Brandywine Global Investment Management LLC reduced its position in shares of Employers Holdings Inc (NYSE:EIG) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,526 shares of the financial services provider’s stock after selling 4,082 shares during the period. Brandywine Global Investment Management LLC owned 0.31% of Employers Holdings worth $4,210,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of EIG. Prudential Financial Inc. raised its stake in Employers Holdings by 12.6% in the second quarter. Prudential Financial Inc. now owns 402,566 shares of the financial services provider’s stock worth $17,028,000 after buying an additional 45,088 shares in the last quarter. Aviance Capital Partners LLC raised its stake in Employers Holdings by 1.0% in the second quarter. Aviance Capital Partners LLC now owns 45,765 shares of the financial services provider’s stock worth $1,936,000 after buying an additional 448 shares in the last quarter. Vanguard Group Inc. raised its stake in Employers Holdings by 5.6% in the first quarter. Vanguard Group Inc. now owns 2,797,847 shares of the financial services provider’s stock worth $106,177,000 after buying an additional 147,837 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Employers Holdings by 5.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,350,986 shares of the financial services provider’s stock worth $89,220,000 after buying an additional 119,843 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in Employers Holdings by 25.3% in the first quarter. Victory Capital Management Inc. now owns 5,768 shares of the financial services provider’s stock worth $219,000 after buying an additional 1,163 shares in the last quarter. Institutional investors own 77.33% of the company’s stock.

Employers Holdings Inc (EIG) opened at 46.40 on Friday. The company has a market cap of $1.50 billion, a P/E ratio of 14.37 and a beta of 1.12. The firm’s 50 day moving average is $42.65 and its 200-day moving average is $41.25. Employers Holdings Inc has a 52 week low of $29.55 and a 52 week high of $46.60.

Employers Holdings (NYSE:EIG) last released its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.05. Employers Holdings had a net margin of 13.72% and a return on equity of 10.25%. The company had revenue of $191.10 million during the quarter, compared to analysts’ expectations of $194.78 million. On average, analysts predict that Employers Holdings Inc will post $2.27 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Employers Holdings from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Wednesday, August 30th. BidaskClub downgraded shares of Employers Holdings from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Buckingham Research assumed coverage on shares of Employers Holdings in a research note on Monday, September 11th. They issued an “underperform” rating and a $36.00 price target for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Employers Holdings currently has a consensus rating of “Hold” and a consensus price target of $42.00.

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Employers Holdings Company Profile

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.

Institutional Ownership by Quarter for Employers Holdings (NYSE:EIG)

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