Employers Holdings, Inc. (NYSE:EIG) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in Employers Holdings, Inc. (NYSE:EIG) by 1.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 423,263 shares of the financial services provider’s stock after buying an additional 4,479 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.71% of Employers worth $21,684,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its position in Employers by 312.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 482 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 365 shares during the last quarter. Versant Capital Management Inc lifted its position in Employers by 50.1% in the 4th quarter. Versant Capital Management Inc now owns 596 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 199 shares during the last quarter. FMR LLC lifted its position in Employers by 15.2% in the 3rd quarter. FMR LLC now owns 1,520 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 200 shares during the last quarter. GAMMA Investing LLC lifted its position in Employers by 61.1% in the 4th quarter. GAMMA Investing LLC now owns 1,845 shares of the financial services provider’s stock valued at $95,000 after purchasing an additional 700 shares during the last quarter. Finally, Ieq Capital LLC bought a new stake in Employers in the 4th quarter valued at about $232,000. 80.49% of the stock is currently owned by institutional investors.

Employers Price Performance

Employers stock opened at $50.07 on Wednesday. The firm’s 50 day simple moving average is $49.51 and its 200-day simple moving average is $49.86. The company has a market cap of $1.22 billion, a P/E ratio of 10.63 and a beta of 0.21. Employers Holdings, Inc. has a fifty-two week low of $38.67 and a fifty-two week high of $54.44.

Employers (NYSE:EIG) last released its earnings results on Thursday, February 20th. The financial services provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.07. The business had revenue of $216.60 million for the quarter, compared to the consensus estimate of $221.18 million. Employers had a net margin of 13.47% and a return on equity of 8.99%. On average, analysts expect that Employers Holdings, Inc. will post 3.63 EPS for the current fiscal year.

Employers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, March 5th. Employers’s dividend payout ratio is currently 25.48%.

Insider Buying and Selling

In other Employers news, Director James R. Kroner sold 1,000 shares of Employers stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $51.50, for a total value of $51,500.00. Following the completion of the sale, the director now directly owns 23,458 shares in the company, valued at $1,208,087. The trade was a 4.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ann Marie Smith sold 1,385 shares of Employers stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $51.24, for a total transaction of $70,967.40. Following the completion of the sale, the insider now owns 8,801 shares of the company’s stock, valued at $450,963.24. This trade represents a 13.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,385 shares of company stock worth $276,267. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Employers from a “buy” rating to a “hold” rating in a research note on Friday, December 20th.

About Employers

Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company operates in two segments, Employers and Cerity. It offers workers’ compensation insurance to small businesses in low to medium hazard industries under the Employers and Cerity brands.