Financial Advisory Partners LLC Has $2.82 Million Holdings in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Financial Advisory Partners LLC raised its holdings in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,745 shares of the insurance provider’s stock after acquiring an additional 158 shares during the quarter. Financial Advisory Partners LLC’s holdings in The Hartford Financial Services Group were worth $2,817,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Czech National Bank grew its position in The Hartford Financial Services Group by 5.9% during the third quarter. Czech National Bank now owns 59,690 shares of the insurance provider’s stock valued at $7,020,000 after purchasing an additional 3,331 shares in the last quarter. Clean Yield Group acquired a new stake in shares of The Hartford Financial Services Group during the 3rd quarter valued at $33,000. Atomi Financial Group Inc. grew its holdings in shares of The Hartford Financial Services Group by 14.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 4,809 shares of the insurance provider’s stock valued at $566,000 after acquiring an additional 619 shares in the last quarter. CWM LLC increased its stake in shares of The Hartford Financial Services Group by 7.9% in the third quarter. CWM LLC now owns 15,048 shares of the insurance provider’s stock worth $1,770,000 after acquiring an additional 1,106 shares during the last quarter. Finally, Marcum Wealth LLC purchased a new stake in shares of The Hartford Financial Services Group during the third quarter worth $209,000. Institutional investors and hedge funds own 93.42% of the company’s stock.

The Hartford Financial Services Group Price Performance

Shares of NYSE:HIG opened at $113.54 on Thursday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $112.51 and a 200 day moving average price of $113.68. The company has a market cap of $32.92 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 0.81 and a beta of 0.97. The Hartford Financial Services Group, Inc. has a twelve month low of $89.04 and a twelve month high of $124.90.

The Hartford Financial Services Group (NYSE:HIG) last posted its quarterly earnings data on Thursday, January 30th. The insurance provider reported $2.94 earnings per share for the quarter, beating the consensus estimate 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%. Research analysts predict that The Hartford Financial Services Group, Inc. will post 11.46 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on the company. Jefferies Financial Group boosted their target price on The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Barclays raised The Hartford Financial Services Group from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $130.00 to $135.00 in a research note on Monday, January 6th. Bank of America raised their price objective on shares of The Hartford Financial Services Group from $121.00 to $124.00 and gave the company a “neutral” rating in a research report on Thursday, October 10th. 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 research report on Monday. Finally, UBS Group raised their price target on shares of The Hartford Financial Services Group from $134.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $122.94.

Insider Buying and Selling at The Hartford Financial Services Group

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $117.04, for a total value of $803,479.60. Following the completion of the transaction, the executive vice president now owns 25,820 shares of the company’s stock, valued at $3,021,972.80. This represents a 21.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.60% of the company’s stock.

The Hartford Financial Services Group Company 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.