Employers Holdings Inc. (NYSE:EIG) EVP Ann W. Nelson sold 1,142 shares of the stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $30.00, for a total value of $34,260.00. Following the transaction, the executive vice president now directly owns 43,344 shares of the company’s stock, valued at $1,300,320. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Employers Holdings Inc. (NYSE:EIG) traded up 1.092% during midday trading on Friday, hitting $30.085. The company’s stock had a trading volume of 5,473 shares. Employers Holdings Inc. has a 52-week low of $21.43 and a 52-week high of $32.03. The firm has a market cap of $975.90 million, a P/E ratio of 9.998 and a beta of 1.21. The stock’s 50 day moving average is $29.76 and its 200-day moving average is $29.27.
Employers Holdings (NYSE:EIG) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.57 EPS for the quarter, hitting analysts’ consensus estimates of $0.57. The company had revenue of $201.80 million for the quarter, compared to analysts’ expectations of $197.92 million. Employers Holdings had a net margin of 12.66% and a return on equity of 11.05%. Equities analysts predict that Employers Holdings Inc. will post $2.11 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of EIG. Mason Street Advisors LLC bought a new stake in Employers Holdings during the second quarter worth approximately $184,000. Arizona State Retirement System boosted its stake in shares of Employers Holdings by 2.4% in the second quarter. Arizona State Retirement System now owns 16,892 shares of the company’s stock worth $490,000 after buying an additional 400 shares during the last quarter. Highbridge Capital Management LLC acquired a new stake in shares of Employers Holdings during the second quarter worth about $499,000. AQR Capital Management LLC boosted its stake in shares of Employers Holdings by 46.7% in the second quarter. AQR Capital Management LLC now owns 232,532 shares of the company’s stock worth $6,748,000 after buying an additional 73,992 shares during the last quarter. Finally, Bridgeway Capital Management Inc. boosted its stake in shares of Employers Holdings by 26.5% in the second quarter. Bridgeway Capital Management Inc. now owns 211,550 shares of the company’s stock worth $6,139,000 after buying an additional 44,350 shares during the last quarter. 78.25% of the stock is currently owned by institutional investors.
Separately, Zacks Investment Research raised Employers Holdings from a “sell” rating to a “hold” rating in a research report 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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