Hartford Financial Services Group, Inc. (The) (NYSE:HIG) – Equities research analysts at Langen Mcalenn issued their Q4 2017 earnings per share estimates for shares of Hartford Financial Services Group, Inc. (The) in a report issued on Tuesday. Langen Mcalenn analyst R. Glasspiegel forecasts that the insurance provider will post earnings of $1.24 per share for the quarter. Langen Mcalenn also issued estimates for Hartford Financial Services Group, Inc. (The)’s Q1 2018 earnings at $1.18 EPS, Q2 2018 earnings at $1.04 EPS, Q3 2018 earnings at $1.10 EPS and Q4 2018 earnings at $1.28 EPS.

Hartford Financial Services Group, Inc. (The) (NYSE:HIG) last released its quarterly earnings data on Thursday, July 27th. The insurance provider reported $1.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.10. The company had revenue of $4.77 billion during the quarter, compared to the consensus estimate 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%. Hartford Financial Services Group, Inc. (The)’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.31 EPS.

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A number of other equities analysts have also weighed in on the stock. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $60.00 price objective on shares of Hartford Financial Services Group, Inc. (The) in a research report on Tuesday. Zacks Investment Research lowered shares of Hartford Financial Services Group, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday. Buckingham Research assumed coverage on shares of Hartford Financial Services Group, Inc. (The) in a research report on Monday, September 11th. They set a “buy” rating and a $63.00 price target for the company. BidaskClub lowered shares of Hartford Financial Services Group, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Finally, Barclays PLC upped their price target on shares of Hartford Financial Services Group, Inc. (The) from $59.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, August 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $57.00.

Shares of Hartford Financial Services Group, Inc. (HIG) opened at 55.78 on Friday. The firm has a market cap of $20.32 billion, a P/E ratio of 30.61 and a beta of 0.91. Hartford Financial Services Group, Inc. has a 12-month low of $42.30 and a 12-month high of $57.16. The firm has a 50-day moving average of $54.47 and a 200-day moving average of $51.76.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Friday, September 1st were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend was Wednesday, August 30th. Hartford Financial Services Group, Inc. (The)’s payout ratio is currently 51.40%.

Institutional investors have recently added to or reduced their stakes in the company. Aperio Group LLC increased its position in shares of 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 worth $12,508,000 after acquiring an additional 21,637 shares in the last quarter. Stifel Financial Corp boosted its stake 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 valued at $2,825,000 after purchasing an additional 2,252 shares during the period. Andra AP fonden boosted its stake in shares of Hartford Financial Services Group, Inc. (The) by 1.6% in the second quarter. Andra AP fonden now owns 113,300 shares of the insurance provider’s stock valued at $5,956,000 after purchasing an additional 1,800 shares during the period. Quantitative Investment Management LLC purchased a new position in shares of Hartford Financial Services Group, Inc. (The) in the second quarter valued at $30,080,000. Finally, Bellwether Investment Group LLC purchased a new position in shares of Hartford Financial Services Group, Inc. (The) in the second quarter valued at $332,000. 88.23% of the stock is owned by institutional investors.

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

Earnings History and Estimates for Hartford Financial Services Group, Inc. (The) (NYSE:HIG)

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