Blue Trust Inc. Has $874,000 Holdings in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Blue Trust Inc. increased its stake in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) by 44.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,434 shares of the insurance provider’s stock after acquiring an additional 2,284 shares during the period. Blue Trust Inc.’s holdings in The Hartford Financial Services Group were worth $874,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Trust Co. of Vermont grew its holdings in shares of The Hartford Financial Services Group by 27.9% in the third quarter. Trust Co. of Vermont now owns 403 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 88 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of The Hartford Financial Services Group by 4.0% in the third quarter. Brooklyn Investment Group now owns 2,444 shares of the insurance provider’s stock worth $287,000 after purchasing an additional 94 shares during the last quarter. Lifestyle Asset Management Inc. lifted its holdings in shares of The Hartford Financial Services Group by 0.9% during the fourth quarter. Lifestyle Asset Management Inc. now owns 11,499 shares of the insurance provider’s stock valued at $1,258,000 after purchasing an additional 98 shares in the last quarter. Catalina Capital Group LLC boosted its position in shares of The Hartford Financial Services Group by 4.3% during the third quarter. Catalina Capital Group LLC now owns 2,488 shares of the insurance provider’s stock valued at $293,000 after buying an additional 102 shares during the last quarter. Finally, Meeder Advisory Services Inc. increased its holdings in The Hartford Financial Services Group by 1.9% in the 3rd quarter. Meeder Advisory Services Inc. now owns 5,621 shares of the insurance provider’s stock worth $661,000 after buying an additional 104 shares in the last quarter. 93.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on HIG. Jefferies Financial Group upped their target price on shares of The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Bank of America lifted their target price on shares of The Hartford Financial Services Group from $121.00 to $124.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. StockNews.com raised The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a report on Friday, November 15th. BMO Capital Markets lifted their price objective on The Hartford Financial Services Group from $100.00 to $141.00 and gave the stock a “market perform” rating in a report on Wednesday, November 27th. Finally, Wells Fargo & Company dropped 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 research report on Tuesday, January 14th. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, The Hartford Financial Services Group presently has an average rating of “Moderate Buy” and an average price target of $122.28.

The Hartford Financial Services Group Trading Up 0.1 %

Shares of HIG opened at $113.52 on Thursday. The company’s fifty day simple moving average is $113.30 and its 200-day simple moving average is $113.35. The company has a market cap of $32.91 billion, a P/E ratio of 11.37, a P/E/G ratio of 0.81 and a beta of 0.98. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.26. The Hartford Financial Services Group, Inc. has a twelve month low of $85.34 and a twelve month high of $124.90.

Insider Activity at The Hartford Financial Services Group

In other news, EVP Adin M. Tooker sold 6,865 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $117.04, for a total transaction of $803,479.60. Following the transaction, the executive vice president now owns 25,820 shares of the company’s stock, valued at approximately $3,021,972.80. This represents a 21.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.60% of the stock is currently owned by insiders.

The Hartford Financial Services Group 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.