20,502 Shares in Employers Holdings, Inc. (NYSE:EIG) Bought by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new position in Employers Holdings, Inc. (NYSE:EIG) during the 4th quarter, Holdings Channel reports. The fund bought 20,502 shares of the financial services provider’s stock, valued at approximately $1,050,000.

Several other institutional investors have also recently bought and sold shares of EIG. Smartleaf Asset Management LLC boosted its holdings in Employers by 312.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 482 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 365 shares during the period. Versant Capital Management Inc lifted its position in shares of Employers by 50.1% during the 4th quarter. Versant Capital Management Inc now owns 596 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 199 shares during the last quarter. FMR LLC boosted its stake in Employers by 15.2% during the 3rd quarter. FMR LLC now owns 1,520 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 200 shares during the period. GAMMA Investing LLC boosted its stake in Employers by 61.1% during the 4th quarter. GAMMA Investing LLC now owns 1,845 shares of the financial services provider’s stock valued at $95,000 after purchasing an additional 700 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Employers by 10.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,680 shares of the financial services provider’s stock valued at $137,000 after buying an additional 262 shares during the last quarter. Institutional investors own 80.49% of the company’s stock.

Employers Price Performance

NYSE EIG opened at $50.38 on Friday. The company’s fifty day moving average is $49.69 and its two-hundred day moving average is $49.95. Employers Holdings, Inc. has a 52-week low of $38.67 and a 52-week high of $54.44. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 10.70 and a beta of 0.21.

Employers (NYSE:EIG) last released its earnings results on Thursday, February 20th. The financial services provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.07. The business had revenue of $216.60 million for the quarter, compared to the consensus estimate of $221.18 million. Employers had a return on equity of 8.99% and a net margin of 13.47%. As a group, sell-side analysts expect that Employers Holdings, Inc. will post 3.63 earnings per share for the current fiscal year.

Employers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were paid a $0.30 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.38%. Employers’s payout ratio is currently 25.48%.

Insider Buying and Selling

In other news, Director James R. Kroner sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $52.00, for a total value of $52,000.00. Following the sale, the director now directly owns 22,458 shares in the company, valued at approximately $1,167,816. This represents a 4.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Ann Marie Smith sold 1,385 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $51.24, for a total value of $70,967.40. Following the completion of the transaction, the insider now directly owns 8,801 shares of the company’s stock, valued at approximately $450,963.24. The trade was a 13.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,385 shares of company stock valued at $276,267 over the last quarter. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Employers from a “buy” rating to a “hold” rating in a report on Friday, December 20th.

Employers Profile

Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company operates in two segments, Employers and Cerity. It offers workers’ compensation insurance to small businesses in low to medium hazard industries under the Employers and Cerity brands.