Lenard Ormsby Sold $58,002 Worth of Employers Holdings, Inc. (EIG) Shares; Transcanada (TRP) SI Decreased By 11.24%

April 9, 2018 - By Jerrie Dane

Employers Holdings, Inc. (NYSE:EIG) Logo

Transcanada Corporation (NYSE:TRP) had a decrease of 11.24% in short interest. TRP’s SI was 3.65 million shares in April as released by FINRA. Its down 11.24% from 4.11 million shares previously. With 1.62 million avg volume, 2 days are for Transcanada Corporation (NYSE:TRP)’s short sellers to cover TRP’s short positions. The stock increased 1.29% or $0.53 during the last trading session, reaching $42.01. About 382,033 shares traded. TransCanada Corporation (NYSE:TRP) has declined 12.65% since April 9, 2017 and is downtrending. It has underperformed by 24.20% the S&P500.

The stock increased 0.61% or $0.25 during the last trading session, reaching $41.15. About 21,795 shares traded. Employers Holdings, Inc. (NYSE:EIG) has risen 8.87% since April 9, 2017 and is uptrending. It has underperformed by 2.68% the S&P500.

Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company has market cap of $1.35 billion. It offers workers' compensation insurance to small businesses in low to medium hazard industries. It has a 13.45 P/E ratio. The firm markets its products through independent local, regional, and national agents and brokers; and alternative distribution channels comprising its partners, as well as through national, regional, and local trade groups and associations.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.05, from 1.15 in 2017Q3. It is positive, as 13 investors sold Employers Holdings, Inc. shares while 52 reduced holdings. 27 funds opened positions while 51 raised stakes. 24.94 million shares or 0.21% less from 25.00 million shares in 2017Q3 were reported. Moreover, Royal National Bank Of Canada has 0% invested in Employers Holdings, Inc. (NYSE:EIG) for 6,685 shares. Stone Ridge Asset Mgmt Lc accumulated 0.04% or 13,449 shares. Parkside Bancshares & reported 20 shares stake. Jpmorgan Chase And Company owns 0% invested in Employers Holdings, Inc. (NYSE:EIG) for 62,161 shares. Sei Invs holds 541 shares. Los Angeles Cap Management Equity Research Inc reported 27,768 shares stake. Gsa Prns Limited Liability Partnership has invested 0.03% in Employers Holdings, Inc. (NYSE:EIG). Arizona State Retirement Systems reported 54,508 shares stake. Loomis Sayles & L P invested 0.05% of its portfolio in Employers Holdings, Inc. (NYSE:EIG). Panagora Asset invested 0.05% of its portfolio in Employers Holdings, Inc. (NYSE:EIG). California State Teachers Retirement Sys owns 50,134 shares. Cubist Systematic Strategies Ltd has invested 0.03% of its portfolio in Employers Holdings, Inc. (NYSE:EIG). Putnam Limited Liability, Massachusetts-based fund reported 82,262 shares. Credit Suisse Ag holds 0% or 34,294 shares. Moreover, Bessemer has 0.01% invested in Employers Holdings, Inc. (NYSE:EIG).

Analysts await Employers Holdings, Inc. (NYSE:EIG) to report earnings on April, 25. They expect $0.50 earnings per share, down 12.28% or $0.07 from last year’s $0.57 per share. EIG’s profit will be $16.35M for 20.58 P/E if the $0.50 EPS becomes a reality. After $1.06 actual earnings per share reported by Employers Holdings, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.

Among 3 analysts covering Employers Holdings (NYSE:EIG), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Employers Holdings has $53.0 highest and $36.0 lowest target. $44.50’s average target is 8.14% above currents $41.15 stock price. Employers Holdings had 3 analyst reports since December 2, 2016 according to SRatingsIntel. As per Friday, December 2, the company rating was downgraded by Macquarie Research. The stock of Employers Holdings, Inc. (NYSE:EIG) has “Buy” rating given on Thursday, October 26 by SunTrust. As per Monday, September 11, the company rating was initiated by Buckingham Research.

Since December 15, 2017, it had 0 insider buys, and 4 selling transactions for $892,774 activity. 12,000 shares were sold by Nelson John P, worth $561,420.

An insider of the company Employers Holdings Inc, Lenard Ormsby also its EVP – Chief Legal Officer, disclosed his selling activities with the DC-based SEC on 09-04-2018. As discovered in the document, Lenard had sold 1,381 shares of the ‘s company. The total insider trading deal was worth $58,002 U.S Dollars. At the time of the deal the price of a share was $42.0. Lenard Ormsby has rights to exactly 0.27% of Employers Holdings Inc’s market cap or 89,106 shares.

Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. TransCanada Corporation had 28 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained TransCanada Corporation (NYSE:TRP) on Wednesday, November 4 with “Outperform” rating. Wolfe Research maintained TransCanada Corporation (NYSE:TRP) rating on Monday, May 15. Wolfe Research has “Outperform” rating and $53 target. The stock of TransCanada Corporation (NYSE:TRP) has “Outperform” rating given on Friday, October 23 by BMO Capital Markets. The stock of TransCanada Corporation (NYSE:TRP) has “Buy” rating given on Thursday, September 1 by Bank of America. On Thursday, January 11 the stock rating was upgraded by Morgan Stanley to “Buy”. The rating was maintained by BMO Capital Markets on Monday, July 31 with “Outperform”. Morgan Stanley maintained TransCanada Corporation (NYSE:TRP) on Friday, February 9 with “Overweight” rating. The stock of TransCanada Corporation (NYSE:TRP) earned “Buy” rating by Goldman Sachs on Wednesday, July 20. The firm has “Sector Perform” rating given on Tuesday, August 4 by Scotia Capital. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, November 17.

TransCanada Corporation operates as an energy infrastructure firm in North America. The company has market cap of $36.27 billion. It operates through Canadian Natural Gas Pipelines, U.S. It has a 16.03 P/E ratio. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy divisions.

Employers Holdings, Inc. (NYSE:EIG) Institutional Positions Chart