Boston Partners Boosts Stock Position in Employers Holdings, Inc. (NYSE:EIG)

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

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Smartleaf Asset Management LLC boosted its position in shares of Employers by 312.0% during the 4th 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 last quarter. Versant Capital Management Inc raised its stake in Employers by 50.1% in the fourth quarter. Versant Capital Management Inc now owns 596 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 199 shares in the last quarter. FMR LLC lifted its position in Employers by 15.2% during the third 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 last quarter. GAMMA Investing LLC grew its stake in Employers by 61.1% in the 4th quarter. GAMMA Investing LLC now owns 1,845 shares of the financial services provider's stock worth $95,000 after buying an additional 700 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of 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 worth $137,000 after buying an additional 262 shares during the last quarter. 80.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Employers Stock Performance

Shares of EIG stock traded up $0.38 on Tuesday, hitting $50.29. 146,843 shares of the company's stock traded hands, compared to its average volume of 121,317. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.68 and a beta of 0.21. The company's fifty day simple moving average is $49.63 and its 200 day simple moving average is $49.90. Employers Holdings, Inc. has a one year low of $38.67 and a one year high of $54.44.

Employers (NYSE:EIG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.08 by $0.07. The firm 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 anticipate that Employers Holdings, Inc. will post 3.63 earnings per share for the current fiscal year.

Employers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend was Wednesday, March 5th. Employers's dividend payout ratio (DPR) is presently 25.48%.

Wall Street Analyst Weigh In

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

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.