Hartford Financial Services Group Inc. (NYSE: HIG) is 24.19% higher on its value in year-to-date trading and has touched a low of $67.05 and a high of $103.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HIG stock was last observed hovering at around $98.95 in the last trading session, with the day’s gains setting it 0.87%.
Currently trading at $99.82, the stock is -0.25% and 2.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 0.88% at the moment leaves the stock 22.79% off its SMA200. HIG registered 41.71% gain for a year compared to 6-month gain of 38.66%.
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The stock witnessed a -0.73% loss in the last 1 month and extending the period to 3 months gives it a 16.53%, and is 2.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 1.58% over the month.
Hartford Financial Services Group Inc. (HIG) has around 18700 employees, a market worth around $29.68B and $24.53B in sales. Current P/E ratio is 12.49 and Fwd P/E is 8.73. Profit margin for the company is 10.12%. Distance from 52-week low is 48.87% and -3.69% from its 52-week high. The company has generated returns on investments over the last 12 months (12.61%).
The EPS is expected to grow by 14.27% this year.
Hartford Financial Services Group Inc. (HIG) Top Institutional Holders
The shares outstanding are 298.47M, and float is at 295.89M with Short Float at 1.42%.
Hartford Financial Services Group Inc. (HIG) Insider Activity
The most recent transaction is an insider sale by FISHER MICHAEL R,the company’sEVP. SEC filings show that FISHER MICHAEL R sold 27,004 shares of the company’s common stock on Mar 13 ’24 at a price of $98.90 per share for a total of $2.67 million. Following the sale, the insider now owns 18906.0 shares.
Hartford Financial Services Group Inc. disclosed in a document filed with the SEC on Mar 04 ’24 that Niderno Allison G (SVP & Controller) sold a total of 1,516 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $94.55 per share for $0.14 million. Following the transaction, the insider now directly holds 630.0 shares of the HIG stock.
Still, SEC filings show that on Mar 01 ’24, FISHER MICHAEL R (EVP) disposed off 4,088 shares at an average price of $95.06 for $0.39 million. The insider now directly holds 10,081 shares of Hartford Financial Services Group Inc. (HIG).
