The Hanover Insurance Group, Inc. (NYSE:THG) Shares Acquired by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. boosted its holdings in The Hanover Insurance Group, Inc. (NYSE:THG - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 625,527 shares of the insurance provider's stock after acquiring an additional 4,168 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 1.74% of The Hanover Insurance Group worth $96,744,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC grew its position in The Hanover Insurance Group by 0.9% in 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 buying an additional 65 shares in the last quarter. AMG National Trust Bank increased its stake in shares of The Hanover Insurance Group by 0.7% during the fourth 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. Ironwood Investment Management LLC raised its holdings in The Hanover Insurance Group by 0.9% during the fourth quarter. Ironwood Investment Management LLC now owns 9,703 shares of the insurance provider's stock worth $1,501,000 after purchasing an additional 85 shares in the last quarter. Venturi Wealth Management LLC lifted its position in The Hanover Insurance Group by 49.5% in the fourth quarter. Venturi Wealth Management LLC now owns 272 shares of the insurance provider's stock worth $42,000 after purchasing an additional 90 shares during the period. Finally, Truist Financial Corp lifted its position in The Hanover Insurance Group by 4.7% in the fourth quarter. Truist Financial Corp now owns 2,025 shares of the insurance provider's stock worth $313,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 86.61% of the company's stock.

The Hanover Insurance Group Price Performance

THG opened at $163.14 on Wednesday. The firm has a market capitalization of $5.86 billion, a P/E ratio of 13.96 and a beta of 0.47. The stock has a fifty day moving average of $164.69 and a 200-day moving average of $158.88. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.25. The Hanover Insurance Group, Inc. has a 12-month low of $119.66 and a 12-month high of $176.16.

The Hanover Insurance Group (NYSE:THG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The insurance provider reported $5.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.45 by $1.87. The Hanover Insurance Group had a return on equity of 18.01% and a net margin of 6.83%. Equities analysts forecast that The Hanover Insurance Group, Inc. will post 14.37 EPS for the current fiscal year.

The Hanover Insurance Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date was Friday, March 14th. The Hanover Insurance Group's payout ratio is presently 30.80%.

Insider Buying and Selling at The Hanover Insurance Group

In other news, CEO John C. Roche sold 301 shares of the company's stock in a transaction on Monday, March 31st. The shares were sold at an average price of $175.00, for a total value of $52,675.00. Following the transaction, the chief executive officer now directly owns 124,414 shares of the company's stock, valued at approximately $21,772,450. This represents a 0.24 % 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. Company insiders own 2.50% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on THG shares. Piper Sandler boosted their price objective on The Hanover Insurance Group from $190.00 to $205.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 1st. Keefe, Bruyette & Woods reduced their price objective on shares of The Hanover Insurance Group from $179.00 to $171.00 and set a "market perform" rating for the company in a research report on Wednesday, April 9th. Morgan Stanley lifted their price objective on shares of The Hanover Insurance Group from $165.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 6th. Barclays raised shares of The Hanover Insurance Group to a "hold" rating in a research note on Friday, January 24th. Finally, StockNews.com lowered shares of The Hanover Insurance Group from a "buy" rating to a "hold" rating in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, The Hanover Insurance Group has a consensus rating of "Hold" and an average price target of $178.00.

The Hanover Insurance Group Profile

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.

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