The Hartford Financial Services Group (HIG) Projected to Post Quarterly Earnings on Thursday

The Hartford Financial Services Group (NYSE:HIG) is expected to announce its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $2.68 per share and revenue of $6,960,786.02 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

The Hartford Financial Services Group Price Performance

NYSE HIG opened at $111.57 on Thursday. The firm has a market cap of $32.34 billion, a P/E ratio of 11.18, a price-to-earnings-growth ratio of 0.81 and a beta of 0.98. The stock’s 50-day moving average is $113.80 and its two-hundred day moving average is $112.93. The Hartford Financial Services Group has a fifty-two week low of $85.34 and a fifty-two week high of $124.90. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32.

Insider Activity at The Hartford Financial Services Group

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 25,820 shares in the company, valued at $3,021,972.80. This represents a 21.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HIG. Wells Fargo & Company reduced their target price on The Hartford Financial Services Group from $134.00 to $130.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. 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. UBS Group lifted their target price on shares of The Hartford Financial Services Group from $134.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday, October 15th. Keefe, Bruyette & Woods raised their price target on The Hartford Financial Services Group from $135.00 to $139.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, JPMorgan Chase & Co. boosted their price objective on The Hartford Financial Services Group from $122.00 to $125.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Nine equities research 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $122.28.

About The Hartford Financial Services Group

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.