Zacks Investment Research Downgrades Hanover Insurance Group (THG) to Sell

THG's profit would be $79.58M giving it 15.98 P/E if the $1.87 EPS is correct. The insurance provider reported $2.00 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.15. The stock decreased 0.77% or $0.92 during the last trading session, reaching $117.84. About 8,457 shares traded.

The Hanover Insurance Group (THG) now has a 1 month MA of 117.65. (NYSE:THG) has risen 27.09% since April 16, 2017 and is uptrending. THG outperformed by 15.54% the S&P 500.

Hancock Holding Company, which manages about $2.42B US Long portfolio, upped its stake in Louisiana Pacific Corp (NYSE:LPX) by 56,804 shares to 95,104 shares, valued at $2.50 million in 2017Q4, according to the filing. Following the sale, the senior vice president now owns 6,333 shares of the company's stock, valued at approximately $686,877.18. Nvidia Corp now has $140.06 billion valuation. Raymond James Financial Services Advisors Inc. now owns 16,940 shares of the company's stock worth $1,542,000 after buying an additional 86 shares in the last quarter. About 3.73M shares traded or 75.05% up from the average. Halliburton Company (NYSE:HAL) has declined 1.88% since April 16, 2017 and is downtrending. It has outperformed by 70.80% the S&P500. Clinton Group Inc who had been investing in Hanover Ins Group Inc for a number of months, seems to be less bullish one the $5.01 billion market cap company. It operates through four divisions: Commercial Lines, Personal Lines, Chaucer, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workersÂ' compensation, specialty property, inland marine, management and professional liability, and surety, as well as monoline general liability, umbrella, healthcare, and miscellaneous commercial property insurance products.

After a recent check, The Hanover Insurance Group (THG)'s first resistance level is $119.11, and the second resistance level is $120.37. Therefore 40% are positive.

On May, 2 is anticipated The Hanover Insurance Group, Inc. The company was downgraded on Saturday, August 15 by Zacks. The stock presently has a consensus rating of "Buy" and a consensus target price of $91.20. Elkfork Partners LLC purchased a new stake in shares of Hanover Insurance Group during the 4th quarter worth approximately $411,000. The firm has "Buy" rating by SunTrust given on Friday, October 14. The rating was maintained by Keefe Bruyette & Woods on Thursday, October 5 with "Hold". (NYSE:THG) on Thursday, January 12 to "Underperform" rating.

Separately, ValuEngine downgraded shares of Hanover Insurance Group from a "buy" rating to a "hold" rating in a research report on Monday, April 2nd. On Friday, April 6 the firm has "Buy" rating by Sandler O'Neill given. Sandler O'Neill maintained the shares of THG in report on Tuesday, January 9 with "Buy" rating.

Since January 29, 2018, it had 1 buying transaction, and 5 selling transactions for $1.20 million activity. On Monday, February 12 the insider PERRY MARK L sold $3.94 million. Also, SVP Warren E. Barnes sold 1,547 shares of the stock in a transaction on Wednesday, February 28th. $31,732 worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by Kress Colette. Byron Michael had sold 103 shares worth $23,496.

Investors sentiment decreased to 1.21 in Q4 2017. Its up 0.30, from 0.85 in 2017Q3. It dropped, as 28 investors sold EV shares while 104 reduced holdings. 113 funds opened positions while 321 raised stakes. Deutsche Bank maintained it with "Buy" rating and $64 target in Friday, April 6 report. Aperio Group Limited Liability Corp has invested 0.48% of its portfolio in The Boeing Company (NYSE:BA). Teachers Retirement Systems Of The State Of Kentucky accumulated 240,936 shares. Afam owns 8,550 shares or 0.28% of their USA portfolio. State Board Of Administration Of Florida Retirement has 1.21 million shares for 0.16% of their portfolio. Camelot Portfolios Limited Liability Company invested in 186,379 shares or 1.43% of the stock. Dillon & Associates Inc, a Michigan-based fund reported 96,843 shares. Boeing had 109 analyst reports since August 26, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of BA in report on Thursday, August 17 with "Equal-Weight" rating. The Kentucky-based Todd Asset Management Ltd Co has invested 0.38% in NVIDIA Corporation (NASDAQ:NVDA).

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