Certuity LLC Has $225,000 Stake in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Certuity LLC reduced its holdings in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,056 shares of the insurance provider’s stock after selling 139 shares during the period. Certuity LLC’s holdings in The Hartford Financial Services Group were worth $225,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HIG. DT Investment Partners LLC bought a new stake in The Hartford Financial Services Group in the third quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of The Hartford Financial Services Group by 3,342.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 241 shares of the insurance provider’s stock worth $26,000 after buying an additional 234 shares during the period. Barrett & Company Inc. increased its stake in shares of The Hartford Financial Services Group by 46.5% in the 4th quarter. Barrett & Company Inc. now owns 293 shares of the insurance provider’s stock valued at $32,000 after acquiring an additional 93 shares in the last quarter. BNP Paribas acquired a new position in shares of The Hartford Financial Services Group during the 3rd quarter valued at $35,000. Finally, Ashton Thomas Securities LLC bought a new position in The Hartford Financial Services Group during the third quarter worth $40,000. 93.42% of the stock is owned by institutional investors and hedge funds.

The Hartford Financial Services Group Trading Up 1.1 %

Shares of The Hartford Financial Services Group stock opened at $112.38 on Friday. The firm has a market cap of $32.58 billion, a PE ratio of 10.86, a P/E/G ratio of 1.12 and a beta of 0.97. The Hartford Financial Services Group, Inc. has a 1 year low of $90.66 and a 1 year high of $124.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.32 and a quick ratio of 0.32. The stock has a fifty day moving average price of $111.34 and a 200-day moving average price of $113.98.

The Hartford Financial Services Group (NYSE:HIG) last posted its quarterly earnings data on Thursday, January 30th. The insurance provider reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.26. The Hartford Financial Services Group had a net margin of 11.72% and a return on equity of 19.55%. Equities research analysts anticipate that The Hartford Financial Services Group, Inc. will post 11.23 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on HIG. Wells Fargo & Company dropped their price objective on shares of The Hartford Financial Services Group from $130.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Barclays upgraded The Hartford Financial Services Group from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $130.00 to $135.00 in a report on Monday, January 6th. StockNews.com upgraded The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a report on Friday, November 15th. JPMorgan Chase & Co. lifted their price target on shares of The Hartford Financial Services Group from $122.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, BMO Capital Markets upped their price objective on shares of 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. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $122.94.

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.