Hartford Financial Services Group Inc (NYSE:HIG) was the target of unusually large options trading on Wednesday. Traders bought 3,368 call options on the company. This represents an increase of approximately 896% compared to the typical volume of 338 call options.

Shares of Hartford Financial Services Group (NYSE:HIG) opened at $57.43 on Friday. Hartford Financial Services Group has a 1-year low of $46.35 and a 1-year high of $58.16. The stock has a market capitalization of $20,489.92, a P/E ratio of 15.44, a PEG ratio of 1.67 and a beta of 0.98. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

Hartford Financial Services Group (NYSE:HIG) last issued its quarterly earnings data on Monday, October 23rd. The insurance provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. Hartford Financial Services Group had a return on equity of 8.21% and a net margin of 2.63%. The company had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.68 billion. During the same quarter in the previous year, the company posted $1.06 earnings per share. The business’s revenue was down .7% on a year-over-year basis. equities research analysts expect that Hartford Financial Services Group will post 3.63 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 1st will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Thursday, November 30th. This is a boost from Hartford Financial Services Group’s previous quarterly dividend of $0.23. Hartford Financial Services Group’s payout ratio is currently 76.34%.

A number of equities analysts recently commented on HIG shares. BidaskClub upgraded Hartford Financial Services Group from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. Zacks Investment Research upgraded Hartford Financial Services Group from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a report on Friday, September 22nd. Buckingham Research started coverage on Hartford Financial Services Group in a report on Monday, September 11th. They set a “buy” rating and a $63.00 price target for the company. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $60.00 price target on shares of Hartford Financial Services Group in a report on Thursday, August 31st. Finally, UBS lifted their price target on Hartford Financial Services Group from $58.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $57.42.

Several large investors have recently modified their holdings of HIG. Dupont Capital Management Corp bought a new stake in shares of Hartford Financial Services Group during the second quarter worth approximately $119,000. Sun Life Financial INC boosted its holdings in shares of Hartford Financial Services Group by 26,810.0% during the second quarter. Sun Life Financial INC now owns 2,691 shares of the insurance provider’s stock worth $141,000 after acquiring an additional 2,681 shares during the period. Howard Hughes Medical Institute acquired a new stake in shares of Hartford Financial Services Group in the second quarter valued at approximately $148,000. Wesbanco Bank Inc. acquired a new stake in shares of Hartford Financial Services Group in the third quarter valued at approximately $206,000. Finally, Bahl & Gaynor Inc. acquired a new stake in shares of Hartford Financial Services Group in the second quarter valued at approximately $207,000. Institutional investors own 88.61% of the company’s stock.

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About Hartford Financial Services Group

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