Employers Holdings, Inc. (EIG) EVP Sells $115,893.54 in Stock

Employers Holdings, Inc. (NYSE:EIG) EVP John P. Nelson sold 2,679 shares of the business’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $43.26, for a total value of $115,893.54. Following the completion of the sale, the executive vice president now directly owns 16,977 shares of the company’s stock, valued at approximately $734,425.02. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Employers Holdings, Inc. (EIG) traded up $0.60 during trading on Friday, hitting $41.00. The company had a trading volume of 215,422 shares, compared to its average volume of 127,331. The stock has a market cap of $1,329.67, a P/E ratio of 14.80 and a beta of 1.05. Employers Holdings, Inc. has a 52 week low of $35.90 and a 52 week high of $50.45.

EIG has been the subject of a number of recent analyst reports. SunTrust Banks reaffirmed a “buy” rating and set a $53.00 price target on shares of Employers in a research report on Friday, October 27th. Zacks Investment Research raised Employers from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research report on Monday, October 30th. Finally, ValuEngine downgraded Employers from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $46.00.

Several institutional investors have recently bought and sold shares of the stock. Piedmont Investment Advisors LLC bought a new position in Employers in the 2nd quarter valued at approximately $295,000. Royal Bank of Canada lifted its position in Employers by 84.3% in the 2nd quarter. Royal Bank of Canada now owns 18,801 shares of the financial services provider’s stock valued at $794,000 after acquiring an additional 8,602 shares in the last quarter. California Public Employees Retirement System lifted its position in Employers by 8.5% in the 3rd quarter. California Public Employees Retirement System now owns 75,097 shares of the financial services provider’s stock valued at $3,413,000 after acquiring an additional 5,897 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Employers by 1.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,469,965 shares of the financial services provider’s stock valued at $112,260,000 after acquiring an additional 27,384 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in Employers by 40.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 54,133 shares of the financial services provider’s stock valued at $2,461,000 after acquiring an additional 15,715 shares in the last quarter. Institutional investors own 77.72% of the company’s stock.

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Employers Company Profile

Employers Holdings, Inc is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. It provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses.

Insider Buying and Selling by Quarter for Employers (NYSE:EIG)

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