Aviva PLC decreased its position in Hartford Financial Services Group, Inc. (The) (NYSE:HIG) by 0.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 234,468 shares of the insurance provider’s stock after selling 70 shares during the period. Aviva PLC owned about 0.06% of Hartford Financial Services Group, Inc. (The) worth $12,324,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. raised its position in shares of Hartford Financial Services Group, Inc. (The) by 85.8% in the first quarter. Westside Investment Management Inc. now owns 2,165 shares of the insurance provider’s stock worth $103,000 after buying an additional 1,000 shares during the period. Dupont Capital Management Corp acquired a new position in shares of Hartford Financial Services Group, Inc. (The) during the second quarter worth approximately $119,000. Hartford Financial Management Inc. raised its position in shares of Hartford Financial Services Group, Inc. (The) by 5.7% in the second quarter. Hartford Financial Management Inc. now owns 2,803 shares of the insurance provider’s stock worth $147,000 after buying an additional 150 shares during the period. Advisory Services Network LLC acquired a new position in shares of Hartford Financial Services Group, Inc. (The) during the first quarter worth approximately $163,000. Finally, Coconut Grove Bank raised its position in shares of Hartford Financial Services Group, Inc. (The) by 65.4% in the first quarter. Coconut Grove Bank now owns 3,440 shares of the insurance provider’s stock worth $165,000 after buying an additional 1,360 shares during the period. Institutional investors own 90.49% of the company’s stock.

Hartford Financial Services Group, Inc. (HIG) opened at 55.03 on Friday. The company has a 50-day moving average of $54.73 and a 200 day moving average of $50.66. The firm has a market cap of $20.05 billion, a price-to-earnings ratio of 30.20 and a beta of 0.93. Hartford Financial Services Group, Inc. has a 12-month low of $39.96 and a 12-month high of $57.16.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last released its quarterly earnings results on Thursday, July 27th. The insurance provider reported $1.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.10. The business had revenue of $4.77 billion during the quarter, compared to analyst estimates of $4.30 billion. Hartford Financial Services Group, Inc. (The) had a net margin of 3.73% and a return on equity of 9.13%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 earnings per share. Equities analysts expect that Hartford Financial Services Group, Inc. will post $4.26 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 1st will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Wednesday, August 30th. Hartford Financial Services Group, Inc. (The)’s payout ratio is 51.40%.

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HIG has been the topic of a number of recent research reports. BidaskClub lowered shares of Hartford Financial Services Group, Inc. (The) from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 29th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $58.00 price target on shares of Hartford Financial Services Group, Inc. (The) in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of Hartford Financial Services Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a report on Wednesday, June 28th. UBS AG reiterated a “buy” rating and set a $58.00 price target (up previously from $54.00) on shares of Hartford Financial Services Group, Inc. (The) in a report on Monday, June 26th. Finally, Deutsche Bank AG initiated coverage on shares of Hartford Financial Services Group, Inc. (The) in a report on Tuesday, June 6th. They set a “buy” rating and a $60.00 price target on the stock. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Hartford Financial Services Group, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $56.30.

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

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Institutional Ownership by Quarter for Hartford Financial Services Group, Inc. (The) (NYSE:HIG)

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