Wednesday, October 23, 2024
HomeEconomic EventsCapital Investment Advisors buys 8,070 shares of EIG

Capital Investment Advisors buys 8,070 shares of EIG

Recently, several big investors have bought or sold shares of Employers Holdings, Inc. Lazard Asset Management bought a new stake worth about $36,000, while Bessemer Group Inc. increased its holdings by 983.8%, now owning shares worth $51,000. GAMMA Investing LLC raised its position by 45.5%, owning shares worth $55,000. Innealta Capital LLC also acquired a new stake valued at around $81,000, and Mutual of America Capital Management acquired $201,000 in shares. In total, institutional investors own 80.49% of the company.

Analyst Ratings Changes

JMP Securities upgraded Employers to a “hold” rating on August 1st.


Get Our Latest Report on Employers

Employers Trading Down 1.5%

As of Tuesday, EIG shares opened at $48.65, with a yearly low of $36.65 and a high of $50.00. The market cap is $1.23 billion, with a P/E ratio of 10.31. The 50-day moving average is $47.62, and the 200-day is $44.83. On July 31, Employers reported earnings of $1.10 per share, exceeding estimates of $1.08, with revenue of $217 million.

Employers Announces Dividend

The company declared a quarterly dividend of $0.30 per share, paid on August 28th. This annualizes to $1.20, yielding 2.47%, with a payout ratio of 25.42%.

Employers Profile

(Free Report) Employers Holdings, Inc. offers workers’ compensation insurance primarily in the U.S. through its Employers and Cerity brands.

Featured Articles

Want to see what other hedge funds are holding EIG? Visit HoldingsChannel.com for the latest on Employers Holdings, Inc.

Institutional Ownership by Quarter for Employers (NYSE:EIG)

Receive News & Ratings for Employers Daily – Enter your email below for a daily summary of the latest news and ratings for Employers with MarketBeat.com’s FREE daily newsletter.




`

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments