The Hartford Financial Services Group, Inc. (NYSE:HIG) Shares Sold by Csenge Advisory Group

Csenge Advisory Group cut its holdings in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) by 7.3% in the 4th quarter, Holdings Channel reports. The firm owned 5,625 shares of the insurance provider’s stock after selling 445 shares during the period. Csenge Advisory Group’s holdings in The Hartford Financial Services Group were worth $615,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. DT Investment Partners LLC bought a new stake in The Hartford Financial Services Group during the third quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of The Hartford Financial Services Group by 3,342.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 241 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 234 shares during the period. Barrett & Company Inc. boosted its position in shares of The Hartford Financial Services Group by 46.5% in the 4th quarter. Barrett & Company Inc. now owns 293 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 93 shares during the period. BNP Paribas acquired a new position in shares of The Hartford Financial Services Group in the 3rd quarter valued at $35,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of The Hartford Financial Services Group in the 3rd quarter valued at $40,000. 93.42% of the stock is currently owned by institutional investors.

The Hartford Financial Services Group Stock Down 0.1 %

HIG stock opened at $112.19 on Tuesday. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.27. The Hartford Financial Services Group, Inc. has a 1 year low of $91.64 and a 1 year high of $124.90. The company has a fifty day simple moving average of $111.02 and a 200 day simple moving average of $114.02. The firm has a market cap of $32.52 billion, a PE ratio of 10.84, a PEG ratio of 1.12 and a beta of 0.97.

The Hartford Financial Services Group (NYSE:HIG) last announced its quarterly earnings results on Thursday, January 30th. The insurance provider reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.26. The Hartford Financial Services Group had a return on equity of 19.55% and a net margin of 11.72%. Sell-side analysts anticipate that The Hartford Financial Services Group, Inc. will post 11.23 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Wells Fargo & Company decreased their target price on shares of The Hartford Financial Services Group from $130.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. BMO Capital Markets raised their price objective on shares of The Hartford Financial Services Group from $100.00 to $141.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 27th. Keefe, Bruyette & Woods raised their target price on The Hartford Financial Services Group from $139.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Barclays raised The Hartford Financial Services Group from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $130.00 to $135.00 in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. raised their price objective on The Hartford Financial Services Group from $122.00 to $125.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $122.94.

About The Hartford Financial Services Group

The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.