Teacher Retirement System of Texas boosted its position in Hartford Financial Services Group, Inc. (The) (NYSE:HIG) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,677,720 shares of the insurance provider’s stock after buying an additional 4,703 shares during the period. Teacher Retirement System of Texas’ holdings in Hartford Financial Services Group, Inc. (The) were worth $88,198,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HIG. Vanguard Group Inc. boosted its stake in shares of Hartford Financial Services Group, Inc. (The) by 3.3% in the first quarter. Vanguard Group Inc. now owns 36,359,323 shares of the insurance provider’s stock valued at $1,747,791,000 after buying an additional 1,177,520 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its stake in shares of Hartford Financial Services Group, Inc. (The) by 21.8% in the first quarter. Diamond Hill Capital Management Inc. now owns 6,140,185 shares of the insurance provider’s stock valued at $295,159,000 after buying an additional 1,098,003 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Hartford Financial Services Group, Inc. (The) during the first quarter valued at $42,367,000. WINTON GROUP Ltd boosted its stake in shares of Hartford Financial Services Group, Inc. (The) by 252.9% in the first quarter. WINTON GROUP Ltd now owns 1,171,965 shares of the insurance provider’s stock valued at $50,184,000 after buying an additional 839,850 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Hartford Financial Services Group, Inc. (The) by 15.4% in the first quarter. Dimensional Fund Advisors LP now owns 5,624,432 shares of the insurance provider’s stock valued at $270,352,000 after buying an additional 751,114 shares during the last quarter. Institutional investors own 90.85% of the company’s stock.

Hartford Financial Services Group, Inc. (NYSE HIG) opened at 55.73 on Friday. The stock’s 50 day moving average price is $53.74 and its 200-day moving average price is $50.07. Hartford Financial Services Group, Inc. has a 1-year low of $39.68 and a 1-year high of $56.60. The company has a market cap of $20.30 billion, a PE ratio of 30.59 and a beta of 0.93.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last announced its quarterly earnings results on Thursday, July 27th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.10. The business had revenue of $4.77 billion during the quarter, compared to the consensus estimate of $4.30 billion. Hartford Financial Services Group, Inc. (The) had a net margin of 3.73% and a return on equity of 9.13%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.31 EPS. On average, analysts forecast that Hartford Financial Services Group, Inc. will post $4.26 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 1st will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.65%. Hartford Financial Services Group, Inc. (The)’s dividend payout ratio is currently 51.40%.

ILLEGAL ACTIVITY WARNING: This piece of content was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/hartford-financial-services-group-inc-the-hig-shares-bought-by-teacher-retirement-system-of-texas/1474678.html.

HIG has been the topic of several analyst reports. Wells Fargo & Company reissued a “hold” rating on shares of Hartford Financial Services Group, Inc. (The) in a research note on Tuesday, April 18th. Credit Suisse Group set a $51.00 price objective on Hartford Financial Services Group, Inc. (The) and gave the stock a “hold” rating in a research note on Sunday, April 30th. ValuEngine raised Hartford Financial Services Group, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Deutsche Bank AG initiated coverage on Hartford Financial Services Group, Inc. (The) in a research note on Tuesday, June 6th. They set a “buy” rating and a $60.00 price objective on the stock. Finally, BidaskClub raised Hartford Financial Services Group, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 17th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Hartford Financial Services Group, Inc. (The) has a consensus rating of “Buy” and an average target price of $55.73.

About Hartford Financial Services Group, Inc. (The)

Want to see what other hedge funds are holding HIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hartford Financial Services Group, Inc. (The) (NYSE:HIG).

Institutional Ownership by Quarter for Hartford Financial Services Group, Inc. (The) (NYSE:HIG)

Receive News & Ratings for Hartford Financial Services Group Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hartford Financial Services Group Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.