Janus Henderson Group PLC Has $231.03 Million Holdings in Hartford Financial Services Group Inc (HIG)

Janus Henderson Group PLC boosted its holdings in shares of Hartford Financial Services Group Inc (NYSE:HIG) by 31.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,168,047 shares of the insurance provider’s stock after acquiring an additional 986,139 shares during the period. Janus Henderson Group PLC owned 1.17% of Hartford Financial Services Group worth $231,034,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dupont Capital Management Corp acquired a new stake in Hartford Financial Services Group during the 2nd quarter worth $119,000. Sun Life Financial INC grew its holdings in Hartford Financial Services Group by 26,810.0% during the 2nd quarter. Sun Life Financial INC now owns 2,691 shares of the insurance provider’s stock worth $141,000 after acquiring an additional 2,681 shares during the period. Howard Hughes Medical Institute acquired a new stake in Hartford Financial Services Group during the 2nd quarter worth $148,000. Wesbanco Bank Inc. acquired a new stake in Hartford Financial Services Group during the 3rd quarter worth $206,000. Finally, Tdam USA Inc. acquired a new stake in Hartford Financial Services Group during the 3rd quarter worth $208,000. 88.62% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on HIG. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $60.00 target price on shares of Hartford Financial Services Group in a report on Thursday, August 31st. Zacks Investment Research lowered shares of Hartford Financial Services Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Wells Fargo & Company reaffirmed a “hold” rating and set a $55.00 target price on shares of Hartford Financial Services Group in a report on Monday, October 23rd. BidaskClub cut shares of Hartford Financial Services Group from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Finally, Buckingham Research assumed coverage on shares of Hartford Financial Services Group in a research report on Monday, September 11th. They set a “buy” rating and a $63.00 price target on the stock. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $57.75.

Hartford Financial Services Group Inc (NYSE:HIG) opened at $55.17 on Monday. The firm has a market cap of $19,680.17, a price-to-earnings ratio of 14.83, a PEG ratio of 1.63 and a beta of 0.98. Hartford Financial Services Group Inc has a 52-week low of $46.35 and a 52-week high of $58.61. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

Hartford Financial Services Group (NYSE:HIG) last announced its quarterly earnings results on Monday, October 23rd. The insurance provider reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. The company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.68 billion. Hartford Financial Services Group had a net margin of 2.63% and a return on equity of 8.21%. The business’s quarterly revenue was down .7% compared to the same quarter last year. During the same period last year, the firm posted $1.06 earnings per share. research analysts anticipate that Hartford Financial Services Group Inc will post 3.57 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 1st will be given a $0.25 dividend. This is a boost from Hartford Financial Services Group’s previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 30th. Hartford Financial Services Group’s payout ratio is currently 76.34%.

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Hartford Financial Services Group Company Profile

Institutional Ownership by Quarter for Hartford Financial Services Group (NYSE:HIG)

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