The Hartford Financial Services Group (HIG) Expected to Post Quarterly Earnings on Thursday

The Hartford Financial Services Group (NYSE:HIG - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, January 30th. Analysts expect The Hartford Financial Services Group to post earnings of $2.68 per share and revenue of $6,960,786.02 billion for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

The Hartford Financial Services Group Trading Down 0.6 %

NYSE:HIG traded down $0.63 during trading hours on Thursday, reaching $110.93. The company's stock had a trading volume of 1,667,338 shares, compared to its average volume of 1,560,503. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.32 and a current ratio of 0.32. The firm has a market capitalization of $32.16 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 0.81 and a beta of 0.98. The firm has a 50-day simple moving average of $113.68 and a 200-day simple moving average of $112.92. The Hartford Financial Services Group has a 1 year low of $85.34 and a 1 year high of $124.90.

Wall Street Analysts Forecast Growth

HIG has been the topic of several analyst reports. BMO Capital Markets lifted their price objective on The Hartford Financial Services Group from $100.00 to $141.00 and gave the stock a "market perform" rating in a report on Wednesday, November 27th. UBS Group lifted their price target on The Hartford Financial Services Group from $134.00 to $135.00 and gave the stock a "buy" rating in a research note on Tuesday, October 15th. Barclays raised The Hartford Financial Services Group from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $130.00 to $135.00 in a research note on Monday, January 6th. Keefe, Bruyette & Woods lifted their target price on shares of The Hartford Financial Services Group from $135.00 to $139.00 and gave the stock an "outperform" rating in a research note on Friday, January 10th. Finally, JPMorgan Chase & Co. increased their price target on shares of The Hartford Financial Services Group from $122.00 to $125.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $122.28.

Insider Activity at The Hartford Financial Services Group

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.04, for a total transaction of $803,479.60. Following the completion of the transaction, the executive vice president now owns 25,820 shares of the company's stock, valued at approximately $3,021,972.80. This trade represents a 21.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.60% of the stock is currently owned by corporate insiders.

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.