Hanover Insurance Group Inc (THG) SVP Sells $653863.26 in Stock

Two Sigma Investments LP raised its stake in shares of Hanover Insurance Group by 1,037.5% during the fourth quarter. Two Sigma Investments LP …

Hanover Insurance Group logoHanover Insurance Group Inc (NYSE:THG) SVP Ann Kirkpatrick Tripp sold 5,646 shares of the stock in a transaction that occurred on Tuesday, February 12th. The stock was sold at an average price of $115.81, for a total transaction of $653,863.26. Following the sale, the senior vice president now owns 18,631 shares in the company, valued at approximately $2,157,656.11. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of NYSE:THG opened at $117.63 on Friday. The company has a market capitalization of $5.00 billion, a P/E ratio of 17.32 and a beta of 0.71. The company has a quick ratio of 0.39, a current ratio of 0.51 and a debt-to-equity ratio of 0.26. Hanover Insurance Group Inc has a one year low of $104.59 and a one year high of $131.44.

Hanover Insurance Group (NYSE:THG) last issued its quarterly earnings data on Wednesday, January 30th. The insurance provider reported $1.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.04. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.04 billion. Hanover Insurance Group had a net margin of 7.88% and a return on equity of 11.14%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.20 EPS. On average, research analysts forecast that Hanover Insurance Group Inc will post 8 earnings per share for the current fiscal year.

The business also recently disclosed a special dividend, which was paid on Friday, January 25th. Investors of record on Thursday, January 10th were paid a $4.75 dividend. This represents a yield of 2.08%. The ex-dividend date was Wednesday, January 9th. Hanover Insurance Group’s payout ratio is 35.35%.

Several research firms recently issued reports on THG. Zacks Investment Research lowered shares of Hanover Insurance Group from a “hold” rating to a “sell” rating in a research report on Wednesday, January 30th. ValuEngine downgraded shares of Hanover Insurance Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Finally, Buckingham Research started coverage on shares of Hanover Insurance Group in a research note on Friday, December 14th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. Hanover Insurance Group has an average rating of “Hold” and an average price target of $136.50.

Large investors have recently modified their holdings of the stock. Marshall Wace LLP bought a new position in shares of Hanover Insurance Group during the third quarter valued at $29,757,000. Monarch Partners Asset Management LLC bought a new position in shares of Hanover Insurance Group during the third quarter valued at $29,165,000. Two Sigma Investments LP raised its stake in shares of Hanover Insurance Group by 1,037.5% during the fourth quarter. Two Sigma Investments LP now owns 89,859 shares of the insurance provider’s stock valued at $10,493,000 after acquiring an additional 81,959 shares during the last quarter. Vanguard Group Inc raised its stake in shares of Hanover Insurance Group by 1.7% during the third quarter. Vanguard Group Inc now owns 4,206,022 shares of the insurance provider’s stock valued at $518,897,000 after acquiring an additional 71,869 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Hanover Insurance Group by 1.7% during the third quarter. Vanguard Group Inc. now owns 4,206,022 shares of the insurance provider’s stock valued at $518,897,000 after acquiring an additional 71,869 shares during the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

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About Hanover Insurance Group

The Hanover Insurance Group, Inc, through its subsidiaries, provides various property and casualty insurance products and services in the United States and internationally. It operates through four segments: Commercial Lines, Personal Lines, Chaucer, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers’ compensation, and other commercial coverages, such as inland marine, specialty program business, management and professional liability, surety, and specialty property, as well as monoline general liability, umbrella, healthcare, and miscellaneous commercial property insurance products.

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

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Direct Line Insurance Group (DLG) Price Target Increased to GBX 424 by Analysts at HSBC

Direct Line Insurance Group (LON:DLG) had its target price lifted by HSBC from GBX 410 ($5.36) to GBX 424 ($5.54) in a research report released on …

Direct Line Insurance Group PLC logoDirect Line Insurance Group (LON:DLG) had its target price lifted by HSBC from GBX 410 ($5.36) to GBX 424 ($5.54) in a research report released on Wednesday, January 23rd. They currently have a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. Royal Bank of Canada reissued an outperform rating on shares of Direct Line Insurance Group in a report on Tuesday, December 11th. Barclays lowered their target price on Direct Line Insurance Group from GBX 366 ($4.78) to GBX 355 ($4.64) and set an equal weight rating on the stock in a report on Wednesday, November 7th. UBS Group restated a buy rating and issued a GBX 400 ($5.23) price target (down previously from GBX 420 ($5.49)) on shares of Direct Line Insurance Group in a research report on Tuesday, November 6th. Peel Hunt restated an add rating on shares of Direct Line Insurance Group in a research report on Tuesday, December 4th. Finally, Deutsche Bank cut Direct Line Insurance Group to a hold rating and cut their target price for the stock from GBX 390 ($5.10) to GBX 370 ($4.83) in a research report on Wednesday, November 14th. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 387.85 ($5.07).

DLG opened at GBX 350.20 ($4.58) on Wednesday. Direct Line Insurance Group has a 52-week low of GBX 332.28 ($4.34) and a 52-week high of GBX 411.30 ($5.37).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

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Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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Direct Line Insurance Group PLC (LON:DLG) Insider Buys £149.85 in Stock

Direct Line Insurance Group PLC (LON:DLG) insider Humphrey Tomlinson purchased 45 shares of Direct Line Insurance Group stock in a transaction …

Direct Line Insurance Group logoDirect Line Insurance Group PLC (LON:DLG) insider Humphrey Tomlinson purchased 45 shares of Direct Line Insurance Group stock in a transaction dated Monday, January 28th. The stock was bought at an average cost of GBX 333 ($4.35) per share, with a total value of £149.85 ($195.81).

