Hartford Financial Services Group, Inc. (The) (NYSE:HIG) – Equities research analysts at Langen Mcalenn dropped their Q1 2018 earnings per share estimates for shares of Hartford Financial Services Group, Inc. (The) in a research note issued on Monday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the insurance provider will post earnings of $1.09 per share for the quarter, down from their prior forecast of $1.18.

Other analysts also recently issued reports about the company. UBS AG reissued a “buy” rating and issued a $58.00 price objective (up from $54.00) on shares of Hartford Financial Services Group, Inc. (The) in a research note on Monday, June 26th. BidaskClub raised Hartford Financial Services Group, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. Buckingham Research assumed coverage on Hartford Financial Services Group, Inc. (The) in a research note on Monday, September 11th. They issued a “buy” rating and a $63.00 price objective for the company. Wells Fargo & Company reissued a “hold” rating and issued a $55.00 price objective on shares of Hartford Financial Services Group, Inc. (The) in a research note on Monday. Finally, Zacks Investment Research raised Hartford Financial Services Group, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Tuesday. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $57.08.

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Hartford Financial Services Group, Inc. (NYSE:HIG) traded up 0.823% on Tuesday, reaching $54.505. The company’s stock had a trading volume of 601,477 shares. Hartford Financial Services Group, Inc. has a 52-week low of $42.30 and a 52-week high of $57.16. The company has a market cap of $19.86 billion, a P/E ratio of 29.915 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. (The) (NYSE:HIG) last posted its quarterly earnings data on Monday, October 23rd. The insurance provider reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.03. The business had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.68 billion. Hartford Financial Services Group, Inc. (The) had a return on equity of 9.13% and a net margin of 3.73%. Hartford Financial Services Group, Inc. (The)’s quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $1.06 earnings per share.

Several hedge funds have recently added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Hartford Financial Services Group, Inc. (The) by 1.2% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,111 shares of the insurance provider’s stock valued at $216,000 after acquiring an additional 48 shares in the last quarter. First Allied Advisory Services Inc. grew its holdings in shares of Hartford Financial Services Group, Inc. (The) by 0.5% in the second quarter. First Allied Advisory Services Inc. now owns 12,501 shares of the insurance provider’s stock valued at $659,000 after acquiring an additional 58 shares in the last quarter. Scotia Capital Inc. grew its holdings in shares of Hartford Financial Services Group, Inc. (The) by 0.3% in the second quarter. Scotia Capital Inc. now owns 33,319 shares of the insurance provider’s stock valued at $1,751,000 after acquiring an additional 102 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Hartford Financial Services Group, Inc. (The) by 3.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,166 shares of the insurance provider’s stock valued at $219,000 after acquiring an additional 127 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of Hartford Financial Services Group, Inc. (The) by 2.3% in the second quarter. Stratos Wealth Partners LTD. now owns 6,526 shares of the insurance provider’s stock valued at $343,000 after acquiring an additional 144 shares in the last quarter. 88.37% of the stock is owned by institutional investors.

About Hartford Financial Services Group, Inc. (The)

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

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