Sustainable Insight Capital Management LLC Raises Holdings in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Sustainable Insight Capital Management LLC lifted its holdings in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG - Free Report) by 70.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,795 shares of the insurance provider's stock after buying an additional 19,395 shares during the period. The Hartford Financial Services Group makes up 2.2% of Sustainable Insight Capital Management LLC's portfolio, making the stock its 18th biggest position. Sustainable Insight Capital Management LLC's holdings in The Hartford Financial Services Group were worth $5,119,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Nordea Investment Management AB boosted its holdings in shares of The Hartford Financial Services Group by 17.3% during the 4th quarter. Nordea Investment Management AB now owns 3,938,421 shares of the insurance provider's stock valued at $430,272,000 after acquiring an additional 581,103 shares during the last quarter. AQR Capital Management LLC boosted its holdings in The Hartford Financial Services Group by 4.9% in the second quarter. AQR Capital Management LLC now owns 1,497,960 shares of the insurance provider's stock worth $150,605,000 after purchasing an additional 70,018 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in The Hartford Financial Services Group by 22.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,199,542 shares of the insurance provider's stock worth $141,078,000 after purchasing an additional 221,778 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its stake in The Hartford Financial Services Group by 42.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 935,298 shares of the insurance provider's stock valued at $110,000,000 after buying an additional 277,295 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of The Hartford Financial Services Group by 437.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 871,318 shares of the insurance provider's stock valued at $95,322,000 after buying an additional 709,324 shares during the period. 93.42% of the stock is currently owned by institutional investors.

The Hartford Financial Services Group Trading Up 0.5 %

NYSE HIG traded up $0.57 during trading hours on Friday, hitting $111.46. 1,404,797 shares of the company were exchanged, compared to its average volume of 1,550,120. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.26. The Hartford Financial Services Group, Inc. has a 52 week low of $85.34 and a 52 week high of $124.90. The stock has a market cap of $32.31 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 0.81 and a beta of 0.98. The stock has a 50-day moving average price of $113.57 and a 200 day moving average price of $112.90.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. StockNews.com upgraded The Hartford Financial Services Group from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods increased their price objective 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. Bank of America raised their price objective on shares of The Hartford Financial Services Group from $121.00 to $124.00 and gave the stock a "neutral" rating in a report on Thursday, October 10th. Jefferies Financial Group boosted their price target on The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. Finally, BMO Capital Markets lifted their price target on shares of The Hartford Financial Services Group from $100.00 to $141.00 and gave the company a "market perform" rating in a report on Wednesday, November 27th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $122.28.

Insider Buying and Selling

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the company's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $117.04, for a total value of $803,479.60. Following the transaction, the executive vice president now owns 25,820 shares of the company's stock, valued at $3,021,972.80. This represents a 21.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.60% of the stock is owned by corporate insiders.

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.