Advisory Alpha LLC Takes Position in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Advisory Alpha LLC purchased a new stake in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,866 shares of the insurance provider’s stock, valued at approximately $204,000.

A number of other institutional investors also recently bought and sold shares of HIG. DT Investment Partners LLC purchased a new stake in shares of The Hartford Financial Services Group in the third quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. grew its position in The Hartford Financial Services Group by 3,342.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 241 shares of the insurance provider’s stock valued at $26,000 after acquiring an additional 234 shares during the last quarter. Clean Yield Group purchased a new stake in The Hartford Financial Services Group in the third quarter worth $33,000. BNP Paribas bought a new stake in shares of The Hartford Financial Services Group during the third quarter worth $35,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of The Hartford Financial Services Group during the third quarter valued at $40,000. 93.42% of the stock is currently owned by institutional investors.

The Hartford Financial Services Group Stock Up 0.5 %

The Hartford Financial Services Group stock opened at $111.46 on Friday. The Hartford Financial Services Group, Inc. has a 1-year low of $85.34 and a 1-year high of $124.90. The business has a fifty day moving average price of $113.57 and a 200-day moving average price of $112.90. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32. The stock has a market capitalization of $32.31 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 0.81 and a beta of 0.98.

Insider Buying and Selling at The Hartford Financial Services Group

In related news, EVP Adin M. Tooker sold 6,865 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.04, for a total value of $803,479.60. Following the completion of the transaction, the executive vice president now directly owns 25,820 shares of the company’s stock, valued at $3,021,972.80. This trade represents a 21.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on HIG shares. Bank of America lifted their price objective on shares of The Hartford Financial Services Group from $121.00 to $124.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. UBS Group boosted their price target on The Hartford Financial Services Group from $134.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Jefferies Financial Group increased their price objective on The Hartford Financial Services Group from $113.00 to $127.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Barclays upgraded The Hartford Financial Services Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $130.00 to $135.00 in a report on Monday, January 6th. Finally, StockNews.com upgraded The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, The Hartford Financial Services Group currently has a consensus rating of “Moderate Buy” and an average target price of $122.28.

The Hartford Financial Services Group Company Profile

The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.