Unigestion Holding SA Raises Holdings in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Unigestion Holding SA increased its position in The Hartford Financial Services Group, Inc. (NYSE:HIG - Free Report) by 1,524.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 218,166 shares of the insurance provider's stock after buying an additional 204,734 shares during the quarter. Unigestion Holding SA owned about 0.08% of The Hartford Financial Services Group worth $25,654,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC raised its position in shares of The Hartford Financial Services Group by 31,680.4% in the 3rd quarter. International Assets Investment Management LLC now owns 694,084 shares of the insurance provider's stock valued at $816,310,000 after purchasing an additional 691,900 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in The Hartford Financial Services Group by 42.1% in 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 purchasing an additional 277,295 shares during the last quarter. Verition Fund Management LLC boosted its position in shares of The Hartford Financial Services Group by 7,564.9% during the third quarter. Verition Fund Management LLC now owns 248,648 shares of the insurance provider's stock worth $29,243,000 after buying an additional 245,404 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in shares of The Hartford Financial Services Group by 22.7% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,199,542 shares of the insurance provider's stock valued at $141,078,000 after purchasing an additional 221,778 shares during the period. Finally, Lighthouse Investment Partners LLC raised its position in shares of The Hartford Financial Services Group by 237.1% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 299,364 shares of the insurance provider's stock worth $30,098,000 after buying an additional 210,546 shares in the last quarter. Hedge funds and other institutional investors own 93.42% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on HIG shares. Wells Fargo & Company upped their price target on The Hartford Financial Services Group from $122.00 to $134.00 and gave the company an "overweight" rating in a report on Tuesday, September 17th. Barclays started coverage on shares of The Hartford Financial Services Group in a report on Wednesday, September 4th. They issued an "equal weight" rating and a $130.00 price objective for the company. UBS Group boosted their price objective on The Hartford Financial Services Group from $134.00 to $135.00 and gave the stock a "buy" rating in a research report on Tuesday, October 15th. Bank of America raised their price target on shares of The Hartford Financial Services Group from $121.00 to $124.00 and gave the stock a "neutral" rating in a research note on Thursday, October 10th. Finally, JPMorgan Chase & Co. boosted their target price on The Hartford Financial Services Group from $122.00 to $125.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Ten analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, The Hartford Financial Services Group presently has an average rating of "Moderate Buy" and a consensus price target of $122.00.

The Hartford Financial Services Group Stock Up 0.0 %

Shares of The Hartford Financial Services Group stock traded up $0.04 during trading on Wednesday, hitting $113.02. The company's stock had a trading volume of 1,875,152 shares, compared to its average volume of 1,592,379. 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 company has a fifty day simple moving average of $117.73 and a two-hundred day simple moving average of $111.06. The Hartford Financial Services Group, Inc. has a 52 week low of $78.33 and a 52 week high of $124.90. The company has a market capitalization of $32.76 billion, a PE ratio of 11.34, a P/E/G ratio of 0.98 and a beta of 0.95.

The Hartford Financial Services Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Monday, December 2nd will be paid a $0.52 dividend. This is a positive change from The Hartford Financial Services Group's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.84%. The Hartford Financial Services Group's dividend payout ratio is 20.84%.

Insider Activity at The Hartford Financial Services Group

In other news, EVP Adin M. Tooker sold 6,865 shares of the business's stock in a transaction 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 sale, the executive vice president now directly owns 25,820 shares of the company's stock, valued at approximately $3,021,972.80. The trade was a 21.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.60% of the stock is currently 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.