Employers Holdings, Inc. (EIG) Position Reduced by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC cut its holdings in shares of Employers Holdings, Inc. (NYSE:EIG) by 8.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,324 shares of the financial services provider’s stock after selling 4,330 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.14% of Employers worth $1,986,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EIG. BlackRock Inc. grew its position in shares of Employers by 0.5% during the 3rd quarter. BlackRock Inc. now owns 4,803,289 shares of the financial services provider’s stock worth $217,589,000 after purchasing an additional 22,889 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Employers by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,146,040 shares of the financial services provider’s stock worth $142,516,000 after purchasing an additional 41,983 shares in the last quarter. Vanguard Group Inc grew its position in shares of Employers by 1.4% during the 3rd quarter. Vanguard Group Inc now owns 3,146,040 shares of the financial services provider’s stock worth $142,516,000 after purchasing an additional 41,983 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Employers by 2.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,753,883 shares of the financial services provider’s stock worth $124,750,000 after purchasing an additional 69,452 shares in the last quarter. Finally, Loomis Sayles & Co. L P grew its position in shares of Employers by 0.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 474,404 shares of the financial services provider’s stock worth $21,491,000 after purchasing an additional 3,795 shares in the last quarter. 82.04% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Valerie R. Glenn sold 10,000 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $41.80, for a total transaction of $418,000.00. Following the completion of the sale, the director now directly owns 30,957 shares in the company, valued at $1,294,002.60. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Lawrence S. Rogers sold 1,495 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of $40.34, for a total transaction of $60,308.30. Following the sale, the senior vice president now owns 11,987 shares of the company’s stock, valued at $483,555.58. The disclosure for this sale can be found here. Corporate insiders own 2.80% of the company’s stock.

Shares of Employers stock traded down $0.54 on Friday, reaching $41.06. 114,086 shares of the stock were exchanged, compared to its average volume of 144,997. Employers Holdings, Inc. has a one year low of $39.10 and a one year high of $47.97. The company has a market cap of $1.33 billion, a PE ratio of 9.99 and a beta of 0.77.

Employers (NYSE:EIG) last issued its quarterly earnings results on Wednesday, February 20th. The financial services provider reported $1.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.62. Employers had a net margin of 17.09% and a return on equity of 14.04%. The company had revenue of $205.80 million during the quarter, compared to the consensus estimate of $198.98 million. During the same quarter in the prior year, the firm posted $1.06 EPS. As a group, equities analysts predict that Employers Holdings, Inc. will post 2.13 earnings per share for the current year.

Separately, Zacks Investment Research lowered shares of Employers from a “buy” rating to a “hold” rating in a research report on Wednesday, February 20th.

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Employers Profile

Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels comprising its partners; and through national, regional, and local trade groups and associations, as well as directly to customers.

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Institutional Ownership by Quarter for Employers (NYSE:EIG)

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