Hartford Financial Services Gro (HIG) Reached a New 52-Week High

Paterniano Del Favero
Luglio 29, 2017

(The) (NYSE:HIG) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Institutional investors own 89.81% of the company's stock. (The) were worth $919,000 as of its most recent SEC filing.

Among 15 analysts covering Hartford Financial (NYSE:HIG), 8 have Buy rating, 0 Sell and 7 Hold. Advisors Capital Management LLC increased its stake in shares of Hartford Financial Services Group, Inc. (The) by 9.3% in the second quarter. Westside Investment Management Inc. now owns 2,165 shares of the insurance provider's stock worth $103,000 after buying an additional 1,000 shares in the last quarter. HM Payson & Co.'s holdings in Hartford Financial Services Group, Inc. (The) by 115.3% in the second quarter. Rothschild Asset Management Inc. now owns 14,035 shares of the insurance provider's stock worth $738,000 after buying an additional 2,297 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Hartford Financial Services Group, Inc. (The) by 23.0% in the second quarter. Bbva Compass Bancshares Inc. increased its position in Hartford Financial Services Group, Inc. State of Alaska Department of Revenue now owns 10,118 shares of the insurance provider's stock worth $531,000 after buying an additional 660 shares in the last quarter.

12/09/2016 - Hartford Financial Services Group, Inc. (The) by 2.3% in the second quarter.

While looking at the Stock's Performance, The Hartford Financial Services Group, Inc. now shows a Weekly Performance of -1.6%, where Monthly Performance is 1.38%, Quarterly performance is 9.7%, 6 Months performance is 8.96% and yearly performance percentage is 20.79%. It reached an intraday trading high of $53.40 and closed at $52.92.

The company is trading up by 3.61 percent from yesterday's close. Ledyard National Bank raised its position in shares of Hartford Financial Services Group, Inc. The company has a market cap of $20.14 billion, a P/E ratio of 22.29 and a beta of 0.93. The company has a 50-day moving average of $52.61 and a 200-day moving average of $49.56. (The) (NYSE:HIG) last posted its earnings results on Thursday, July 27th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.94 by $0.10. The company had Year Ago Sales of 4.68 Billion. (The) had a net margin of 5.12% and a return on equity of 7.48%. (The)'s quarterly revenue was up 2.0% compared to the same quarter previous year. During the same period past year, the business earned $0.31 earnings per share. The value of the company's investment in Hartford Financial Services Gro went from $4,235,000 to $4,569,000 a change of $334,000 quarter over quarter. Shareholders of record on Friday, September 1st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.74%. (The)'s dividend payout ratio is 37.70%.

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A number of equities research analysts recently weighed in on the company. UBS AG restated a "buy" rating and issued a $58.00 price target (up previously from $54.00) on shares of Hartford Financial Services Group, Inc.

Some buy side analysts are also providing their Analysis on The Hartford Financial Services Group, Inc., where 2 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 11 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (The) in a report on Friday.

The share price of Hartford Financial Services Group, Inc. Finally, FBR & Co lifted their target price on Hartford Financial Services Group, Inc. (The) from $56.00 to $59.00 and gave the stock an "overweight" rating in a research note on Monday, July 3rd.

In case of Revenue Estimates, 3 analysts have provided their consensus Average Revenue Estimates for The Hartford Financial Services Group, Inc.as 4.42 Billion. (The) in a report on Wednesday, July 12th. (The) presently has an average rating of "Buy" and a consensus price target of $54.25.

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