Sii Investments Inc. WI trimmed its position in Hartford Financial Services Group, Inc. (The) (NYSE:HIG) by 1.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 33,878 shares of the insurance provider’s stock after selling 612 shares during the period. Sii Investments Inc. WI’s holdings in Hartford Financial Services Group, Inc. (The) were worth $1,780,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Westside Investment Management Inc. boosted its holdings in shares of Hartford Financial Services Group, Inc. (The) by 85.8% during the 1st quarter. Westside Investment Management Inc. now owns 2,165 shares of the insurance provider’s stock valued at $103,000 after acquiring an additional 1,000 shares in the last quarter. Dupont Capital Management Corp bought a new stake in Hartford Financial Services Group, Inc. (The) during the 2nd quarter worth $119,000. Sun Life Financial INC grew its position in Hartford Financial Services Group, Inc. (The) by 26,810.0% during the 2nd quarter. Sun Life Financial INC now owns 2,691 shares of the insurance provider’s stock worth $141,000 after acquiring an additional 2,681 shares during the last quarter. Hartford Financial Management Inc. grew its position in Hartford Financial Services Group, Inc. (The) by 5.7% during the 2nd quarter. Hartford Financial Management Inc. now owns 2,803 shares of the insurance provider’s stock worth $147,000 after acquiring an additional 150 shares during the last quarter. Finally, Howard Hughes Medical Institute bought a new stake in Hartford Financial Services Group, Inc. (The) during the 2nd quarter worth $148,000. Institutional investors own 88.23% of the company’s stock.

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Hartford Financial Services Group, Inc. (HIG) traded up 0.478% on Wednesday, reaching $55.685. 346,406 shares of the company’s stock traded hands. The firm’s 50-day moving average is $54.53 and its 200 day moving average is $51.71. Hartford Financial Services Group, Inc. has a 12 month low of $42.30 and a 12 month high of $57.16. The firm has a market cap of $20.29 billion, a PE ratio of 30.563 and a beta of 0.91.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last issued its earnings results on Thursday, July 27th. The insurance provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.10. The company had revenue of $4.77 billion for the quarter, compared to analysts’ expectations 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 firm’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. Equities analysts predict that Hartford Financial Services Group, Inc. will post $3.65 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 1st were given a dividend of $0.23 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.92 annualized dividend and a yield of 1.66%. Hartford Financial Services Group, Inc. (The)’s payout ratio is 51.40%.

Several equities analysts have commented on the company. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Hartford Financial Services Group, Inc. (The) in a research report on Tuesday, July 4th. Deutsche Bank AG began coverage on Hartford Financial Services Group, Inc. (The) in a report on Tuesday, June 6th. They set a “buy” rating and a $60.00 price target on the stock. BidaskClub upgraded Hartford Financial Services Group, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 17th. Barclays PLC upped their price objective on Hartford Financial Services Group, Inc. (The) from $59.00 to $61.00 and gave the company an “overweight” rating in a research note on Friday, August 11th. Finally, Zacks Investment Research downgraded Hartford Financial Services Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Monday, September 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $57.00.

About Hartford Financial Services Group, Inc. (The)

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

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