The Hanover Insurance Group, Inc. (NYSE:THG) insider Mark Lowell Keim sold 4,966 shares of The Hanover Insurance Group stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $107.80, for a total transaction of $535,334.80. Following the sale, the insider now directly owns 4,966 shares of the company’s stock, valued at $535,334.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of The Hanover Insurance Group, Inc. (THG) traded up $1.10 during trading hours on Thursday, reaching $107.99. 431,800 shares of the company traded hands, compared to its average volume of 230,472. The Hanover Insurance Group, Inc. has a 12-month low of $79.23 and a 12-month high of $108.64. 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 firm has a market cap of $4,540.15, a price-to-earnings ratio of 46.68 and a beta of 1.11.

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

Large investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in The Hanover Insurance Group by 8.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,576 shares of the insurance provider’s stock worth $140,000 after acquiring an additional 120 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in The Hanover Insurance Group during the 3rd quarter worth $180,000. Parametrica Management Ltd acquired a new stake in The Hanover Insurance Group during the 3rd quarter worth $235,000. Raymond James Trust N.A. acquired a new stake in The Hanover Insurance Group during the 2nd quarter worth $236,000. Finally, World Asset Management Inc raised its stake in The Hanover Insurance Group by 3.8% during the 2nd quarter. World Asset Management Inc now owns 2,715 shares of the insurance provider’s stock worth $241,000 after acquiring an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 83.85% of the company’s stock.

THG has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $91.00 price objective on shares of The Hanover Insurance Group in a research report on Friday, October 6th. Zacks Investment Research raised shares of The Hanover Insurance Group from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, BidaskClub raised shares of The Hanover Insurance Group from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th.

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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).

Insider Buying and Selling by Quarter for The Hanover Insurance Group (NYSE:THG)

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