Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 91,500 Employers Holdings, Inc. (NYSE:EIG)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Employers Holdings, Inc. (NYSE:EIG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 91,500 shares of the financial services provider's stock, valued at approximately $4,688,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.37% of Employers at the end of the most recent quarter.

Several other large investors have also modified their holdings of EIG. Barclays PLC increased its position in shares of Employers by 300.2% in the third quarter. Barclays PLC now owns 41,501 shares of the financial services provider's stock valued at $1,991,000 after buying an additional 31,131 shares in 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 purchasing an additional 2,139 shares in 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 purchasing an additional 1,032 shares in 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 purchasing an additional 2,768 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of Employers by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 9,895 shares of the financial services provider's stock valued at $488,000 after buying an additional 252 shares during the period. Hedge funds and other institutional investors own 80.49% of the company's stock.

Employers Trading Down 1.1%

EIG stock traded down $0.54 during midday trading on Thursday, hitting $47.22. 9,936 shares of the company's stock were exchanged, compared to its average volume of 138,527. Employers Holdings, Inc. has a 12-month low of $40.66 and a 12-month high of $54.44. The firm has a 50 day moving average price of $48.65 and a 200-day moving average price of $49.87. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 10.00 and a beta of 0.56.

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

Employers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This is an increase from Employers's previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.71%. Employers's dividend payout ratio (DPR) is 31.07%.

Insider Activity

In other Employers news, EVP Michael Pedraja acquired 3,050 shares of the business's stock in a transaction on Tuesday, May 6th. The stock was purchased at an average price of $48.59 per share, for a total transaction of $148,199.50. Following the transaction, the executive vice president now owns 7,330 shares in the company, valued at $356,164.70. This trade represents a 71.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John M. Mutschink sold 2,000 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $49.12, for a total value of $98,240.00. Following the sale, the executive vice president now owns 19,789 shares of the company's stock, valued at approximately $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 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.