Dimensional Fund Advisors LP grew its position in Employers Holdings Inc (NYSE:EIG) by 3.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,442,581 shares of the financial services provider’s stock after purchasing an additional 91,595 shares during the period. Dimensional Fund Advisors LP owned approximately 7.54% of Employers Holdings worth $103,322,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EIG. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Employers Holdings by 0.3% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 29,354 shares of the financial services provider’s stock valued at $1,242,000 after purchasing an additional 80 shares during the period. Legal & General Group Plc raised its holdings in shares of Employers Holdings by 0.4% during the first quarter. Legal & General Group Plc now owns 57,379 shares of the financial services provider’s stock valued at $2,177,000 after buying an additional 225 shares during the last quarter. Texas Permanent School Fund raised its holdings in shares of Employers Holdings by 1.3% during the second quarter. Texas Permanent School Fund now owns 23,566 shares of the financial services provider’s stock valued at $997,000 after buying an additional 292 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Employers Holdings by 1.8% during the first quarter. Arizona State Retirement System now owns 16,792 shares of the financial services provider’s stock valued at $637,000 after buying an additional 300 shares during the last quarter. Finally, Aviance Capital Partners LLC raised its holdings in shares of Employers Holdings by 1.0% during the second quarter. Aviance Capital Partners LLC now owns 45,765 shares of the financial services provider’s stock valued at $1,936,000 after buying an additional 448 shares during the last quarter. Hedge funds and other institutional investors own 77.33% of the company’s stock.

Employers Holdings Inc (EIG) opened at 46.15 on Wednesday. Employers Holdings Inc has a one year low of $29.34 and a one year high of $46.30. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 14.29 and a beta of 1.12. The stock’s 50 day moving average price is $42.34 and its 200-day moving average price is $41.12.

Employers Holdings (NYSE:EIG) last announced its earnings results on Wednesday, July 26th. The financial services provider reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. The business had revenue of $191.10 million for the quarter, compared to the consensus estimate of $194.78 million. Employers Holdings had a return on equity of 10.25% and a net margin of 13.72%. On average, equities research analysts anticipate that Employers Holdings Inc will post $2.27 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Employers Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub cut Employers Holdings from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $42.00.

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About Employers Holdings

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.

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

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