EPS for The Hanover Insurance Group, Inc. (THG) Expected At $2.09; Dodge & Cox Has Increased Wells Fargo & Co (WFC) Stake By $348.01 Million

The Hanover Insurance Group, Inc. (NYSE:THG) Logo

Dodge & Cox increased Wells Fargo & Co (WFC) stake by 9.47% reported in 2018Q1 SEC filing. Dodge & Cox acquired 6.69M shares as Wells Fargo & Co (WFC)’s stock declined 8.45%. The Dodge & Cox holds 77.38 million shares with $4.06 billion value, up from 70.69M last quarter. Wells Fargo & Co now has $261.33B valuation. The stock increased 0.66% or $0.35 during the last trading session, reaching $53.63. About 13.52M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 4.02% since June 28, 2017 and is uptrending. It has underperformed by 8.55% the S&P500. Some Historical WFC News: 07/05/2018 – Tower International at Wells Fargo Conference Tomorrow; 06/04/2018 – Wells Fargo, Autobooks, National Bank of Canada, lgnite Sales and mBank Win 2018 Monarch Innovation Awards; 30/05/2018 – WELLS FARGO CFO SAYS THAT THE BANK’S REVIEW PROCESS IS “VIRTUALLY COMPLETE” WITH RESPECT TO SALES PRACTICES ISSUES; 15/05/2018 – Caesars Entertainment at Wells Fargo Conference Tomorrow; 26/04/2018 – BWX Technologies at Wells Fargo Industrials Conference May 9; 12/04/2018 – Olin Presenting at Wells Fargo Industrials Conference May 8; 08/03/2018 – Massachusetts Regulator Will Investigate Wells Fargo Advisors — MarketWatch; 26/04/2018 – Trinseo Presenting at Wells Fargo Industrials Conference May 9; 29/03/2018 – WFC: KAHL TO HEAD HOME LENDING SERVICING OPS ON INTERIM BASIS; 09/04/2018 – CFPB IS SAID SEEKING RECORD FINE AGAINST WELLS FARGO: RTRS

Analysts expect The Hanover Insurance Group, Inc. (NYSE:THG) to report $2.09 EPS on August, 1.They anticipate $0.40 EPS change or 23.67% from last quarter’s $1.69 EPS. THG’s profit would be $88.91 million giving it 14.21 P/E if the $2.09 EPS is correct. After having $1.95 EPS previously, The Hanover Insurance Group, Inc.’s analysts see 7.18% EPS growth. The stock increased 1.30% or $1.52 during the last trading session, reaching $118.83. About 177,482 shares traded. The Hanover Insurance Group, Inc. (NYSE:THG) has risen 44.44% since June 28, 2017 and is uptrending. It has outperformed by 31.87% the S&P500. Some Historical THG News: 02/05/2018 – Hanover Insurance 1Q Net $67.7M; 16/04/2018 – The Hanover Estimates the Impact of 1Q Catastrophes; 28/03/2018 – HANOVER INSURANCE GROUP IS EXPLORING OPTIONS FOR INTL; 24/04/2018 – FITCH AFFIRMS HANOVER INSURANCE GROUP’S RATINGS; OUTLOOK STA; 03/05/2018 – CoverWallet Expands its Innovative Insurtech Platform to The Hanover Insurance Group Agents; 02/05/2018 – Hanover Insurance 1Q EPS $1.05; 16/04/2018 – HANOVER ESTIMATES CATASTROPHE IMPACT $66M TO $76M; 16/04/2018 – The Hanover Estimates the Impact of First Quarter Catastrophes; 02/05/2018 – Hanover Insurance 1Q Rev $1.33B; 28/03/2018 – Hanover Insurance Declined to Provide Additional Details

Since May 24, 2018, it had 0 insider purchases, and 1 sale for $1.40 million activity. $1.40M worth of stock was sold by Pelos Petros G on Thursday, May 24.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Seekingalpha.com which released: “Federal Reserve objects to Deutsche Bank USA’s capital return plan” on June 28, 2018, also Seekingalpha.com with their article: “Wall Street Breakfast: Second Round Of Bank Stress Tests” published on June 28, 2018, 247Wallst.com published: “Wells Fargo Settles More of Its Charges With the SEC” on June 26, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Streetinsider.com and their article: “Wells Fargo (WFC) to Raise Dividend to $0.43/Sh from $0.39, Announces Up to $24.5B in Buybacks” published on June 28, 2018 as well as Fool.com‘s news article titled: “3 Dividends to Love From Companies You Hate” with publication date: June 26, 2018.

