Quantinno Capital Management LP Has $35.91 Million Stock Holdings in The Hanover Insurance Group, Inc. $THG

Quantinno Capital Management LP boosted its position in shares of The Hanover Insurance Group, Inc. (NYSE:THG) by 102.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 207,152 shares of the insurance provider’s stock after acquiring an additional 104,585 shares during the period. Quantinno Capital Management LP’s holdings in The Hanover Insurance Group were worth $35,910,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Legato Capital Management LLC bought a new stake in shares of The Hanover Insurance Group during the 4th quarter valued at about $1,238,000. Intech Investment Management LLC bought a new position in shares of The Hanover Insurance Group in the fourth quarter worth approximately $4,926,000. UBS Group AG increased its position in shares of The Hanover Insurance Group by 58.7% in the fourth quarter. UBS Group AG now owns 149,300 shares of the insurance provider’s stock worth $27,288,000 after purchasing an additional 55,220 shares during the last quarter. Norges Bank purchased a new stake in The Hanover Insurance Group in the fourth quarter valued at approximately $83,817,000. Finally, Dockside LLC purchased a new stake in The Hanover Insurance Group in the fourth quarter valued at approximately $1,225,000. Institutional investors and hedge funds own 86.61% of the company’s stock.

Trending Headlines about The Hanover Insurance Group

Here are the key news stories impacting The Hanover Insurance Group this week:

• Positive Sentiment: Second-quarter adjusted earnings per share rose 22.1% year over year to $5.31, well above the $3.88 consensus estimate. Lower catastrophe losses, stronger investment income and gains in Personal Lines supported the earnings beat. THG Q2 Earnings Beat on Personal Lines Gains, Revenues Miss
• Positive Sentiment: Underwriting performance improved materially: the second-quarter combined ratio fell to 91.2%, while Personal Lines operating profit nearly doubled and its combined ratio improved to 88.9%. This margin expansion strengthens the company’s profitability outlook. The Hanover Insurance: Better Margins Justify A Premium Valuation
• Positive Sentiment: Citizens JMP raised its price target from $225 to $240 and upgraded the shares to “market outperform,” signaling continued confidence in THG’s earnings momentum. Benzinga analyst update
• Neutral Sentiment: THG reached a new 52-week high following the earnings release, reflecting strong market momentum. Analysts remain constructive, but future gains will depend on the company sustaining its underwriting improvements and technology investments. The Hanover Insurance Group Hits New 52-Week High on Strong Earnings
• Negative Sentiment: Revenue of $1.73 billion exceeded the prior-year result but came in below analysts’ $1.65 billion estimate only according to some reports? The key concern is that valuation has become less forgiving, with shares trading near premium price-to-book and earnings multiples. That leaves limited room for execution misses or a rise in catastrophe losses. Hanover: The Underwriting Thesis Improved, The Entry Point Did Not

Insider Buying and Selling

In other news, EVP Denise Lowsley sold 4,175 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $191.73, for a total transaction of $800,472.75. Following the completion of the sale, the executive vice president owned 3,883 shares of the company’s stock, valued at approximately $744,487.59. This represents a 51.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Francisco Aristeguieta sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $195.37, for a total transaction of $195,370.00. Following the completion of the transaction, the director owned 4,053 shares in the company, valued at $791,834.61. This represents a 19.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 26,108 shares of company stock worth $5,063,751. 2.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

THG has been the subject of a number of research reports. Citizens Jmp boosted their price target on shares of The Hanover Insurance Group from $225.00 to $240.00 and gave the stock a “market outperform” rating in a research note on Wednesday. Oppenheimer raised their price objective on shares of The Hanover Insurance Group from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Royal Bank Of Canada lifted their price objective on shares of The Hanover Insurance Group from $215.00 to $235.00 and gave the stock a “sector perform” rating in a report on Thursday. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $220.00 target price (up from $211.00) on shares of The Hanover Insurance Group in a research report on Wednesday, July 8th. Finally, Morgan Stanley increased their target price on The Hanover Insurance Group from $220.00 to $225.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, The Hanover Insurance Group presently has an average rating of “Moderate Buy” and a consensus target price of $223.29.

The Hanover Insurance Group Stock Down 1.2%

THG opened at $229.52 on Friday. The Hanover Insurance Group, Inc. has a 12 month low of $165.17 and a 12 month high of $235.15. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is $206.11 and its 200-day moving average price is $187.37. The company has a market cap of $8.03 billion, a P/E ratio of 10.96 and a beta of 0.28.

The Hanover Insurance Group (NYSE:THG) last issued its earnings results on Tuesday, July 28th. The insurance provider reported $5.31 earnings per share for the quarter, beating the consensus estimate of $3.84 by $1.47. The Hanover Insurance Group had a return on equity of 21.72% and a net margin of 11.17%.The company had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the business posted $4.35 EPS. The Hanover Insurance Group’s quarterly revenue was up 4.6% compared to the same quarter last year. On average, equities analysts expect that The Hanover Insurance Group, Inc. will post 18.38 EPS for the current year.

The Hanover Insurance Group declared that its board has initiated a share repurchase plan on Wednesday, May 13th that permits the company to repurchase $700.00 million in outstanding shares. This repurchase authorization permits the insurance provider to buy up to 10.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The Hanover Insurance Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were given a $0.95 dividend. The ex-dividend date was Friday, June 12th. This represents a $3.80 annualized dividend and a yield of 1.7%. The Hanover Insurance Group’s payout ratio is presently 19.12%.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc (NYSE: THG) is a property and casualty insurance company that provides a range of commercial and personal insurance products. Through its subsidiary companies, Hanover offers coverage for businesses of all sizes, including workers’ compensation, general liability, commercial auto, and professional liability. On the personal lines side, the company underwrites homeowners, personal auto, flood, and umbrella policies designed to meet the needs of individuals and families.

In addition to its core commercial and personal insurance offerings, Hanover maintains a specialty arm that focuses on niche markets through tailored product solutions.