LSV Asset Management Has $41.72 Million Holdings in Employers Holdings Inc $EIG

LSV Asset Management cut its position in shares of Employers Holdings Inc (NYSE:EIG) by 4.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 982,113 shares of the financial services provider’s stock after selling 47,674 shares during the quarter. LSV Asset Management owned 4.18% of Employers worth $41,720,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Osaic Holdings Inc. raised its holdings in shares of Employers by 133.5% during the second quarter. Osaic Holdings Inc. now owns 635 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 363 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in Employers during the 2nd quarter worth approximately $39,000. Versant Capital Management Inc grew its position in Employers by 230.2% during the 3rd quarter. Versant Capital Management Inc now owns 1,981 shares of the financial services provider’s stock worth $84,000 after purchasing an additional 1,381 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Employers by 179.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,276 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 1,462 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Employers by 26.8% in the second quarter. BNP Paribas Financial Markets now owns 2,718 shares of the financial services provider’s stock valued at $128,000 after purchasing an additional 575 shares in the last quarter. 80.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EIG. Zacks Research upgraded Employers from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Employers in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Employers currently has a consensus rating of “Hold”.

Employers Trading Down 0.8%

NYSE EIG opened at $42.51 on Friday. Employers Holdings Inc has a 1-year low of $35.73 and a 1-year high of $52.28. The firm’s fifty day simple moving average is $43.50 and its 200-day simple moving average is $42.02. The company has a market capitalization of $955.71 million, a PE ratio of 16.80 and a beta of 0.57.

About Employers

Employers Holdings, Inc (NYSE: EIG) is a publicly traded property and casualty insurance holding company headquartered in Des Moines, Iowa. Through its subsidiaries, Employers Mutual Casualty Company and Employers Preferred Insurance Company, the firm specializes in providing workers’ compensation coverage alongside an array of commercial insurance products. Its service offerings include general liability, commercial auto, businessowners policies and umbrella coverages, tailored to meet the risk-management needs of small and mid-sized businesses across multiple industries.

The company markets its insurance solutions primarily through a network of independent agencies and brokers, leveraging local market expertise to underwrite policies that address the unique exposures faced by clients in manufacturing, construction, healthcare, retail and service sectors.