Brokerages Set The Hanover Insurance Group, Inc. (NYSE:THG) PT at $175.25

Shares of The Hanover Insurance Group, Inc. (NYSE:THG - Get Free Report) have received a consensus rating of "Hold" from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $175.25.

THG has been the topic of several research reports. BMO Capital Markets lifted their price target on shares of The Hanover Insurance Group from $161.00 to $180.00 and gave the company an "outperform" rating in a report on Thursday, December 19th. Barclays raised shares of The Hanover Insurance Group to a "hold" rating in a report on Friday, January 24th. Morgan Stanley lifted their price target on shares of The Hanover Insurance Group from $165.00 to $170.00 and gave the company an "equal weight" rating in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of The Hanover Insurance Group from $176.00 to $179.00 and gave the company a "market perform" rating in a report on Monday, February 10th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC lifted its position in shares of The Hanover Insurance Group by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 7,163 shares of the insurance provider's stock valued at $1,092,000 after acquiring an additional 65 shares during the period. AMG National Trust Bank lifted its position in shares of The Hanover Insurance Group by 0.7% during the 4th quarter. AMG National Trust Bank now owns 10,776 shares of the insurance provider's stock valued at $1,658,000 after acquiring an additional 71 shares during the period. Captrust Financial Advisors lifted its position in shares of The Hanover Insurance Group by 4.7% during the 3rd quarter. Captrust Financial Advisors now owns 1,822 shares of the insurance provider's stock valued at $270,000 after acquiring an additional 81 shares during the period. Ironwood Investment Management LLC lifted its position in shares of The Hanover Insurance Group by 0.9% during the 4th quarter. Ironwood Investment Management LLC now owns 9,703 shares of the insurance provider's stock valued at $1,501,000 after acquiring an additional 85 shares during the period. Finally, Venturi Wealth Management LLC lifted its position in shares of The Hanover Insurance Group by 49.5% during the 4th quarter. Venturi Wealth Management LLC now owns 272 shares of the insurance provider's stock valued at $42,000 after acquiring an additional 90 shares during the period. Institutional investors and hedge funds own 86.61% of the company's stock.

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The Hanover Insurance Group Price Performance

Shares of NYSE THG traded down $0.83 during mid-day trading on Wednesday, reaching $170.21. The company had a trading volume of 585,977 shares, compared to its average volume of 184,999. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.40 and a current ratio of 0.40. The Hanover Insurance Group has a one year low of $119.66 and a one year high of $173.30. The firm has a market cap of $6.12 billion, a price-to-earnings ratio of 14.56 and a beta of 0.65. The business's 50-day simple moving average is $161.64 and its 200 day simple moving average is $156.17.

The Hanover Insurance Group (NYSE:THG - Get Free Report) last posted its earnings results on Tuesday, February 4th. The insurance provider reported $5.32 EPS for the quarter, topping analysts' consensus estimates of $3.45 by $1.87. The Hanover Insurance Group had a net margin of 6.83% and a return on equity of 18.01%. On average, research analysts predict that The Hanover Insurance Group will post 14.37 earnings per share for the current fiscal year.

The Hanover Insurance Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.90 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.12%. The Hanover Insurance Group's dividend payout ratio (DPR) is currently 30.80%.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc, through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage.