Hartford Financial Services Group, Inc. (The) (NYSE:HIG) posted its earnings results on Monday. The insurance provider reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.03, Bloomberg Earnings reports. 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 $4.68 billion for the quarter, compared to analysts’ expectations of $4.68 billion. During the same period in the previous year, the firm earned $1.06 earnings per share. The business’s revenue was down .7% compared to the same quarter last year.

Shares of Hartford Financial Services Group, Inc. (HIG) traded up 0.52% during midday trading on Tuesday, reaching $54.34. The company had a trading volume of 373,546 shares. The stock has a market capitalization of $19.80 billion, a price-to-earnings ratio of 29.82 and a beta of 0.91. The firm’s 50 day moving average price is $54.79 and its 200-day moving average price is $52.52. Hartford Financial Services Group, Inc. has a 1-year low of $42.30 and a 1-year high of $57.16.

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HIG has been the topic of several research analyst reports. UBS AG reissued a “buy” rating and set a $58.00 target price (up from $54.00) on shares of Hartford Financial Services Group, Inc. (The) in a research note on Monday, June 26th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $58.00 target price on shares of Hartford Financial Services Group, Inc. (The) in a research note on Wednesday, June 28th. BidaskClub cut Hartford Financial Services Group, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 29th. Barclays PLC boosted their target price on Hartford Financial Services Group, Inc. (The) from $56.00 to $59.00 and gave the company an “overweight” rating in a research note on Monday, July 3rd. Finally, Zacks Investment Research cut Hartford Financial Services Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $57.08.

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

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

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