Andra AP fonden lowered its position in Hartford Financial Services Group, Inc. (The) (NYSE:HIG) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 108,300 shares of the insurance provider’s stock after selling 5,000 shares during the quarter. Andra AP fonden’s holdings in Hartford Financial Services Group, Inc. (The) were worth $6,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Aperio Group LLC boosted its holdings in Hartford Financial Services Group, Inc. (The) by 10.0% in the second quarter. Aperio Group LLC now owns 237,939 shares of the insurance provider’s stock valued at $12,508,000 after acquiring an additional 21,637 shares during the last quarter. Quantitative Investment Management LLC acquired a new position in Hartford Financial Services Group, Inc. (The) in the second quarter valued at $30,080,000. Carret Asset Management LLC boosted its holdings in Hartford Financial Services Group, Inc. (The) by 20.8% in the second quarter. Carret Asset Management LLC now owns 82,380 shares of the insurance provider’s stock valued at $4,331,000 after acquiring an additional 14,188 shares during the last quarter. PGGM Investments raised its position in Hartford Financial Services Group, Inc. (The) by 195.7% in the third quarter. PGGM Investments now owns 752,785 shares of the insurance provider’s stock valued at $41,727,000 after purchasing an additional 498,249 shares during the period. Finally, Bellwether Investment Group LLC purchased a new position in Hartford Financial Services Group, Inc. (The) in the second quarter valued at about $332,000. Hedge funds and other institutional investors own 88.31% of the company’s stock.

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Several research analysts have commented on the company. UBS AG raised their price objective on Hartford Financial Services Group, Inc. (The) from $60.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Investment Research raised Hartford Financial Services Group, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. Wells Fargo & Company reissued a “hold” rating and issued a $55.00 price objective on shares of Hartford Financial Services Group, Inc. (The) in a research report on Monday, October 23rd. Barclays PLC raised their price objective on Hartford Financial Services Group, Inc. (The) from $61.00 to $64.00 and gave the company an “overweight” rating in a research report on Monday, October 16th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $60.00 price objective on shares of Hartford Financial Services Group, Inc. (The) in a research report on Tuesday, October 3rd. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $57.42.

Shares of Hartford Financial Services Group, Inc. (HIG) opened at $55.84 on Friday. Hartford Financial Services Group, Inc. has a 52-week low of $43.18 and a 52-week high of $57.16. The stock has a market capitalization of $19,919.19, a PE ratio of 15.01, a PEG ratio of 1.60 and a beta of 0.98. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.40 and a current ratio of 0.40.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last announced its earnings results on Monday, October 23rd. The insurance provider reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.03. Hartford Financial Services Group, Inc. (The) had a return on equity of 8.21% and a net margin of 2.63%. The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.68 billion. During the same period in the previous year, the company earned $1.06 earnings per share. The company’s revenue for the quarter was down .7% compared to the same quarter last year. research analysts predict that Hartford Financial Services Group, Inc. will post 3.68 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.79%. This is a positive change from Hartford Financial Services Group, Inc. (The)’s previous quarterly dividend of $0.23. The ex-dividend date is Thursday, November 30th. Hartford Financial Services Group, Inc. (The)’s payout ratio is presently 70.23%.

Hartford Financial Services Group, Inc. (The) Profile

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

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