Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Employers Holdings, Inc. (NYSE:EIG)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Employers Holdings, Inc. (NYSE:EIG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 91,500 shares of the financial services provider's stock, valued at approximately $4,688,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.37% of Employers as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of Employers by 300.2% in the 3rd quarter. Barclays PLC now owns 41,501 shares of the financial services provider's stock valued at $1,991,000 after acquiring an additional 31,131 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Employers by 3.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 69,556 shares of the financial services provider's stock valued at $3,563,000 after acquiring an additional 2,139 shares during the last quarter. Meritage Portfolio Management lifted its stake in shares of Employers by 12.4% in the 4th quarter. Meritage Portfolio Management now owns 9,329 shares of the financial services provider's stock valued at $478,000 after acquiring an additional 1,032 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Employers by 2.4% in the 4th quarter. Principal Financial Group Inc. now owns 119,849 shares of the financial services provider's stock valued at $6,140,000 after acquiring an additional 2,768 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of Employers by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 9,895 shares of the financial services provider's stock valued at $488,000 after acquiring an additional 252 shares during the last quarter. Institutional investors own 80.49% of the company's stock.

Employers Stock Down 1.3%

Shares of NYSE EIG traded down $0.63 during midday trading on Thursday, reaching $47.13. The company had a trading volume of 140,038 shares, compared to its average volume of 139,152. Employers Holdings, Inc. has a one year low of $40.66 and a one year high of $54.44. The firm's fifty day moving average price is $48.58 and its 200-day moving average price is $49.83. The stock has a market cap of $1.13 billion, a PE ratio of 10.01 and a beta of 0.56.

Employers (NYSE:EIG - Get Free Report) last released its earnings results on Thursday, May 1st. The financial services provider reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.18. Employers had a return on equity of 8.99% and a net margin of 13.47%. The company had revenue of $202.60 million during the quarter, compared to analyst estimates of $216.81 million. During the same quarter in the previous year, the company posted $0.67 EPS. Employers's revenue for the quarter was down 9.2% on a year-over-year basis. As a group, equities research analysts expect that Employers Holdings, Inc. will post 3.63 EPS for the current year.

Employers Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date was Wednesday, May 14th. This is a positive change from Employers's previous quarterly dividend of $0.30. Employers's payout ratio is 31.07%.

Insider Buying and Selling at Employers

In other Employers news, EVP Michael Pedraja purchased 3,050 shares of the stock in a transaction on Tuesday, May 6th. The stock was acquired at an average price of $48.59 per share, with a total value of $148,199.50. Following the transaction, the executive vice president now directly owns 7,330 shares of the company's stock, valued at approximately $356,164.70. This trade represents a 71.26% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John M. Mutschink sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $49.12, for a total value of $98,240.00. Following the transaction, the executive vice president now directly owns 19,789 shares of the company's stock, valued at $972,035.68. The trade was a 9.18% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by corporate insiders.

About Employers

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.