© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company.
In this case, they own around US$50m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. Institutional investors was ifc markets review the group most impacted after the company’s market cap fell to US$4.8b last week. However, the 4.0% one-year return to shareholders may have helped lessen their pain. They should, however, be mindful of further losses in the future.
- Of course, keep in mind that there are other factors to consider, too.
- To see all exchange delays and terms of use please see Barchart’s disclaimer.
- While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing.
Second Quarter Highlights Combined ratio of 111.3%; combined ratio, excluding catastrophes(1), of 92.8% Catastrophe losses of $261.6 million, or 18.5 points of the combined ratio, driven by several c… Third Quarter Highlights Combined ratio of 104.4%; combined ratio, excluding catastrophes(1), of 90.7% Catastrophe losses Forex Brokers of $195.8 million, or 13.7 points of the combined ratio, driven by severe con… The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
News in other languages on THG Plc
This suggests a possible upside of 50.9% from the stock’s current price. View analysts price targets for THG or view top-rated stocks among Wall Street analysts. 7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for THG in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” THG shares.
THG Stock Price History
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. As you can see, institutional investors have a fair amount of stake in Hanover Insurance Group. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time.
Traders should take this into account as the share price often fluctuates around this time period. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don’t have many shares in Hanover Insurance Group. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 10% of shares outstanding.
Insiders & Institutions
With 9.2% and 5.6% of the shares outstanding respectively, BlackRock, Inc. and T. Rowe Price Group, Inc. are the second and third largest shareholders. We can see that insiders own shares in The Hanover Insurance Group, Inc.. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment.
According to 6 analysts, the average rating for THG stock is “Buy.” The 12-month stock price forecast is $142.8, which is an increase of 9.53% from the latest price. Stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. THG Holdings will announce its quarterly financial results in 12 days.
A closer look at our ownership figures suggests that the top 13 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. 89 employees have rated The Hanover Insurance Group Chief Executive Officer John C. Roche on Glassdoor.com. John C. Roche has an approval rating of 96% among the company’s employees. This puts John C. Roche in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
The Hanover Reports Third Quarter Results
A hold rating indicates that analysts believe investors should maintain any existing positions they have in THG, but not buy additional shares or sell existing shares. 6 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for The Hanover Insurance Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “moderate buy” THG shares. THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. It also engages in the online beauty and haircare businesses; and provision of skincare, haircare, and cosmetics products.
7 equities research analysts have issued twelve-month target prices for THG’s shares. Their THG share price targets range from GBX 48 to GBX 220. On average, they anticipate the company’s stock price to reach GBX 91 in the next year.
You can access this free report on analyst forecasts for the company. Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising. Sign-up to receive the latest news and ratings for The Hanover Insurance Group and its competitors with MarketBeat’s FREE daily newsletter. We’d like to share more about how we work and what drives our day-to-day business. NEW YORK–(BUSINESS WIRE)–Aegis Financial Lines, a division of Aegis General Insurance Agency, in partnership with sister company K2 Financial announces today the approval of their official coverhold…
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