6,222 Shares in Employers Holdings, Inc. (NYSE:EIG) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Employers Holdings, Inc. (NYSE:EIG - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 6,222 shares of the financial services provider's stock, valued at approximately $319,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EIG. Norges Bank purchased a new position in shares of Employers during the 4th quarter valued at $8,935,000. Raymond James Financial Inc. purchased a new position in Employers during the fourth quarter worth about $7,451,000. JPMorgan Chase & Co. increased its stake in Employers by 158.7% in the 4th quarter. JPMorgan Chase & Co. now owns 205,698 shares of the financial services provider's stock worth $10,538,000 after acquiring an additional 126,186 shares during the last quarter. American Century Companies Inc. increased its stake in Employers by 9.5% in the 4th quarter. American Century Companies Inc. now owns 565,154 shares of the financial services provider's stock worth $28,953,000 after acquiring an additional 48,844 shares during the last quarter. Finally, Barclays PLC raised 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 valued at $1,991,000 after acquiring an additional 31,131 shares in the last quarter. 80.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director James R. Kroner sold 2,000 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $50.90, for a total transaction of $101,800.00. Following the transaction, the director now owns 25,458 shares of the company's stock, valued at approximately $1,295,812.20. This trade represents a 7.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ann Marie Smith sold 1,385 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $51.24, for a total transaction of $70,967.40. Following the completion of the sale, the insider now directly owns 8,801 shares of the company's stock, valued at $450,963.24. This represents a 13.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,385 shares of company stock valued at $276,267 over the last 90 days. Insiders own 1.40% of the company's stock.

Employers Trading Up 0.5 %

Shares of NYSE EIG traded up $0.23 during midday trading on Friday, hitting $49.56. 182,093 shares of the company's stock were exchanged, compared to its average volume of 138,095. The business's fifty day moving average price is $48.97 and its two-hundred day moving average price is $50.07. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 10.52 and a beta of 0.56. Employers Holdings, Inc. has a 12-month low of $40.57 and a 12-month high of $54.44.

Employers (NYSE:EIG - Get Free Report) last released its quarterly earnings results 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 business had revenue of $202.60 million during the quarter, compared to analysts' expectations of $216.81 million. Employers had a net margin of 13.47% and a return on equity of 8.99%. The business's quarterly revenue was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 EPS. Equities analysts expect that Employers Holdings, Inc. will post 3.63 earnings per share for the current fiscal year.

Employers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.32 per share. This is an increase from Employers's previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $1.28 dividend on an annualized basis and a yield of 2.58%. Employers's dividend payout ratio (DPR) is presently 31.07%.

Employers 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.