Mraz Amerine & Associates Inc. maintained its position in Hartford Financial Services Group Inc (NYSE:HIG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,600 shares of the insurance provider’s stock at the end of the second quarter. Mraz Amerine & Associates Inc.’s holdings in Hartford Financial Services Group were worth $557,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Westside Investment Management Inc. raised its position in shares of Hartford Financial Services Group by 85.8% in the first quarter. Westside Investment Management Inc. now owns 2,165 shares of the insurance provider’s stock worth $103,000 after buying an additional 1,000 shares during the period. Quadrant Capital Group LLC raised its position in shares of Hartford Financial Services Group by 0.4% in the first quarter. Quadrant Capital Group LLC now owns 2,293 shares of the insurance provider’s stock worth $106,000 after buying an additional 10 shares during the period. Hartford Financial Management Inc. raised its position in shares of Hartford Financial Services Group by 489.6% in the first quarter. Hartford Financial Management Inc. now owns 2,653 shares of the insurance provider’s stock worth $127,000 after buying an additional 2,203 shares during the period. Advisory Services Network LLC bought a new stake in Hartford Financial Services Group during the first quarter worth approximately $163,000. Finally, Coconut Grove Bank increased its stake in Hartford Financial Services Group by 65.4% in the first quarter. Coconut Grove Bank now owns 3,440 shares of the insurance provider’s stock worth $165,000 after buying an additional 1,360 shares in the last quarter. Institutional investors own 90.85% of the company’s stock.

Shares of Hartford Financial Services Group Inc (NYSE HIG) traded up 0.56% during trading on Friday, reaching $56.04. 1,789,183 shares of the company traded hands. Hartford Financial Services Group Inc has a 12 month low of $39.68 and a 12 month high of $56.60. The firm has a 50-day moving average price of $53.87 and a 200-day moving average price of $50.13. The firm has a market capitalization of $20.42 billion, a PE ratio of 30.76 and a beta of 0.93.

Hartford Financial Services Group (NYSE:HIG) last issued its quarterly earnings data on Thursday, July 27th. The insurance provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.10. The firm had revenue of $4.77 billion for the quarter, compared to analyst estimates of $4.30 billion. Hartford Financial Services Group had a negative net margin of 0.84% and a negative return on equity of 0.94%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.31 earnings per share. Equities research analysts anticipate that Hartford Financial Services Group Inc will post $4.26 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 1st will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Wednesday, August 30th. Hartford Financial Services Group’s payout ratio is presently 51.40%.

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A number of analysts recently commented on HIG shares. Wells Fargo & Company reissued a “hold” rating on shares of Hartford Financial Services Group in a report on Tuesday, April 18th. Credit Suisse Group set a $51.00 price objective on shares of Hartford Financial Services Group and gave the stock a “hold” rating in a report on Sunday, April 30th. ValuEngine raised shares of Hartford Financial Services Group from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Deutsche Bank AG started coverage on shares of Hartford Financial Services Group in a report on Tuesday, June 6th. They set a “buy” rating and a $60.00 price objective on the stock. Finally, BidaskClub raised shares of Hartford Financial Services Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 17th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $56.30.

Hartford Financial Services Group Company Profile

Institutional Ownership by Quarter for Hartford Financial Services Group (NYSE:HIG)

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