Crossmark Global Holdings Inc. purchased a new stake in The Hanover Insurance Group, Inc. (NYSE:THG) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 8,146 shares of the insurance provider’s stock, valued at approximately $790,000.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of The Hanover Insurance Group by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 3,890,210 shares of the insurance provider’s stock valued at $344,789,000 after buying an additional 20,036 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of The Hanover Insurance Group by 0.5% in the 2nd quarter. BlackRock Inc. now owns 3,518,780 shares of the insurance provider’s stock valued at $311,870,000 after buying an additional 18,596 shares in the last quarter. LSV Asset Management boosted its holdings in shares of The Hanover Insurance Group by 0.5% in the 2nd quarter. LSV Asset Management now owns 897,356 shares of the insurance provider’s stock valued at $79,532,000 after buying an additional 4,300 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of The Hanover Insurance Group by 43.1% in the 2nd quarter. Renaissance Technologies LLC now owns 842,900 shares of the insurance provider’s stock valued at $74,706,000 after buying an additional 254,000 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of The Hanover Insurance Group by 0.8% in the 2nd quarter. Franklin Resources Inc. now owns 762,300 shares of the insurance provider’s stock valued at $67,563,000 after buying an additional 5,800 shares in the last quarter. Institutional investors and hedge funds own 85.98% of the company’s stock.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of The Hanover Insurance Group from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Keefe, Bruyette & Woods set a $91.00 target price on shares of The Hanover Insurance Group and gave the stock a “hold” rating in a research note on Friday, August 4th. Finally, BidaskClub upgraded shares of The Hanover Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th.

In related news, insider Mark Joseph Welzenbach sold 4,723 shares of The Hanover Insurance Group stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $106.09, for a total value of $501,063.07. Following the completion of the sale, the insider now directly owns 29,244 shares in the company, valued at approximately $3,102,495.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christine Bilotti-Peterson sold 2,570 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $98.58, for a total transaction of $253,350.60. Following the transaction, the insider now directly owns 1,760 shares of the company’s stock, valued at $173,500.80. The disclosure for this sale can be found here. Insiders sold a total of 12,293 shares of company stock valued at $1,273,864 over the last quarter. 1.08% of the stock is owned by company insiders.

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Shares of The Hanover Insurance Group, Inc. (THG) opened at $106.66 on Tuesday. The company has a market cap of $4,522.31, a P/E ratio of 46.49 and a beta of 1.11. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.45 and a quick ratio of 0.45. The Hanover Insurance Group, Inc. has a 12 month low of $79.23 and a 12 month high of $107.16.

The Hanover Insurance Group (NYSE:THG) last released its earnings results on Wednesday, November 1st. The insurance provider reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.63) by $0.74. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.29 billion. The Hanover Insurance Group had a net margin of 2.37% and a return on equity of 3.35%. The Hanover Insurance Group’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the business earned $1.83 EPS. analysts anticipate that The Hanover Insurance Group, Inc. will post 4.65 earnings per share for the current fiscal year.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc is a holding company. The Company is engaged in providing property and casualty insurance products and services. The Company has four segments: Commercial Lines, Personal Lines, Chaucer and Other. It markets its domestic products and services through independent agents and brokers in the United States, and conducts business internationally through a subsidiary, Chaucer Holdings Limited, which operates through the Society and Corporation of Lloyd’s (Lloyd’s).

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Institutional Ownership by Quarter for The Hanover Insurance Group (NYSE:THG)

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