Among 23 analysts covering Wells Fargo (NYSE:WFC), 12 have Buy rating, 4 Sell and 7 Hold. Therefore 52% are positive. Wells Fargo had 42 analyst reports since January 3, 2018 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Monday, April 16. The stock has “Hold” rating by Susquehanna on Monday, April 23. The firm earned “Buy” rating on Monday, April 30 by Keefe Bruyette & Woods. The company was maintained on Friday, April 13 by BMO Capital Markets. On Monday, February 5 the stock rating was downgraded by Citigroup to “Hold”. The firm earned “Outperform” rating on Monday, April 30 by Macquarie Research. BMO Capital Markets maintained it with “Hold” rating and $60.0 target in Sunday, February 4 report. The firm earned “Buy” rating on Friday, April 13 by Sandler O’Neill. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, January 9. The firm earned “Buy” rating on Monday, February 5 by Nomura.

Investors sentiment decreased to 0.59 in 2018 Q1. Its down 0.16, from 0.75 in 2017Q4. It is negative, as 108 investors sold WFC shares while 790 reduced holdings. 122 funds opened positions while 412 raised stakes. 3.62 billion shares or 0.62% less from 3.64 billion shares in 2017Q4 were reported. Nbt Natl Bank N A Ny has invested 1.2% of its portfolio in Wells Fargo & Company (NYSE:WFC). Tctc Limited Com reported 14,300 shares. Independent Order Of Foresters has invested 0.34% in Wells Fargo & Company (NYSE:WFC). Cramer Rosenthal Mcglynn Ltd Company reported 1.31 million shares stake. Burney Com has 0.06% invested in Wells Fargo & Company (NYSE:WFC). Commonwealth Comml Bank Of Aus reported 649,264 shares or 0.37% of all its holdings. City Communication has 1.04% invested in Wells Fargo & Company (NYSE:WFC) for 62,143 shares. Spindletop Ltd Liability Com invested 6.6% in Wells Fargo & Company (NYSE:WFC). Vontobel Asset Mgmt owns 4.00 million shares. Bsw Wealth Prns holds 0.1% in Wells Fargo & Company (NYSE:WFC) or 4,412 shares. Financial Bank Pictet Cie (Asia) Ltd has 60,081 shares. Tru Investment Advisors Limited reported 2.05% stake. Riverbridge Prtn Limited Liability stated it has 6,731 shares or 0.01% of all its holdings. Bollard Group Ltd Limited Liability Company reported 37,090 shares stake. Aristotle Mngmt Lc owns 8,100 shares for 0% of their portfolio.

Dodge & Cox decreased Motorola Solutions Inc (NYSE:MSI) stake by 4,414 shares to 54,182 valued at $5.71M in 2018Q1. It also reduced Merck & Co Inc (NYSE:MRK) stake by 5,583 shares and now owns 13.79M shares. Te Connectivity Ltd (NYSE:TEL) was reduced too.

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance services and products in the United States and internationally. The company has market cap of $5.06 billion. It operates through four divisions: Commercial Lines, Personal Lines, Chaucer, and Other. It has a 27.39 P/E ratio. 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.

Among 2 analysts covering Hanover Insurance (NYSE:THG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hanover Insurance had 6 analyst reports since January 9, 2018 according to SRatingsIntel. The stock of The Hanover Insurance Group, Inc. (NYSE:THG) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, February 1. The firm has “Buy” rating given on Friday, May 4 by Keefe Bruyette & Woods. The stock has “Buy” rating by Sandler O’Neill on Friday, April 6. The firm earned “Buy” rating on Thursday, February 1 by Sandler O’Neill. The company was maintained on Tuesday, April 17 by Sandler O’Neill. The company was maintained on Tuesday, January 9 by Sandler O’Neill.

More news for The Hanover Insurance Group, Inc. (NYSE:THG) were recently published by: Prnewswire.com, which released: “The Hanover Enhances Professional Liability Offering for Architects and Engineers” on June 11, 2018. Prnewswire.com‘s article titled: “The Hanover Insurance Group Appoints Frank M. Baron to Lead Alternative Markets Unit” and published on May 31, 2018 is yet another important article.

Wells Fargo & Company (NYSE:WFC) Institutional Positions Chart