Employers Holdings Inc (NYSE:EIG) has earned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Brokerages have set a 12-month consensus target price of $41.00 for the company and are predicting that the company will post $0.54 EPS for the current quarter, according to Zacks. Zacks has also given Employers Holdings an industry rank of 195 out of 265 based on the ratings given to related companies.

EIG has been the subject of several recent analyst reports. Zacks Investment Research downgraded Employers Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, May 24th. ValuEngine upgraded Employers Holdings from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, BidaskClub downgraded Employers Holdings from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd.

In related news, CEO Douglas D. Dirks sold 83,890 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $41.93, for a total transaction of $3,517,507.70. Following the sale, the chief executive officer now owns 409,535 shares in the company, valued at approximately $17,171,802.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Stephen V. Festa sold 18,329 shares of the stock in a transaction on Monday, April 24th. The shares were sold at an average price of $39.26, for a total value of $719,596.54. Following the sale, the chief operating officer now owns 19,542 shares in the company, valued at approximately $767,218.92. The disclosure for this sale can be found here. 4.00% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue raised its stake in Employers Holdings by 1.1% in the first quarter. State of Alaska Department of Revenue now owns 3,550 shares of the financial services provider’s stock valued at $134,000 after buying an additional 40 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in Employers Holdings by 1.6% in the first quarter. Louisiana State Employees Retirement System now owns 13,100 shares of the financial services provider’s stock worth $497,000 after buying an additional 200 shares during the last quarter. Legal & General Group Plc raised its stake in Employers Holdings by 0.4% in the first quarter. Legal & General Group Plc now owns 57,379 shares of the financial services provider’s stock worth $2,177,000 after buying an additional 225 shares during the last quarter. Arizona State Retirement System raised its stake in Employers Holdings by 1.8% in the first quarter. Arizona State Retirement System now owns 16,792 shares of the financial services provider’s stock worth $637,000 after buying an additional 300 shares during the last quarter. Finally, Mason Street Advisors LLC raised its stake in Employers Holdings by 7.2% in the first quarter. Mason Street Advisors LLC now owns 7,517 shares of the financial services provider’s stock worth $285,000 after buying an additional 505 shares during the last quarter. Institutional investors own 77.74% of the company’s stock.

Employers Holdings (EIG) traded up 2.84% during trading on Tuesday, hitting $43.50. 57,733 shares of the stock were exchanged. The company has a 50-day moving average price of $41.04 and a 200 day moving average price of $38.84. Employers Holdings has a 1-year low of $27.01 and a 1-year high of $43.75. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 13.26 and a beta of 1.09.

Employers Holdings (NYSE:EIG) last announced its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.06. The company had revenue of $196.30 million during the quarter, compared to the consensus estimate of $190.17 million. Employers Holdings had a return on equity of 9.83% and a net margin of 13.72%. Equities analysts predict that Employers Holdings will post $2.22 earnings per share for the current fiscal year.

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About Employers Holdings

Employers Holdings, Inc is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. It provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses.

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