Impact Partnership Wealth LLC Has $501,000 Stock Position in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Impact Partnership Wealth LLC raised its holdings in The Hartford Financial Services Group, Inc. (NYSE:HIG) by 12.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,583 shares of the insurance provider’s stock after buying an additional 491 shares during the quarter. Impact Partnership Wealth LLC’s holdings in The Hartford Financial Services Group were worth $501,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. DT Investment Partners LLC acquired a new stake in shares of The Hartford Financial Services Group in the third quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in 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. Clean Yield Group acquired a new stake in The Hartford Financial Services Group in the 3rd quarter worth $33,000. BNP Paribas bought a new position in shares of The Hartford Financial Services Group during the 3rd quarter worth about $35,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of The Hartford Financial Services Group during the third quarter valued at about $40,000. 93.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HIG shares. Barclays upgraded shares of The Hartford Financial Services Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $130.00 to $135.00 in a research note on Monday, January 6th. JPMorgan Chase & Co. increased their target price on The Hartford Financial Services Group from $122.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Bank of America lifted their price target on The Hartford Financial Services Group from $121.00 to $124.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Jefferies Financial Group raised their price objective on shares of The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company decreased their price objective on The Hartford Financial Services Group from $134.00 to $130.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $122.28.

The Hartford Financial Services Group Price Performance

The Hartford Financial Services Group stock opened at $110.93 on Friday. The stock’s fifty day moving average price is $113.68 and its two-hundred day moving average price is $112.92. The firm has a market cap of $32.16 billion, a PE ratio of 11.11, a price-to-earnings-growth ratio of 0.81 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32. The Hartford Financial Services Group, Inc. has a one year low of $85.34 and a one year high of $124.90.

Insider Buying and Selling at The Hartford Financial Services Group

In related news, EVP Adin M. Tooker sold 6,865 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $117.04, for a total transaction of $803,479.60. Following the completion of the sale, the executive vice president now directly owns 25,820 shares in the company, valued at $3,021,972.80. This represents a 21.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.60% of the company’s stock.

The Hartford Financial Services Group Profile

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.