WINTON GROUP Ltd Takes Position in Employers Holdings, Inc. (NYSE:EIG)

WINTON GROUP Ltd purchased a new stake in shares of Employers Holdings, Inc. (NYSE:EIG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 20,502 shares of the financial services provider's stock, valued at approximately $1,050,000. WINTON GROUP Ltd owned 0.08% of Employers as of its most recent filing with the Securities and Exchange Commission.

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

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Wall Street Analyst Weigh In

Separately, StockNews.com cut Employers from a "buy" rating to a "hold" rating in a report on Friday, December 20th.

Insider Activity

In other news, Director James R. Kroner sold 2,000 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $50.90, for a total value of $101,800.00. Following the transaction, the director now directly owns 25,458 shares of the company's stock, valued at approximately $1,295,812.20. This represents a 7.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ann Marie Smith sold 1,385 shares of Employers stock in a transaction on Friday, February 28th. The shares were sold at an average price of $51.24, for a total value of $70,967.40. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 5,385 shares of company stock worth $276,267 in the last 90 days. Company insiders own 1.50% of the company's stock.

Employers Trading Down 0.6 %

Shares of EIG traded down $0.31 during midday trading on Wednesday, hitting $51.00. The stock had a trading volume of 17,498 shares, compared to its average volume of 149,885. The business has a 50-day simple moving average of $49.74 and a two-hundred day simple moving average of $50.05. The firm has a market cap of $1.24 billion, a P/E ratio of 10.83 and a beta of 0.21. Employers Holdings, Inc. has a fifty-two week low of $38.67 and a fifty-two week high of $54.44.

Employers (NYSE:EIG - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.07. Employers had a net margin of 13.47% and a return on equity of 8.99%. The firm had revenue of $216.60 million for the quarter, compared to analysts' expectations of $221.18 million. On average, 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 declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend was Wednesday, March 5th. Employers's payout ratio is 25.48%.

Employers Company 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.