1 week Ago By ABMN Staff
The Hartford Financial Services Group, Inc. ( NYSE:HIG – Get Free Report ) has received an average rating of “Moderate Buy” from the eighteen research firms that are presently covering the stock, Marketbeat reports. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company.
The average 12-month target price among brokerages that have covered the stock in the last year is $122.00. Several research firms have commented on HIG.
BMO Capital Markets boosted their target price 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 report on Wednesday, November 27th.
UBS Group upped their price objective on shares of The Hartford Financial Services Group from $134.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday, October 15th.
Wells Fargo & Company raised their target price on The Hartford Financial Services Group from $122.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, September 17th.
StockNews.com upgraded The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Finally, Jefferies Financial Group raised their price objective 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. View Our Latest Stock Analysis on HIG Insider Buying and Selling Institutional Inflows and Outflows Several hedge funds and other institutional investors have recently bought and sold shares of HIG.
GAMMA Investing LLC increased its holdings in The Hartford Financial Services Group by 6.1% in the 4th quarter. GAMMA Investing LLC now owns 10,064 shares of the insurance provider’s stock valued at $1,101,000 after buying an additional 581 shares during the period.
Versant Capital Management Inc increased its stake in The Hartford Financial Services Group by 62.6% in the fourth quarter. Versant Capital Management Inc now owns 470 shares of the insurance provider’s stock valued at $51,000 after acquiring an additional 181 shares during the period.
Principal Financial Group Inc. raised its position in The Hartford Financial Services Group by 1.9% in the third quarter.
Principal Financial Group Inc. now owns 353,873 shares of the insurance provider’s stock worth $41,619,000 after purchasing an additional 6,605 shares in the last quarter. SMART Wealth LLC bought a new position in The Hartford Financial Services Group during the third quarter worth about $258,000.
Finally, Peapack Gladstone Financial Corp acquired a new stake in The Hartford Financial Services Group during the third quarter valued at approximately $420,000. 93.42% of the stock is owned by institutional investors.
The Hartford Financial Services Group Trading Up 0.4 % Shares of NYSE HIG opened at $109.50 on Wednesday.
The business has a 50 day simple moving average of $114.81 and a 200 day simple moving average of $112.02.
The Hartford Financial Services Group has a 52 week low of $81.04 and a 52 week high of $124.90.
The stock has a market cap of $31.74 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 0.
92 and a beta of 0.95. The company has a debt-to-equity ratio of 0.
26, a quick ratio of 0.32 and a current ratio of 0.32.
The Hartford Financial Services Group Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 2nd were paid a $0.52 dividend.
This is an increase from The Hartford Financial Services Group’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, December 2nd.
This represents a $2.08 annualized dividend and a dividend yield of 1.90%.
The Hartford Financial Services Group’s dividend payout ratio (DPR) is presently 20.84%. The Hartford Financial Services Group Company Profile ( Get Free Report 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. Read More Receive News & Ratings for The Hartford Financial Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hartford Financial Services Group and related companies with MarketBeat.com's FREE daily email newsletter .
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