The Hanover Insurance Group, Inc. (NYSE:THG) Stock Position Increased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC grew its position in The Hanover Insurance Group, Inc. (NYSE:THG - Free Report) by 22.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 62,806 shares of the insurance provider's stock after purchasing an additional 11,422 shares during the period. Aptus Capital Advisors LLC owned approximately 0.17% of The Hanover Insurance Group worth $9,714,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in THG. Wilmington Savings Fund Society FSB acquired a new stake in The Hanover Insurance Group in the 3rd quarter valued at approximately $30,000. EverSource Wealth Advisors LLC boosted its holdings in shares of The Hanover Insurance Group by 91.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 213 shares of the insurance provider's stock valued at $33,000 after acquiring an additional 102 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of The Hanover Insurance Group by 49.5% during the 4th quarter. Venturi Wealth Management LLC now owns 272 shares of the insurance provider's stock valued at $42,000 after purchasing an additional 90 shares during the period. Eagle Bay Advisors LLC grew its holdings in The Hanover Insurance Group by 502.1% during the fourth quarter. Eagle Bay Advisors LLC now owns 283 shares of the insurance provider's stock worth $44,000 after acquiring an additional 236 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of The Hanover Insurance Group by 226.0% during the 4th quarter. GAMMA Investing LLC now owns 339 shares of the insurance provider's stock valued at $52,000 after purchasing an additional 235 shares in the last quarter. Institutional investors and hedge funds own 86.61% of the company's stock.

Insider Buying and Selling

In other The Hanover Insurance Group news, CEO John C. Roche sold 200 shares of the business's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $175.01, for a total value of $35,002.00. Following the completion of the sale, the chief executive officer now owns 124,278 shares of the company's stock, valued at $21,749,892.78. The trade was a 0.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

The Hanover Insurance Group Stock Up 2.8 %

THG opened at $170.25 on Friday. The company has a market capitalization of $6.12 billion, a PE ratio of 14.56 and a beta of 0.47. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.40 and a quick ratio of 0.40. The Hanover Insurance Group, Inc. has a fifty-two week low of $119.66 and a fifty-two week high of $176.16. The business has a 50-day moving average of $165.45 and a 200-day moving average of $159.84.

The Hanover Insurance Group (NYSE:THG - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The insurance provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.29. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.55 billion. The Hanover Insurance Group had a net margin of 6.83% and a return on equity of 18.01%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $3.08 earnings per share. Equities research analysts forecast that The Hanover Insurance Group, Inc. will post 14.37 EPS for the current fiscal year.

The Hanover Insurance Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Friday, March 14th. The Hanover Insurance Group's payout ratio is presently 30.80%.

Wall Street Analyst Weigh In

THG has been the subject of several recent research reports. Barclays raised shares of The Hanover Insurance Group to a "hold" rating in a research note on Friday, January 24th. JMP Securities lifted their target price on The Hanover Insurance Group from $175.00 to $185.00 and gave the stock a "market outperform" rating in a report on Thursday. Piper Sandler upped their target price on The Hanover Insurance Group from $190.00 to $205.00 and gave the company an "overweight" rating in a report on Tuesday, April 1st. Keefe, Bruyette & Woods decreased their price target on The Hanover Insurance Group from $179.00 to $171.00 and set a "market perform" rating for the company in a research report on Wednesday, April 9th. Finally, Morgan Stanley boosted their price objective on The Hanover Insurance Group from $165.00 to $170.00 and gave the stock an "equal weight" rating in a report on Thursday, February 6th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $179.25.

The Hanover Insurance Group Profile

The Hanover Insurance Group, Inc, through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage.

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