Dean Capital Management Has $2.82 Million Position in Employers Holdings Inc $EIG

Dean Capital Management increased its stake in Employers Holdings Inc (NYSE:EIG) by 292.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,339 shares of the financial services provider’s stock after purchasing an additional 48,683 shares during the period. Employers accounts for 1.2% of Dean Capital Management’s portfolio, making the stock its 18th largest holding. Dean Capital Management’s holdings in Employers were worth $2,821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Clearstead Advisors LLC boosted its position in Employers by 145.5% in the 4th quarter. Clearstead Advisors LLC now owns 621 shares of the financial services provider’s stock valued at $27,000 after buying an additional 368 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Employers by 133.5% during the second quarter. Osaic Holdings Inc. now owns 635 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 363 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Employers by 35.7% during the fourth quarter. GAMMA Investing LLC now owns 1,561 shares of the financial services provider’s stock worth $67,000 after acquiring an additional 411 shares during the last quarter. Danske Bank A S lifted its stake in shares of Employers by 425.0% during the fourth quarter. Danske Bank A S now owns 2,100 shares of the financial services provider’s stock valued at $91,000 after acquiring an additional 1,700 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Employers by 179.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,276 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 1,462 shares during the period. Institutional investors and hedge funds own 80.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on EIG shares. Wall Street Zen upgraded Employers from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Zacks Research cut Employers from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Employers in a research report on Friday, May 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Employers Price Performance

Shares of EIG stock opened at $46.51 on Friday. Employers Holdings Inc has a 52-week low of $35.73 and a 52-week high of $47.91. The stock has a market cap of $848.40 million, a PE ratio of 140.95 and a beta of 0.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.40 and a current ratio of 0.40. The firm’s 50 day moving average price is $43.32 and its two-hundred day moving average price is $42.58.

Employers (NYSE:EIG) last released its earnings results on Wednesday, April 29th. The financial services provider reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.02). The business had revenue of $207.60 million for the quarter, compared to analyst estimates of $213.04 million. Employers had a return on equity of 1.10% and a net margin of 0.95%.Employers’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 EPS. As a group, analysts forecast that Employers Holdings Inc will post 2.15 EPS for the current year.

Employers Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were paid a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This is a positive change from Employers’s previous quarterly dividend of $0.32. This represents a $1.36 annualized dividend and a yield of 2.9%. Employers’s payout ratio is currently 412.12%.

About Employers

Employers Holdings, Inc (NYSE: EIG) is a publicly traded property and casualty insurance holding company headquartered in Des Moines, Iowa. Through its subsidiaries, Employers Mutual Casualty Company and Employers Preferred Insurance Company, the firm specializes in providing workers’ compensation coverage alongside an array of commercial insurance products. Its service offerings include general liability, commercial auto, businessowners policies and umbrella coverages, tailored to meet the risk-management needs of small and mid-sized businesses across multiple industries.

The company markets its insurance solutions primarily through a network of independent agencies and brokers, leveraging local market expertise to underwrite policies that address the unique exposures faced by clients in manufacturing, construction, healthcare, retail and service sectors.