Guggenheim Reports Initiation of CarMax (KMX) with $72.0000 Target; Employers Holdings (EIG) Sentiment Is 1.2

Employers Holdings, Inc. (NYSE:EIG) Logo

Employers Holdings Inc (EIG) investors sentiment increased to 1.2 in Q4 2017. It’s up 0.05, from 1.15 in 2017Q3. The ratio improved, as 78 active investment managers increased or opened new positions, while 65 sold and reduced their stakes in Employers Holdings Inc. The active investment managers in our database now possess: 24.94 million shares, down from 25.00 million shares in 2017Q3. Also, the number of active investment managers holding Employers Holdings Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 13 Reduced: 52 Increased: 51 New Position: 27.

Guggenheim issued a “Buy” rating on CarMax (NYSE:KMX). The firm initiated coverage on shares of KMX in a a research note sent to clients and investors on Monday morning. Guggenheim’s price target gives upside of 16.13% from the company’s previous close.

Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company has market cap of $1.37 billion. It offers workers' compensation insurance to small businesses in low to medium hazard industries. It has a 13.71 P/E ratio. The firm markets its products through independent local, regional, and national agents and brokers; and alternative distribution channels comprising its partners, as well as through national, regional, and local trade groups and associations.

Since January 1, 0001, it had 0 insider purchases, and 5 selling transactions for $950,776 activity.

The stock increased 1.57% or $0.65 during the last trading session, reaching $41.95. About 122,824 shares traded. Employers Holdings, Inc. (EIG) has risen 8.87% since April 17, 2017 and is uptrending. It has underperformed by 2.68% the S&P500.

Philadelphia Financial Management Of San Francisco Llc holds 1.65% of its portfolio in Employers Holdings, Inc. for 252,242 shares. Dalton Greiner Hartman Maher & Co owns 664,071 shares or 1.54% of their US portfolio. Moreover, Aviance Capital Partners Llc has 0.67% invested in the company for 45,711 shares. The Ohio-based Opus Capital Group Llc has invested 0.39% in the stock. Alphamark Advisors Llc, a Kentucky-based fund reported 20,298 shares.

Analysts await Employers Holdings, Inc. (NYSE:EIG) to report earnings on April, 25 after the close. They expect $0.50 EPS, down 12.28% or $0.07 from last year’s $0.57 per share. EIG’s profit will be $16.35 million for 20.98 P/E if the $0.50 EPS becomes a reality. After $1.06 actual EPS reported by Employers Holdings, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $11.14 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 17.22 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

The stock increased 0.45% or $0.28 during the last trading session, reaching $62. About 1.24 million shares traded. CarMax Inc. (NYSE:KMX) has risen 1.49% since April 17, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.14, from 0.9 in 2017Q3. It is positive, as 39 investors sold CarMax Inc. shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported. Rampart Management Comm, a Massachusetts-based fund reported 2,486 shares. Proshare Advisors Ltd Llc reported 25,143 shares. 13,526 were accumulated by Sumitomo Mitsui Asset Company Limited. Gateway Inv Advisers Ltd Limited Liability Company stated it has 0.02% in CarMax Inc. (NYSE:KMX). Suntrust Banks, a Georgia-based fund reported 17,229 shares. Hightower Advisors Limited Company accumulated 4,353 shares. Grandfield Dodd Ltd Liability Corp stated it has 0.04% in CarMax Inc. (NYSE:KMX). First Interstate Fincl Bank has invested 0.03% of its portfolio in CarMax Inc. (NYSE:KMX). Cibc World Markets accumulated 19,510 shares or 0.01% of the stock. 3.37M were reported by Broad Run Invest Management Limited Liability Corp. Bessemer Group has invested 0% in CarMax Inc. (NYSE:KMX). Echo Street Cap Ltd Llc has invested 1.05% of its portfolio in CarMax Inc. (NYSE:KMX). Marathon Asset Mngmt Ltd Liability Partnership holds 0.74% in CarMax Inc. (NYSE:KMX) or 753,447 shares. Advisory Services Net Limited Liability Corporation reported 0% in CarMax Inc. (NYSE:KMX). Brown Advisory Incorporated invested 0.47% of its portfolio in CarMax Inc. (NYSE:KMX).

Among 17 analysts covering Carmax Inc (NYSE:KMX), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. Carmax Inc has $88.0 highest and $44 lowest target. $73.22’s average target is 18.10% above currents $62 stock price. Carmax Inc had 64 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets on Thursday, June 22 to “Outperform”. On Monday, September 25 the stock rating was downgraded by Goldman Sachs to “Hold”. The firm has “Neutral” rating given on Tuesday, January 19 by Wedbush. The rating was maintained by Oppenheimer with “Outperform” on Monday, September 21. The firm has “Strong-Buy” rating given on Wednesday, September 2 by Vetr. On Monday, January 8 the stock rating was upgraded by Berenberg to “Buy”. Susquehanna maintained the stock with “Hold” rating in Friday, December 22 report. Susquehanna initiated it with “Positive” rating and $70 target in Friday, August 26 report. The company was maintained on Monday, April 24 by Oppenheimer. The firm earned “Buy” rating on Friday, September 4 by Vetr.

Employers Holdings, Inc. (NYSE:EIG) Institutional Positions Chart