Universal Beteiligungs und Servicegesellschaft mbH lowered its position in Employers Holdings Inc (NYSE:EIG - Free Report) by 48.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,594 shares of the financial services provider's stock after selling 45,161 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.21% of Employers worth $2,055,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. grew its stake in Employers by 133.5% in the second quarter. Osaic Holdings Inc. now owns 635 shares of the financial services provider's stock worth $30,000 after purchasing an additional 363 shares in the last quarter. GAMMA Investing LLC grew its stake in Employers by 35.7% in the fourth quarter. GAMMA Investing LLC now owns 1,561 shares of the financial services provider's stock worth $67,000 after purchasing an additional 411 shares in the last quarter. Versant Capital Management Inc grew its stake in Employers by 230.2% in the third quarter. Versant Capital Management Inc now owns 1,981 shares of the financial services provider's stock worth $84,000 after purchasing an additional 1,381 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Employers by 179.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,276 shares of the financial services provider's stock worth $107,000 after purchasing an additional 1,462 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Employers by 26.8% in the second quarter. BNP Paribas Financial Markets now owns 2,718 shares of the financial services provider's stock worth $128,000 after purchasing an additional 575 shares in the last quarter. Institutional investors own 80.49% of the company's stock.
Insider Activity
In other Employers news, EVP Michael Pedraja acquired 2,000 shares of the firm's stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $39.73 per share, for a total transaction of $79,460.00. Following the acquisition, the executive vice president owned 19,830 shares in the company, valued at approximately $787,845.90. This trade represents a 11.22% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Christina M. Ozuna sold 4,500 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $39.88, for a total value of $179,460.00. Following the sale, the insider owned 15,008 shares of the company's stock, valued at approximately $598,519.04. This represents a 23.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.40% of the company's stock.
More Employers News
Here are the key news stories impacting Employers this week:
Employers Stock Down 0.3%
Shares of NYSE EIG opened at $42.00 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.40 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $782.44 million, a PE ratio of 127.27 and a beta of 0.49. The stock's fifty day simple moving average is $41.10 and its two-hundred day simple moving average is $41.62. Employers Holdings Inc has a 12-month low of $35.73 and a 12-month high of $50.37.
Employers (NYSE:EIG - Get Free Report) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.02). The company had revenue of $207.60 million for the quarter, compared to the consensus estimate of $213.04 million. Employers had a net margin of 0.95% and a return on equity of 1.10%. The firm's revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $0.87 EPS. As a group, analysts expect that Employers Holdings Inc will post 2.17 EPS for the current fiscal year.
Employers Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.34 per share. The ex-dividend date is Wednesday, May 13th. This represents a $1.36 annualized dividend and a dividend yield of 3.2%. This is a boost from Employers's previous quarterly dividend of $0.32. Employers's dividend payout ratio (DPR) is currently 387.88%.
Wall Street Analyst Weigh In
Several analysts have issued reports on EIG shares. Zacks Research raised Employers from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 24th. Wall Street Zen cut Employers from a "hold" rating to a "sell" rating in a research report on Saturday, March 7th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".
Read Our Latest Research Report on Employers
Employers Company Profile
(
Free Report)
Employers Holdings, Inc NYSE: EIG is a publicly traded property and casualty insurance holding company headquartered in Des Moines, Iowa. Through its subsidiaries, Employers Mutual Casualty Company and Employers Preferred Insurance Company, the firm specializes in providing workers' compensation coverage alongside an array of commercial insurance products. Its service offerings include general liability, commercial auto, businessowners policies and umbrella coverages, tailored to meet the risk-management needs of small and mid-sized businesses across multiple industries.
The company markets its insurance solutions primarily through a network of independent agencies and brokers, leveraging local market expertise to underwrite policies that address the unique exposures faced by clients in manufacturing, construction, healthcare, retail and service sectors.
See Also
Want to see what other hedge funds are holding EIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Employers Holdings Inc (NYSE:EIG - Free Report).

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