Janus Henderson Group PLC lifted its holdings in Hartford Financial Services Group, Inc. (The) (NYSE:HIG) by 5,984.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,181,908 shares of the insurance provider’s stock after purchasing an additional 3,129,613 shares during the period. Janus Henderson Group PLC owned 0.87% of Hartford Financial Services Group, Inc. (The) worth $167,272,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Aperio Group LLC increased its stake in Hartford Financial Services Group, Inc. (The) by 10.0% during 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 period. Andra AP fonden increased its stake in Hartford Financial Services Group, Inc. (The) by 1.6% during the second quarter. Andra AP fonden now owns 113,300 shares of the insurance provider’s stock valued at $5,956,000 after acquiring an additional 1,800 shares during the period. Quantitative Investment Management LLC bought a new position in Hartford Financial Services Group, Inc. (The) during the second quarter valued at about $30,080,000. Bellwether Investment Group LLC bought a new position in Hartford Financial Services Group, Inc. (The) during the second quarter valued at about $332,000. Finally, HM Capital Management LLC bought a new position in Hartford Financial Services Group, Inc. (The) during the second quarter valued at about $205,000. Institutional investors and hedge funds own 88.23% of the company’s stock.

Shares of Hartford Financial Services Group, Inc. (NYSE HIG) traded up 0.23% during trading on Friday, reaching $55.62. 1,429,988 shares of the company were exchanged. Hartford Financial Services Group, Inc. has a 52-week low of $42.30 and a 52-week high of $57.16. The firm has a market cap of $20.26 billion, a price-to-earnings ratio of 30.53 and a beta of 0.91. The stock’s 50-day moving average is $54.47 and its 200-day moving average is $51.82.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last posted its quarterly earnings results on Thursday, July 27th. The insurance provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.10. Hartford Financial Services Group, Inc. (The) had a net margin of 3.73% and a return on equity of 9.13%. The firm had revenue of $4.77 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the previous year, the firm posted $0.31 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. Equities research analysts predict that Hartford Financial Services Group, Inc. will post $3.76 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 1st were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend was Wednesday, August 30th. Hartford Financial Services Group, Inc. (The)’s dividend payout ratio (DPR) is currently 51.40%.

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A number of equities research analysts have weighed in on HIG shares. UBS AG reaffirmed a “buy” rating and set a $58.00 price objective (up from $54.00) on shares of Hartford Financial Services Group, Inc. (The) in a report on Monday, June 26th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $58.00 target price on shares of Hartford Financial Services Group, Inc. (The) in a report on Sunday, July 30th. BidaskClub downgraded Hartford Financial Services Group, Inc. (The) from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 29th. Zacks Investment Research downgraded Hartford Financial Services Group, Inc. (The) from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $61.00 target price (up from $60.00) on shares of Hartford Financial Services Group, Inc. (The) in a report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $57.00.

Hartford Financial Services Group, Inc. (The) Profile

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

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