O Shaughnessy Asset Management LLC Purchases 8,604 Shares of Employers Holdings, Inc. (NYSE:EIG)

O Shaughnessy Asset Management LLC boosted its position in shares of Employers Holdings, Inc. (NYSE:EIG) by 27.6% in the 1st quarter, HoldingsChannel reports. The firm owned 39,738 shares of the financial services provider’s stock after buying an additional 8,604 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Employers were worth $1,804,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Employers by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 3,154,256 shares of the financial services provider’s stock valued at $124,278,000 after purchasing an additional 16,997 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Employers by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,089,817 shares of the financial services provider’s stock valued at $82,339,000 after purchasing an additional 27,320 shares during the last quarter. LSV Asset Management lifted its holdings in Employers by 58.9% during the 1st quarter. LSV Asset Management now owns 798,826 shares of the financial services provider’s stock valued at $36,259,000 after purchasing an additional 295,983 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Employers by 6.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 424,158 shares of the financial services provider’s stock valued at $16,712,000 after purchasing an additional 26,555 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its holdings in Employers by 4.3% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 290,745 shares of the financial services provider’s stock valued at $11,455,000 after purchasing an additional 12,100 shares during the last quarter. 80.49% of the stock is owned by institutional investors.

Employers Stock Down 0.7 %

Shares of EIG stock opened at $45.61 on Thursday. The company has a market capitalization of $1.16 billion, a P/E ratio of 9.66 and a beta of 0.24. Employers Holdings, Inc. has a 12-month low of $36.65 and a 12-month high of $47.40. The firm has a 50-day moving average price of $42.53 and a 200 day moving average price of $42.93.

Employers (NYSE:EIG) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.02). The company had revenue of $223.10 million during the quarter, compared to analyst estimates of $217.46 million. Employers had a net margin of 14.16% and a return on equity of 10.49%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. As a group, research analysts expect that Employers Holdings, Inc. will post 3.65 earnings per share for the current year.

Insider Buying and Selling at Employers

In other Employers news, insider Ann Marie Smith sold 1,764 shares of the firm’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $41.26, for a total value of $72,782.64. Following the completion of the sale, the insider now owns 6,741 shares in the company, valued at approximately $278,133.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.50% of the company’s stock.

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.