Employers Holdings, Inc. (NYSE:EIG) Shares Purchased by Boston Partners

Boston Partners grew its holdings in Employers Holdings, Inc. (NYSE:EIG - Free Report) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,489 shares of the financial services provider's stock after buying an additional 10,158 shares during the quarter. Boston Partners owned about 1.13% of Employers worth $14,248,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of EIG. Raymond James Financial Inc. acquired a new stake in Employers in the fourth quarter valued at $7,451,000. Barclays PLC lifted its stake in shares of Employers by 300.2% in the third quarter. Barclays PLC now owns 41,501 shares of the financial services provider's stock valued at $1,991,000 after purchasing an additional 31,131 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Employers by 181.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,205 shares of the financial services provider's stock worth $1,240,000 after buying an additional 15,617 shares in the last quarter. JPMorgan Chase & Co. grew its position in Employers by 18.5% during the third quarter. JPMorgan Chase & Co. now owns 79,512 shares of the financial services provider's stock worth $3,814,000 after buying an additional 12,422 shares during the period. Finally, Jane Street Group LLC increased its holdings in Employers by 22.9% in the third quarter. Jane Street Group LLC now owns 48,982 shares of the financial services provider's stock valued at $2,350,000 after buying an additional 9,138 shares in the last quarter. 80.49% of the stock is currently owned by hedge funds and other institutional investors.

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Employers Price Performance

NYSE:EIG traded up $0.74 during trading hours on Monday, reaching $49.94. 132,471 shares of the company traded hands, compared to its average volume of 121,317. Employers Holdings, Inc. has a 1-year low of $38.67 and a 1-year high of $54.44. The stock has a market cap of $1.22 billion, a P/E ratio of 10.60 and a beta of 0.21. The firm's 50-day moving average is $49.63 and its 200-day moving average is $49.90.

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

Employers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend was Wednesday, March 5th. Employers's dividend payout ratio is presently 25.48%.

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.

Insider Transactions at Employers

In other Employers news, Director James R. Kroner sold 2,000 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $50.90, for a total value of $101,800.00. Following the sale, the director now directly owns 25,458 shares of the company's stock, valued at approximately $1,295,812.20. This trade represents a 7.28 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ann Marie Smith sold 1,385 shares of Employers stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $51.24, for a total value of $70,967.40. Following the completion of the sale, the insider now owns 8,801 shares of the company's stock, valued at $450,963.24. This trade represents 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 over the last quarter. 1.50% of the stock is currently owned by insiders.

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.