Today, Lucus Advisors LLC invests in The Hanover Insurance Group Inc. (THG) Shares

Today, Lucus Advisors LLC invests in The Hanover Insurance Group Inc. (THG) Shares

Lucus Advisors LLC raised its position in shares of The Hanover Insurance Group Inc. (NYSE:THG) by 25.1% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 5,191 shares of the company’s stock after buying an additional 1,043 shares during the period. Lucus Advisors LLC’s holdings in The Hanover Insurance Group were worth $392,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oakbrook Investments LLC boosted its position in The Hanover Insurance Group by 22.4% in the second quarter. Oakbrook Investments LLC now owns 4,375 shares of the company’s stock valued at $370,000 after buying an additional 800 shares in the last quarter. Old Mutual Global Investors UK Ltd. purchased a new position in The Hanover Insurance Group during the second quarter valued at $1,544,000. LS Investment Advisors LLC boosted its position in The Hanover Insurance Group by 72.4% in the second quarter. LS Investment Advisors LLC now owns 2,567 shares of the company’s stock valued at $217,000 after buying an additional 1,078 shares in the last quarter. First Quadrant L P CA boosted its position in The Hanover Insurance Group by 16.8% in the second quarter. First Quadrant L P CA now owns 154,700 shares of the company’s stock valued at $13,091,000 after buying an additional 22,300 shares in the last quarter. Finally, Capital One National Association boosted its position in The Hanover Insurance Group by 52.0% in the second quarter. Capital One National Association now owns 86,591 shares of the company’s stock valued at $7,328,000 after buying an additional 29,614 shares in the last quarter. 81.63% of the stock is owned by hedge funds and other institutional investors.

The Hanover Insurance Group Inc. (NYSE:THG) traded up 0.16% during mid-day trading on Monday, reaching $87.10. The company had a trading volume of 80,886 shares. The stock has a 50 day moving average price of $79.92 and a 200 day moving average price of $80.92. The Hanover Insurance Group Inc. has a one year low of $74.06 and a one year high of $91.30. The company has a market capitalization of $3.71 billion, a P/E ratio of 15.37 and a beta of 1.07.

Several research analysts have recently weighed in on THG shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $94.00 price objective (down from $99.00) on shares of The Hanover Insurance Group in a research report on Wednesday, August 3rd. Zacks Investment Research upgraded The Hanover Insurance Group from a “sell” rating to a “hold” rating in a report on Tuesday, August 16th. JMP Securities reiterated an “outperform” rating and set a $95.00 target price on shares of The Hanover Insurance Group in a report on Monday, September 12th. Finally, Sandler O’Neill began coverage on The Hanover Insurance Group in a report on Monday, October 24th. They set a “buy” rating and a $88.00 target price on the stock.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc is a holding company. The Company’s primary business operations are property and casualty insurance products and services. The Company operates through four segments: Commercial Lines, Personal Lines, Chaucer and Other. The Company’s Commercial Lines product suite provides agents and customers with products designed for small, middle and specialized markets.

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