The Hartford Financial Services Group, Inc. (NYSE:HIG) Stock Holdings Increased by Stephens Inc. AR

Stephens Inc. AR raised its position in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG - Free Report) by 13.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,949 shares of the insurance provider's stock after buying an additional 2,291 shares during the quarter. Stephens Inc. AR's holdings in The Hartford Financial Services Group were worth $2,073,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Visionary Horizons LLC boosted its holdings in shares of The Hartford Financial Services Group by 7.8% in the 4th quarter. Visionary Horizons LLC now owns 5,976 shares of the insurance provider's stock valued at $654,000 after buying an additional 433 shares during the period. Empowered Funds LLC lifted its holdings in The Hartford Financial Services Group by 62.1% in the fourth quarter. Empowered Funds LLC now owns 28,622 shares of the insurance provider's stock worth $3,131,000 after acquiring an additional 10,964 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in The Hartford Financial Services Group by 2.2% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 4,468 shares of the insurance provider's stock valued at $489,000 after acquiring an additional 97 shares during the period. Kingsview Wealth Management LLC grew its holdings in shares of The Hartford Financial Services Group by 47.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 31,381 shares of the insurance provider's stock valued at $3,433,000 after purchasing an additional 10,063 shares during the last quarter. Finally, Vest Financial LLC raised its position in shares of The Hartford Financial Services Group by 29.0% during the 4th quarter. Vest Financial LLC now owns 298,884 shares of the insurance provider's stock worth $32,698,000 after purchasing an additional 67,224 shares during the period. Institutional investors own 93.42% of the company's stock.

The Hartford Financial Services Group Price Performance

NYSE:HIG traded down $0.23 during mid-day trading on Wednesday, reaching $111.21. 1,758,452 shares of the stock were exchanged, compared to its average volume of 1,680,757. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.27. The business has a fifty day moving average price of $111.53 and a 200 day moving average price of $114.00. The Hartford Financial Services Group, Inc. has a 1-year low of $89.79 and a 1-year high of $124.90. The firm has a market capitalization of $32.24 billion, a PE ratio of 10.74, a PEG ratio of 1.12 and a beta of 0.97.

The Hartford Financial Services Group (NYSE:HIG - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The insurance provider reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.26. The Hartford Financial Services Group had a net margin of 11.72% and a return on equity of 19.55%. Research analysts expect that The Hartford Financial Services Group, Inc. will post 11.23 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Adin M. Tooker sold 6,865 shares of the firm's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $117.04, for a total transaction of $803,479.60. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

HIG has been the subject of a number of analyst reports. Piper Sandler boosted their price objective on The Hartford Financial Services Group from $127.00 to $130.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. upped their price target on shares of The Hartford Financial Services Group from $122.00 to $125.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $125.00 price objective on shares of The Hartford Financial Services Group in a research report on Monday, February 3rd. Barclays upgraded shares of 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 research report on Monday, January 6th. Finally, Keefe, Bruyette & Woods lifted their price target on The Hartford Financial Services Group from $139.00 to $140.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $122.94.

About The Hartford Financial Services Group

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.