Toth Financial Advisory Corp trimmed its holdings in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG – Free Report) by 53.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 400 shares of the insurance provider’s stock after selling 465 shares during the period. Toth Financial Advisory Corp’s holdings in The Hartford Financial Services Group were worth $44,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Monte Financial Group LLC boosted its stake in shares of The Hartford Financial Services Group by 3.6% during the 4th quarter. Monte Financial Group LLC now owns 46,922 shares of the insurance provider’s stock worth $5,133,000 after acquiring an additional 1,614 shares in the last quarter. GSB Wealth Management LLC lifted its holdings in The Hartford Financial Services Group by 6.6% in the 4th quarter. GSB Wealth Management LLC now owns 3,807 shares of the insurance provider’s stock worth $416,000 after purchasing an additional 235 shares during the last quarter. CX Institutional boosted its position in The Hartford Financial Services Group by 2.3% during the fourth quarter. CX Institutional now owns 5,714 shares of the insurance provider’s stock worth $625,000 after purchasing an additional 131 shares during the period. Impact Partnership Wealth LLC grew its holdings in The Hartford Financial Services Group by 12.0% during the fourth quarter. Impact Partnership Wealth LLC now owns 4,583 shares of the insurance provider’s stock valued at $501,000 after purchasing an additional 491 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. lifted its stake in shares of The Hartford Financial Services Group by 2.1% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 5,239 shares of the insurance provider’s stock worth $573,000 after buying an additional 108 shares during the last quarter. 93.42% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, EVP Adin M. Tooker sold 6,865 shares of The Hartford Financial Services Group stock in a transaction dated 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 directly owns 25,820 shares of the company’s stock, valued at $3,021,972.80. This trade represents a 21.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by corporate insiders.
The Hartford Financial Services Group Stock Up 0.5 %
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of The Hartford Financial Services Group from $134.00 to $130.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. StockNews.com upgraded The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. increased their target price on The Hartford Financial Services Group from $122.00 to $125.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. 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 report on Tuesday, October 15th. Finally, Jefferies Financial Group increased their price objective on The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $122.28.
Get Our Latest Research Report on The Hartford Financial Services Group
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.
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