The Hartford (HIG) EVP Sells 682 Shares of Stock

Marco Green
May 3, 2018

Following the completion of the transaction, the executive vice president now directly owns 16,942 shares of the company's stock, valued at approximately $930,793.48. (NYSE:HIG) recorded a trading volume of 1.89 million shares, below its 90-day volume average of 2.39 million shares.

Xcel Energy Inc. (NASDAQ:XEL) ended its day at 46.54 with the rising stream of -0.24% and its total traded volume was 2.54 million shares less than the average volume.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business clients in the United States. (NYSE:HIG) has risen 7.71% since May 3, 2017 and is uptrending. It has underperformed by 19.37% the S&P500.

Michael Messner increased its stake in Bp Plc (BP) by 435.03% based on its latest 2017Q4 regulatory filing with the SEC. Whale Rock Capital Management Llc sold 146,708 shares as the company's stock rose 14.31% while stock markets declined. Davenport Ltd Liability Co reported 0% of its portfolio in The Hartford Financial Services Group, Inc.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. The stock kicked off the session at $53.67 and later approached $53.9 with a change of 0.11%. The stock ended last trade at 52.29 a share and the price is up more than -7.09% so far this year. It has underperformed by 39.36% the S&P500. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Monday, December 4 report. The lowest target is $47.0 while the high is $54.0. FBR Capital has "Mkt Perform" rating and $47.0 target. The stock has a market capitalization of $19,282.21, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 1.25 and a beta of 0.95. Finally, TheStreet downgraded shares of The Hartford from a "b-" rating to a "c+" rating in a research report on Friday, April 6th. The rating was maintained by Citigroup on Tuesday, April 10 with "Neutral". (NYSE:HIG) earned "Hold" rating by FBR Capital on Monday, April 16.

Whale Rock Capital Management Llc, which manages about $1.16 billion and $2.16 billion US Long portfolio, upped its stake in Kulicke & Soffa Inds Inc (NASDAQ:KLIC) by 489,696 shares to 3.35M shares, valued at $81.42M in 2017Q4, according to the filing. Franklin Resources Inc. grew its position in shares of The Hartford by 48.3% during the 4th quarter.

Investors sentiment decreased to 0.74 in 2017 Q4. It's down -0.09, from 0.83 in 2017Q3. (NYSE:HIG) or 1,000 shares. 50 funds opened positions while 142 raised stakes. Legal General Group Inc Public Limited invested in 0% or 166,349 shares. First Tru Limited Partnership invested 0.01% of its portfolio in The Hartford Financial Services Group, Inc. (NYSE:HIG). Utd Service Automobile Association reported 0.02% in The Hartford Financial Services Group, Inc. Virtus Fund Advisers LLC raised its position in shares of The Hartford by 120.8% in the 4th quarter. (NYSE:HIG) for 874 shares. Daiwa Securities Grp Incorporated invested 0.01% in The Hartford Financial Services Group, Inc. (NYSE:HIG). First Citizens Fincl Bank Communications reported 26,571 shares or 0.2% of all its holdings. Moreover, Hbk Sorce Advisory Ltd Company has 0.03% invested in The Hartford Financial Services Group, Inc. Nuwave Inv Mgmt Ltd Liability Com holds 0.07% in The Hartford Financial Services Group, Inc. (NYSE:HIG). Tompkins Financial Corp holds 0.01% in The Hartford Financial Services Group, Inc.

Goelzer Mgmt Incorporated, Indiana-based fund reported 98,478 shares. Tdam Usa stated it has 3,678 shares. (NYSE:HIG) was sold by ELLIOT DOUGLAS G on Friday, March 9. (NYSE:HIG) on Wednesday, October 28 to "Neutral" rating.

Among 18 analysts covering Hartford Financial (NYSE:HIG), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Shares of The Hartford Financial Services Group, Inc. are now valued at $52.29 with a furture target price of $59.54 according to research brokerages. The stock presently has an average rating of "Buy" and a consensus target price of $59.58. Hartford Financial had 50 analyst reports since July 28, 2015 according to SRatingsIntel.

The Hartford Financial Services Group, Inc. On Thursday, August 4 the stock rating was maintained by Citigroup with "Buy". Citigroup assumed coverage on The Hartford in a report on Wednesday, December 20th. The firm has "Hold" rating given on Thursday, August 20 by Zacks. (NYSE:HIG) or 174,952 shares. RBC Capital Markets has "Buy" rating and $6100 target. As per Wednesday, November 18, the company rating was downgraded by Argus Research.

Since March 5, 2018, it had 0 insider purchases, and 4 sales for $5.27 million activity.

In related news, EVP David C. Robinson sold 682 shares of the firm's stock in a transaction on Monday, April 30th. The stock of The Hartford Financial Services Group, Inc.

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