Robeco Institutional Asset Management B.V. Raises Holdings in Employers Holdings, Inc. (NYSE:EIG)

Robeco Institutional Asset Management B.V. grew its holdings in Employers Holdings, Inc. (NYSE:EIG) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 69,556 shares of the financial services provider’s stock after buying an additional 2,139 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Employers were worth $3,563,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc raised its stake in shares of Employers by 50.1% in the 4th quarter. Versant Capital Management Inc now owns 596 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 199 shares during the period. GAMMA Investing LLC increased its holdings in Employers by 45.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,145 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 358 shares during the last quarter. FMR LLC raised its position in Employers by 15.2% in the third quarter. FMR LLC now owns 1,520 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 200 shares during the period. Mackenzie Financial Corp acquired a new position in Employers during the second quarter worth $257,000. Finally, Verition Fund Management LLC purchased a new stake in shares of Employers in the 3rd quarter valued at $291,000. 80.49% of the stock is owned by institutional investors and hedge funds.

Employers Stock Performance

EIG stock opened at $49.17 on Monday. The company’s 50 day moving average price is $50.89 and its 200 day moving average price is $49.14. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 9.21 and a beta of 0.27. Employers Holdings, Inc. has a fifty-two week low of $38.67 and a fifty-two week high of $54.44.

Wall Street Analyst Weigh In

EIG has been the subject of several research reports. StockNews.com downgraded Employers from a “buy” rating to a “hold” rating in a research report on Friday, December 20th. Truist Financial boosted their price target on shares of Employers from $55.00 to $58.00 and gave the stock a “buy” rating in a research note on Friday, November 1st.

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.