Media headlines about Employers (NYSE:EIG) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Employers earned a news impact score of 0.10 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.2974359776136 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities research analysts have commented on the company. Zacks Investment Research lowered Employers from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. SunTrust Banks restated a “buy” rating and issued a $53.00 price objective on shares of Employers in a research report on Friday, October 27th. Finally, ValuEngine lowered Employers from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Employers has an average rating of “Hold” and a consensus target price of $47.33.
Shares of Employers (NYSE EIG) opened at $42.35 on Wednesday. Employers has a 52-week low of $35.60 and a 52-week high of $50.45. The company has a market capitalization of $1,410.00, a P/E ratio of 13.23 and a beta of 1.14.
In other news, EVP John P. Nelson sold 12,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $46.79, for a total transaction of $561,480.00. Following the transaction, the executive vice president now owns 25,977 shares in the company, valued at approximately $1,215,463.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John P. Nelson sold 3,400 shares of the stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $44.56, for a total value of $151,504.00. Following the transaction, the executive vice president now owns 20,377 shares in the company, valued at approximately $907,999.12. The disclosure for this sale can be found here. Insiders have sold a total of 83,525 shares of company stock worth $4,050,555 in the last quarter. Insiders own 3.50% of the company’s stock.
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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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