Channing Capital Management LLC significantly increased its stake in The Hanover Insurance Group, Inc. by 73.6% in the third quarter, acquiring an additional 29,106 shares, bringing their total to 68,641 shares valued at $12.47 million. This comes as an EVP sold a substantial number of shares, and analysts maintain a “Moderate Buy” rating with an average target price of $200.40 for the company, which also recently raised its quarterly dividend.
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Channing Capital Management LLC Buys 29,106 Shares of The Hanover Insurance Group, Inc. $THG
Channing Capital Management LLC significantly increased its stake in The Hanover Insurance Group, Inc. by 73.6% in the third quarter, acquiring an additional 29,106 shares, bringing their total to 68,641 shares valued at $12.47 million. This comes as an EVP sold a substantial number of shares, and analysts maintain a “Moderate Buy” rating with an average target price of $200.40 for the company, which also recently raised its quarterly dividend.