The Hartford Financial Services Group, Inc. (NYSE:HIG) Stock Position Cut by Toth Financial Advisory Corp

Toth Financial Advisory Corp trimmed its stake in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) by 53.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 400 shares of the insurance provider’s stock after selling 465 shares during the quarter. Toth Financial Advisory Corp’s holdings in The Hartford Financial Services Group were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. DT Investment Partners LLC bought a new stake in The Hartford Financial Services Group during the third quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of The Hartford Financial Services Group by 3,342.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 241 shares of the insurance provider’s stock valued at $26,000 after buying an additional 234 shares during the period. Clean Yield Group bought a new position in The Hartford Financial Services Group during the third quarter valued at about $33,000. BNP Paribas acquired a new position in The Hartford Financial Services Group during the third quarter worth about $35,000. Finally, Ashton Thomas Securities LLC bought a new stake in The Hartford Financial Services Group in the third quarter worth about $40,000. 93.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HIG has been the subject of several research reports. UBS Group raised their price objective on shares of The Hartford Financial Services Group from $134.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday, October 15th. Jefferies Financial Group lifted their price target on shares of The Hartford Financial Services Group from $113.00 to $127.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods increased their price objective on The Hartford Financial Services Group from $135.00 to $139.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Wells Fargo & Company decreased their target price on The Hartford Financial Services Group from $134.00 to $130.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Finally, Bank of America upped their target price on The Hartford Financial Services Group from $121.00 to $124.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $122.28.

Insider Transactions at The Hartford Financial Services Group

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the business’s stock in a transaction dated 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 in the company, valued at $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 SEC, which is available through the SEC website. 1.60% of the stock is currently owned by company insiders.

The Hartford Financial Services Group Stock Up 0.5 %

HIG stock opened at $111.46 on Friday. The company has a 50 day moving average of $113.44 and a two-hundred day moving average of $112.99. The company has a market cap of $32.31 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 0.81 and a beta of 0.98. The Hartford Financial Services Group, Inc. has a 12-month low of $85.34 and a 12-month high of $124.90. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.26.

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.