The Hartford Financial Services Group Inc. (NYSE:HIG) saw strong trading volume on Monday . 2,431,936 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 2,577,568 shares.The stock last traded at $43.88 and had previously closed at $43.75.

Several equities analysts have recently weighed in on the company. Evercore ISI assumed coverage on The Hartford Financial Services Group in a research report on Wednesday, July 6th. They issued a “hold” rating and a $47.00 price target for the company. Zacks Investment Research upgraded The Hartford Financial Services Group from a “sell” rating to a “hold” rating in a research report on Monday, June 20th. FBR & Co reiterated an “outperform” rating and issued a $50.00 price target on shares of The Hartford Financial Services Group in a research report on Wednesday, June 15th. Credit Suisse Group AG reiterated a “buy” rating on shares of The Hartford Financial Services Group in a research report on Monday, June 13th. Finally, Wells Fargo & Co. cut The Hartford Financial Services Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, May 26th. They noted that the move was a valuation call. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $49.20.

The stock has a 50 day moving average of $43.81 and a 200 day moving average of $43.38. The stock has a market capitalization of $17.24 billion and a PE ratio of 11.96.

The Hartford Financial Services Group (NYSE:HIG) last released its quarterly earnings results on Thursday, April 28th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $1.01 by $0.06. During the same quarter last year, the firm earned $1.08 earnings per share. The firm earned $4.39 billion during the quarter, compared to analysts’ expectations of $4.70 billion. The Hartford Financial Services Group’s revenue for the quarter was down 4.9% on a year-over-year basis. On average, equities research analysts forecast that The Hartford Financial Services Group Inc. will post $3.90 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Wednesday, June 1st were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, May 27th. This represents a $0.84 annualized dividend and a dividend yield of 1.92%.

In other news, Director Thomas A. Renyi purchased 1,965 shares of the stock in a transaction dated Monday, June 6th. The shares were purchased at an average cost of $44.63 per share, with a total value of $87,697.95. Following the acquisition, the director now directly owns 40,265 shares of the company’s stock, valued at $1,797,026.95. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Other institutional investors recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of The Hartford Financial Services Group by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,301,010 shares of the company’s stock worth $230,393,000 after buying an additional 21,816 shares in the last quarter. Stephens Inc. AR boosted its position in shares of The Hartford Financial Services Group by 3.8% in the fourth quarter. Stephens Inc. AR now owns 166,481 shares of the company’s stock worth $7,235,000 after buying an additional 6,164 shares in the last quarter. Trexquant Investment LP bought a new position in shares of The Hartford Financial Services Group during the fourth quarter worth approximately $1,220,000. Pittenger & Anderson Inc. boosted its position in shares of The Hartford Financial Services Group by 36.2% in the fourth quarter. Pittenger & Anderson Inc. now owns 85,845 shares of the company’s stock worth $3,731,000 after buying an additional 22,825 shares in the last quarter. Finally, Pitcairn Co. boosted its position in shares of The Hartford Financial Services Group by 28.2% in the fourth quarter. Pitcairn Co. now owns 24,527 shares of the company’s stock worth $1,065,000 after buying an additional 5,400 shares in the last quarter.

The Hartford Financial Services Group, Inc is a holding company. The Company operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution. Commercial Lines segment provides workers’ compensation, property, automobile, liability, umbrella, marine and livestock coverages to businesses, throughout the United States.

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