The Hartford Financial Services Group Inc. (HIG): Key fundamentals of HIG


The Hartford Financial Services Group Inc. (NYSE:HIG) changes shares on Thursday trading session, with a change of 0.34% or $0.14 shares. The trading starts at $40.48 and closed at $41.07 throughout the day. The trading session low price was $40.195 and day high was $41.53 on Thursday, June 18. After the session, the Financial sector daily volume shifted to 2.0 million while its average volume is 3.76M. In other hand, the HIG market cap reached to $14.41B. While, its current target price is $41.21 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 5.42% and up 20.01% for month. Its quarterly performance was 22.94% above, while its half year performance is down -32.32%. HIG yearly performance stood at negative -25.41% and fall -32.19% for year-to-date. Current recommendation for The Hartford Financial Services Group Inc. is 2.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. HIG EPS (TTM) for 12-month is 4.69. EPS for this year is 43.00%, while for the next year its value is 5.19. Sales growth for the current quarter is 7.52 while its EPS Q/Q reached -56.70%. It has an EPS of 14.00% up for past five years and for the next five years will be up 1.17%.

Let’s take a look on the analyst recommendations on HIG for the current month and previous month. For the current month, 13 of 18 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $43.00-$63.00. Average target price for HIG was reached at $50.69.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in The Hartford Financial Services Group Inc. (HIG) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 40.87 million shares which valued 1.44 billion. On Mar 30, 2020, Blackrock Inc. owned 32.44 million shares which valued at 1.14 billion. On Mar 30, 2020, State Street Corporation has a total of 20.65 million shares which valued at 727.76 million. In the end, State Street Corporation have 5.77% shares outstanding of The Hartford Financial Services Group Inc. (HIG) on Mar 30, 2020. The insider ownership moved to 0.20% and institutional holding shifted to 93.70%.

The company posted an EPS (TTM) of 4.69. According to the most recent quarter report on (Jun 2020), 15 analysts estimated an average EPS of 0.92, while 1.33 EPS posted a year ago period. Analyst Estimated EPS for HIG published in the report was 0.38-1.3 during the same period. Comparing with last year, the average estimated EPS was 1.33 which is lower than 1.34 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for HIG fall -20.17% for period of 200 days. SMA for 50 days was 7.45% which is showing green signal, while SMA-20 was 1.27%. The moving average value for The Hartford Financial Services Group Inc. (HIG) is 47.86 and 38.32 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in HIG stock. On Mar 13, FETTER TREVOR, Director, bought 10,000 trading shares at the cost of $41.38, which valued at 0.41 million. On Mar 02, Bennett Jonathan R, EVP, sold 3,521 shares at the cost of $50.07, with total shares of 28,801. On Feb 28, Mikells Kathryn A, Director, bought 5,000 shares at the cost of 49.90. After this transaction, Mikells Kathryn A total shares reached to 46,111 which valued at 0.25 million.