Aperio Group LLC Buys 14,562 Shares of Hartford Financial Services Group Inc (NYSE:HIG)

Aperio Group LLC increased its position in shares of Hartford Financial Services Group Inc (NYSE:HIG) by 5.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 265,133 shares of the insurance provider’s stock after buying an additional 14,562 shares during the quarter. Aperio Group LLC owned about 0.07% of Hartford Financial Services Group worth $14,922,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. PGGM Investments grew its stake in Hartford Financial Services Group by 195.7% during the 3rd quarter. PGGM Investments now owns 752,785 shares of the insurance provider’s stock worth $41,727,000 after buying an additional 498,249 shares during the last quarter. Marathon Asset Management LLP lifted its position in Hartford Financial Services Group by 3.6% during the 4th quarter. Marathon Asset Management LLP now owns 965,265 shares of the insurance provider’s stock worth $54,552,000 after acquiring an additional 33,367 shares during the period. California Public Employees Retirement System lifted its position in Hartford Financial Services Group by 3.7% during the 3rd quarter. California Public Employees Retirement System now owns 1,174,021 shares of the insurance provider’s stock worth $65,076,000 after acquiring an additional 42,330 shares during the period. AMP Capital Investors Ltd lifted its position in Hartford Financial Services Group by 2.2% during the 3rd quarter. AMP Capital Investors Ltd now owns 273,812 shares of the insurance provider’s stock worth $15,175,000 after acquiring an additional 5,830 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its position in Hartford Financial Services Group by 5.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 77,207 shares of the insurance provider’s stock worth $4,280,000 after acquiring an additional 4,299 shares during the period. Hedge funds and other institutional investors own 87.59% of the company’s stock.

Hartford Financial Services Group Inc (NYSE:HIG) opened at $53.80 on Wednesday. Hartford Financial Services Group Inc has a one year low of $46.35 and a one year high of $59.20. The firm has a market capitalization of $19,088.80, a P/E ratio of -6.11, a P/E/G ratio of 1.27 and a beta of 0.93. The company has a quick ratio of 0.40, a current ratio of 0.27 and a debt-to-equity ratio of 0.37.

Hartford Financial Services Group (NYSE:HIG) last released its quarterly earnings results on Thursday, February 8th. The insurance provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.04. The company had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.54 billion. Hartford Financial Services Group had a positive return on equity of 7.89% and a negative net margin of 16.79%. Hartford Financial Services Group’s revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.08 earnings per share. equities analysts predict that Hartford Financial Services Group Inc will post 4.43 earnings per share for the current fiscal year.

A number of research firms have weighed in on HIG. UBS Group increased their price objective on Hartford Financial Services Group from $58.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Zacks Investment Research raised Hartford Financial Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, February 7th. Wells Fargo & Co set a $56.00 price target on Hartford Financial Services Group and gave the company a “hold” rating in a report on Friday, February 9th. Credit Suisse Group raised Hartford Financial Services Group from a “neutral” rating to an “outperform” rating and set a $65.00 price target for the company in a report on Tuesday, December 19th. Finally, Goldman Sachs Group started coverage on Hartford Financial Services Group in a report on Monday, December 4th. They issued a “neutral” rating and a $59.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $59.00.

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Hartford Financial Services Group Profile

The Hartford Financial Services Group, Inc is a holding company for insurance and financial services subsidiaries. The Company’s segments include Commercial Lines, which provides workers’ compensation, property, automobile, marine, livestock, liability and umbrella coverages primarily throughout the United States; Personal Lines, which provides automobile, homeowners and personal umbrella coverages to individuals across the United States; Group Benefits, which provides group life, accident and disability coverage, and other products and services; Property & Casualty Other Operations, which includes certain property and casualty operations; Mutual Funds, which provides investment management, administration, product distribution and related services to investors; Talcott Resolution, which consists of the run-off of the Company’s the United States individual and institutional annuity, and Private Placement Life Insurance (PPLI) businesses, and Corporate.

Institutional Ownership by Quarter for Hartford Financial Services Group (NYSE:HIG)

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