Robeco Institutional Asset Management B.V. Purchases 34,938 Shares of The Hartford Financial Services Group, Inc. (NYSE:HIG)

Robeco Institutional Asset Management B.V. increased its position in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,234,480 shares of the insurance provider’s stock after buying an additional 34,938 shares during the period. Robeco Institutional Asset Management B.V. owned 0.43% of The Hartford Financial Services Group worth $135,052,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HIG. DT Investment Partners LLC bought a new stake in The Hartford Financial Services Group in the 3rd quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in The Hartford Financial Services Group by 3,342.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 241 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 234 shares during the period. Clean Yield Group bought a new stake in The Hartford Financial Services Group in the 3rd quarter valued at $33,000. BNP Paribas bought a new stake in The Hartford Financial Services Group in the 3rd quarter valued at $35,000. Finally, Ashton Thomas Securities LLC bought a new stake in The Hartford Financial Services Group in the 3rd quarter valued at $40,000. 93.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on HIG shares. StockNews.com raised shares of The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Jefferies Financial Group increased their price target on shares of The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. BMO Capital Markets increased their price objective on shares of The Hartford Financial Services Group from $100.00 to $141.00 and gave the company a “market perform” rating in a research note on Wednesday, November 27th. Wells Fargo & Company dropped 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 research note on Tuesday, January 14th. Finally, Bank of America increased their price objective on shares of The Hartford Financial Services Group from $121.00 to $124.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. Nine investment 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $122.28.

The Hartford Financial Services Group Trading Down 0.8 %

HIG opened at $113.46 on Wednesday. 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 stock has a market capitalization of $32.89 billion, a PE ratio of 11.37, a PEG ratio of 0.81 and a beta of 0.98. The Hartford Financial Services Group, Inc. has a 1-year low of $85.34 and a 1-year high of $124.90. The firm has a 50-day moving average price of $113.36 and a two-hundred day moving average price of $113.26.

Insider Buying and Selling at The Hartford Financial Services Group

In other news, EVP Adin M. Tooker sold 6,865 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were 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 of the company’s stock, valued at approximately $3,021,972.80. This trade represents a 21.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

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.