00 price target on The Hanover Insurance Group and gave the company a “hold” rating in a report on Friday, August 4th. Finally, BidaskClub upgraded The Hanover Insurance Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th.

The Hanover Insurance Group, Inc. (NYSE THG) opened at $106.66 on Tuesday. The Hanover Insurance Group, Inc. has a twelve month low of $79.23 and a twelve month high of $107.16. The stock has a market capitalization of $4,522.31, a PE ratio of 46.49 and a beta of 1.11. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.26.

The Hanover Insurance Group (NYSE:THG) last announced its quarterly earnings results on Wednesday, November 1st. The insurance provider reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.63) by $0.74. The Hanover Insurance Group had a return on equity of 3.35% and a net margin of 2.37%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the business earned $1.83 EPS. The Hanover Insurance Group’s revenue was up 5.7% compared to the same quarter last year. equities analysts forecast that The Hanover Insurance Group, Inc. will post 4.65 earnings per share for the current year.

In other The Hanover Insurance Group news, insider Christine Bilotti-Peterson sold 2,570 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $98.58, for a total transaction of $253,350.60. Following the transaction, the insider now owns 1,760 shares in the company, valued at approximately $173,500.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark Joseph Welzenbach sold 4,723 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $106.09, for a total value of $501,063.07. Following the transaction, the insider now owns 29,244 shares in the company, valued at approximately $3,102,495.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,293 shares of company stock worth $1,273,864. 1.08% of the stock is owned by company insiders.

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The Hanover Insurance Group Profile

The Hanover Insurance Group, Inc is a holding company. The Company is engaged in providing property and casualty insurance products and services. The Company has four segments: Commercial Lines, Personal Lines, Chaucer and Other. It markets its domestic products and services through independent agents and brokers in the United States, and conducts business internationally through a subsidiary, Chaucer Holdings Limited, which operates through the Society and Corporation of Lloyd’s (Lloyd’s).

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Institutional Ownership by Quarter for The Hanover Insurance Group (NYSE:THG)

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