Humphrey Tomlinson also recently made the following trade(s):

  • On Friday, December 28th, Humphrey Tomlinson bought 48 shares of Direct Line Insurance Group stock. The shares were acquired at an average price of GBX 316 ($4.13) per share, for a total transaction of £151.68 ($198.20).
  • On Wednesday, November 28th, Humphrey Tomlinson sold 45 shares of Direct Line Insurance Group stock. The stock was sold at an average price of GBX 332 ($4.34), for a total value of £149.40 ($195.22).

Shares of DLG stock traded up GBX 2 ($0.03) during trading hours on Friday, reaching GBX 350.20 ($4.58). The company had a trading volume of 2,641,666 shares, compared to its average volume of 5,740,000. Direct Line Insurance Group PLC has a 12-month low of GBX 332.28 ($4.34) and a 12-month high of GBX 411.30 ($5.37).

DLG has been the topic of several research analyst reports. Deutsche Bank restated a “hold” rating on shares of Direct Line Insurance Group in a research note on Monday, January 7th. Goldman Sachs Group dropped their price target on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 352 ($4.60) and set a “neutral” rating on the stock in a research note on Friday, December 14th. HSBC boosted their price target on Direct Line Insurance Group from GBX 410 ($5.36) to GBX 424 ($5.54) and gave the company a “buy” rating in a research note on Wednesday, January 23rd. Barclays reiterated an “equal weight” rating on shares of Direct Line Insurance Group in a research note on Monday, January 21st. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Direct Line Insurance Group in a research note on Tuesday, January 22nd. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 387.85 ($5.07).

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Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

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Insider Buying and Selling by Quarter for Direct Line Insurance Group (LON:DLG)

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Direct Line Insurance Group (LON:DLG) Stock Rating Reaffirmed by BNP Paribas

Direct Line Insurance Group (LON:DLG)’s stock had its “outperform” rating reissued by research analysts at BNP Paribas in a research report issued …

Direct Line Insurance Group logoDirect Line Insurance Group (LON:DLG)‘s stock had its “outperform” rating reissued by research analysts at BNP Paribas in a research report issued on Thursday, January 24th.

DLG has been the subject of a number of other reports. Barclays reissued an “equal weight” rating on shares of Direct Line Insurance Group in a report on Friday, November 23rd. Berenberg Bank cut their price objective on Direct Line Insurance Group from GBX 378 ($4.94) to GBX 360 ($4.70) and set a “hold” rating for the company in a report on Wednesday, October 17th. Deutsche Bank reissued a “hold” rating on shares of Direct Line Insurance Group in a report on Monday, January 7th. Royal Bank of Canada cut their price objective on Direct Line Insurance Group from GBX 450 ($5.88) to GBX 400 ($5.23) and set an “outperform” rating for the company in a report on Friday, November 2nd. Finally, UBS Group reissued a “buy” rating and set a GBX 400 ($5.23) price objective (down from GBX 420 ($5.49)) on shares of Direct Line Insurance Group in a report on Tuesday, November 6th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 387.85 ($5.07).

DLG stock traded up GBX 2 ($0.03) during midday trading on Thursday, hitting GBX 350.20 ($4.58). The stock had a trading volume of 2,641,666 shares, compared to its average volume of 5,740,000. Direct Line Insurance Group has a 52 week low of GBX 332.28 ($4.34) and a 52 week high of GBX 411.30 ($5.37).

About Direct Line Insurance Group

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

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Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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Insurtech Research Report: The trends & technologies allowing insurance startups to compete

Tech-driven disruption in the insurance industry continues at pace, and we’re now entering a new phase – the adaptation of underlying business …

Insurtech 2.0BI Intelligence

Tech-driven disruption in the insurance industry continues at pace, and we’re now entering a new phase – the adaptation of underlying business models.

That’s leading to ongoing changes in the distribution segment of the industry, but more excitingly, we are starting to see movement in the fundamentals of insurance – policy creation, underwriting, and claims management.

This report from Business Insider Intelligence, Business Insider’s premium research service, will briefly review major changes in the insurtech segment over the past year. It will then examine how startups and legacy players across the insurance value chain are using technology to develop new business models that cut costs or boost revenue, and, in some cases, both. Additionally, we will provide our take on the future of insurance as insurtech continues to proliferate.

Here are some of the key takeaways:

  • Funding is flowing into startups and helping them scale, while legacy players have moved beyond initial experiments and are starting to implement new technology throughout their businesses.
  • Distribution, the area of the insurance value chain that was first to be disrupted, continues to evolve.
  • The fundamentals of insurance – policy creation, underwriting, and claims management – are starting to experience true disruption, while innovation in reinsurance has also continued at pace.
  • Insurtechs are using new business models that are enabled by a variety of technologies. In particular, they’re using automation, data analytics, connected devices, and machine learning to build holistic policies for consumers that can be switched on and off on-demand.
  • Legacy insurers, as opposed to brokers, now have the most to lose – but those that move swiftly still have time to ensure they stay in the game.

In full, the report:

  • Reviews major changes in the insurtech segment over the past year.
  • Examines how startups and legacy players across distribution, insurance, and reinsurance are using technology to develop new business models.
  • Provides our view on what the future of the insurance industry looks like, which Business Insider Intelligence calls Insurtech 2.0.

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