16,988 Shares in Employers Holdings, Inc. (NYSE:EIG) Bought by Vest Financial LLC

Vest Financial LLC acquired a new stake in Employers Holdings, Inc. (NYSE:EIG - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 16,988 shares of the financial services provider's stock, valued at approximately $860,000. Vest Financial LLC owned 0.07% of Employers as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC lifted its holdings 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 worth $1,991,000 after purchasing an additional 31,131 shares in the last quarter. Deutsche Bank AG raised its holdings in Employers by 121.1% during the fourth quarter. Deutsche Bank AG now owns 51,742 shares of the financial services provider's stock worth $2,651,000 after buying an additional 28,343 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Employers by 181.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,205 shares of the financial services provider's stock valued at $1,240,000 after buying an additional 15,617 shares in the last quarter. Intech Investment Management LLC grew its holdings in shares of Employers by 103.3% during the fourth quarter. Intech Investment Management LLC now owns 12,517 shares of the financial services provider's stock valued at $641,000 after buying an additional 6,359 shares during the last quarter. Finally, Amundi grew its holdings in shares of Employers by 187.3% during the fourth quarter. Amundi now owns 12,016 shares of the financial services provider's stock valued at $586,000 after buying an additional 7,833 shares during the last quarter. Institutional investors own 80.49% of the company's stock.

Insider Activity at Employers

In other news, EVP Michael Pedraja bought 3,050 shares of Employers stock in a transaction dated 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 purchase, the executive vice president now directly owns 7,330 shares in the company, valued at $356,164.70. The trade was a 71.26% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John M. Mutschink sold 2,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $49.12, for a total transaction of $98,240.00. Following the completion of the sale, the executive vice president now owns 19,789 shares of the company's stock, valued at approximately $972,035.68. This represents 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.

Employers Trading Down 1.3%

Shares of EIG traded down $0.60 on Monday, reaching $47.07. The company's stock had a trading volume of 155,230 shares, compared to its average volume of 139,741. Employers Holdings, Inc. has a twelve month low of $40.66 and a twelve month high of $54.44. The stock has a market capitalization of $1.13 billion, a PE ratio of 9.99 and a beta of 0.56. The firm has a fifty day moving average of $48.51 and a 200-day moving average of $49.75.

Employers (NYSE:EIG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.18. The firm 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 company's revenue for the quarter was down 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. As a group, equities analysts anticipate that Employers Holdings, Inc. will post 3.63 EPS for the current fiscal year.

Employers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $1.28 annualized dividend and a yield of 2.72%. This is an increase from Employers's previous quarterly dividend of $0.30. Employers's dividend payout ratio is 31.07%.

Employers Company Profile

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.