Shares of The Hanover Insurance Group (NYSE:THG) saw an erosion of -0.11 points in recent session. During the trading, the value of each share was $84.26, dropping -0.13%. The shares saw high fund-flow as the composite value of all the upticks was $3.17 million and the total value of all the downticks was a mere $1.44 million. The net money flow was seen at $1.73 million and the up/down ratio was measured at 2.2. On a weekly basis the shares of the shares have recorded a change of -2.17%.
Currently the company Insiders own 2.49% of The Hanover Insurance Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.71% . Institutional Investors own 82.83% of The Hanover Insurance Group shares. During last six month period, the net percent change held by insiders has seen a change of -14.25%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Huber J Kendall, officer (Executive Vice President) of Hanover Insurance Group, Inc., had unloaded 35,750 shares at an average price of $86.39 in a transaction dated on May 25, 2016. The total value of the transaction was worth $3,088,443.
The Hanover Insurance Group (NYSE:THG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.86 points or 1.02% at $83.51 with 179,804 shares getting traded. Post opening the session at $84.4, the shares hit an intraday low of $83.41 and an intraday high of $84.745 and the price was in this range throughout the day. The company has a market cap of $3,587 million and the number of outstanding shares have been calculated to be 42,953,323 shares. The 52-week high of The Hanover Insurance Group (NYSE:THG) is $91.3 and the 52-week low is $71.72.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, BMO Capital, upgrades their rating on the shares of The Hanover Insurance Group (NYSE:THG). BMO Capital has a Outperform rating on the shares. Previously, the analysts had a Market Perform rating on the shares. As per the latest research report, the brokerage house raises the price target to $98 per share from a prior target of $86. The rating by the firm was issued on March 28, 2016.
Hanover Insurance Group, Inc. is a holding company. The Companys primary business operations are property and casualty insurance products and services. The Company markets its domestic products and services through independent agents and brokers in the United States and conduct business internationally through a wholly-owned subsidiary, Chaucer Holdings Limited and Corporation of Lloyds in the United Kingdom. The Company operates through four segments: Commercial Lines, Personal Lines, Chaucer and Other. The Companys Commercial Lines product suite provides agents and customers with products designed for small, middle and specialized markets. The Companys Personal automobile coverage insures individuals against losses incurred from personal bodily injury. The Companys Chaucer segment include Marine and aviation includes worldwide direct, facultative and treaty business. The Companys Other segment consists of: Opus, which provides investment advisory services.