Aperio Group LLC raised its stake in Hanover Insurance Group Inc (NYSE:THG) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,618 shares of the insurance provider’s stock after buying an additional 978 shares during the quarter. Aperio Group LLC’s holdings in Hanover Insurance Group were worth $3,182,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in THG. Lord Abbett & CO. LLC raised its position in shares of Hanover Insurance Group by 87.6% during the first quarter. Lord Abbett & CO. LLC now owns 777,212 shares of the insurance provider’s stock worth $91,626,000 after purchasing an additional 363,017 shares during the period. Victory Capital Management Inc. raised its position in shares of Hanover Insurance Group by 40.4% during the first quarter. Victory Capital Management Inc. now owns 1,253,772 shares of the insurance provider’s stock worth $147,808,000 after purchasing an additional 360,659 shares during the period. Ceredex Value Advisors LLC acquired a new stake in shares of Hanover Insurance Group during the first quarter worth about $39,074,000. Millennium Management LLC raised its position in shares of Hanover Insurance Group by 1,582.6% during the first quarter. Millennium Management LLC now owns 212,532 shares of the insurance provider’s stock worth $25,055,000 after purchasing an additional 199,901 shares during the period. Finally, Scout Investments Inc. acquired a new stake in shares of Hanover Insurance Group during the first quarter worth about $20,587,000. 84.92% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently commented on the company. Keefe, Bruyette & Woods set a $140.00 price target on Hanover Insurance Group and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Zacks Investment Research raised Hanover Insurance Group from a “sell” rating to a “hold” rating in a research report on Tuesday, June 12th. Finally, ValuEngine raised Hanover Insurance Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.

NYSE THG opened at $130.05 on Friday. The stock has a market cap of $5.32 billion, a PE ratio of 27.44 and a beta of 0.94. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.27. Hanover Insurance Group Inc has a one year low of $87.91 and a one year high of $130.29.

Hanover Insurance Group (NYSE:THG) last released its quarterly earnings results on Wednesday, August 1st. The insurance provider reported $2.20 EPS for the quarter, topping the Zacks’ consensus estimate of $2.09 by $0.11. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. Hanover Insurance Group had a return on equity of 9.11% and a net margin of 4.29%. Hanover Insurance Group’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.83 earnings per share. research analysts anticipate that Hanover Insurance Group Inc will post 8.6 earnings per share for the current fiscal year.

About Hanover Insurance Group

The Hanover Insurance Group, Inc, through its subsidiaries, provides various property and casualty insurance products and services in the United States and internationally. It operates through four segments: Commercial Lines, Personal Lines, Chaucer, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial coverages, such as inland marine, specialty program business, management and professional liability, surety, and specialty property, as well as monoline general liability, umbrella, healthcare, and miscellaneous commercial property insurance products.

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Institutional Ownership by Quarter for Hanover Insurance Group (NYSE:THG)

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