Investors bought shares of Hartford Financial Services Group, Inc. (The) (NYSE:HIG) on weakness during trading on Friday. $27.85 million flowed into the stock on the tick-up and $10.27 million flowed out of the stock on the tick-down, for a money net flow of $17.58 million into the stock. Of all stocks tracked, Hartford Financial Services Group, Inc. (The) had the 22nd highest net in-flow for the day. Hartford Financial Services Group, Inc. (The) traded down ($0.02) for the day and closed at $54.05

Several equities analysts recently issued reports on the stock. UBS AG reissued a “buy” rating and set a $58.00 price objective (up previously from $54.00) on shares of Hartford Financial Services Group, Inc. (The) in a research note on Monday, June 26th. BidaskClub raised shares of Hartford Financial Services Group, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 12th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $58.00 price objective on shares of Hartford Financial Services Group, Inc. (The) in a research report on Sunday, July 30th. Barclays PLC increased their price objective on shares of Hartford Financial Services Group, Inc. (The) from $56.00 to $59.00 and gave the stock an “overweight” rating in a research report on Monday, July 3rd. Finally, FBR & Co increased their price objective on shares of Hartford Financial Services Group, Inc. (The) from $49.00 to $54.00 and gave the stock a “mkt perform” rating in a research report on Tuesday, July 11th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $56.50.

The company has a market capitalization of $19.69 billion, a price-to-earnings ratio of 29.67 and a beta of 0.93. The company has a 50 day moving average of $54.92 and a 200-day moving average of $50.89.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last released its quarterly earnings results on Thursday, July 27th. The insurance provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.10. Hartford Financial Services Group, Inc. (The) had a return on equity of 9.13% and a net margin of 3.73%. The firm had revenue of $4.77 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the prior year, the firm posted $0.31 EPS. The business’s revenue was up 2.0% on a year-over-year basis. On average, equities analysts anticipate that Hartford Financial Services Group, Inc. will post $4.25 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 1st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Wednesday, August 30th. Hartford Financial Services Group, Inc. (The)’s dividend payout ratio (DPR) is presently 51.40%.

Large investors have recently bought and sold shares of the stock. Aperio Group LLC boosted its position in Hartford Financial Services Group, Inc. (The) by 10.0% in the second quarter. Aperio Group LLC now owns 237,939 shares of the insurance provider’s stock valued at $12,508,000 after buying an additional 21,637 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Hartford Financial Services Group, Inc. (The) by 4.0% in the first quarter. Stifel Financial Corp now owns 58,777 shares of the insurance provider’s stock worth $2,825,000 after buying an additional 2,252 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in shares of Hartford Financial Services Group, Inc. (The) by 21.8% in the first quarter. Diamond Hill Capital Management Inc. now owns 6,140,185 shares of the insurance provider’s stock worth $295,159,000 after buying an additional 1,098,003 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Hartford Financial Services Group, Inc. (The) during the first quarter worth approximately $163,000. Finally, Sheaff Brock Investment Advisors LLC bought a new position in shares of Hartford Financial Services Group, Inc. (The) during the first quarter worth approximately $430,000. Institutional investors and hedge funds own 88.25% of the company’s stock.

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Hartford Financial Services Group, Inc. (The) Company Profile

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