As of Friday close, The Hartford Financial Services Group Inc.’s (NYSE:HIG) stock was up $0.45, moving up 0.65 percent to $69.55. The average number of shares traded per day over the past five days has been 1,996,940 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.56 fall in that time frame. In the last twenty days, the average volume was 2,167,915, while in the previous 50 days, it was 2,216,562.
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Since last month, HIG stock retreated -7.70%. Shares of the company fell to $68.35 on 05/12/22, the lowest level in the past month. A 52-week high of $78.17 was reached on 04/21/22 after having rallying from a 52-week low of $59.86. Since the beginning of this year, HIG’s stock price has risen by 0.74% or $0.51, and marked a new high 14 times. However, the stock has declined by -11.03% since its 52-week high.
The Hartford Financial Services Group Inc. (HIG) last reported insider trading activity 10 days ago on May 04. Swift Christopher, the Chairman and CEO of the company, disposed of 47,130 shares for $72.89 on May 04. It resulted in a $3,435,255 divestment by the insider. Costello Beth Ann sold 47,214 shares at an average price of $73.18 on May 04. The insider now owns 50,503 shares following the transaction. On Apr 22, EVP and General Counsel Robinson David C sold 14,743 shares at $73.02 apiece. The transaction was valued at $1,076,534.
Right now, The Hartford Financial Services Group Inc. (HIG) has a P/E ratio of about 9.56. The stock’s beta is 0.97. Besides these, the trailing price-to-sales (P/S) ratio of 1.02, the price-to-book (PB) ratio of 1.49, and the price-to-cash flow ratio of 7.18 may also be considered.
The latest dividend of $0.3850 per share was paid out, remained unchanged from last year’s $0.3850. On Thursday October 28 2021, a $0.0350 dividend increase was announced.
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.28, and the total debt-to-equity ratio was 0.32. In the year ended March 30, operating margins totaled 15.00%. Based on annual data, HIG earned $2.9 billion in gross profit and brought in $22.39 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.60%. Return on equity (ROE) for the past 12 months was 14.80%.
In The Hartford Financial Services Group Inc.’s quarter-end financial report for March 30, it reported total debt of $4.35 billion. HIG’s revenue rose 1.74% to $5.82 billion during the quarter, while net income inched up to $5.39 billion. While analysts expected The Hartford Financial Services Group Inc. to report $1.54 quarterly earnings, the actual figure was $1.66 per share, beating the consensus estimate by 7.80%. The value of shareholders’ equity is $328.87 million.
This quick technical analysis looks at The Hartford Financial Services Group Inc.’s (HIG) price momentum. With a historical volatility rate of 25.17%, the RSI 9-day stood at 39.38% on 13 May.
With respect to its five-day moving average, the current The Hartford Financial Services Group Inc. price is down by -3.55% percent or -$2.56. At present, HIG shares trade -7.20% below its 20-day simple moving average and +5.22% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.40% above its SMA50 and +10.03% above its SMA200.
Stochastic coefficient K was 20.98% and Stochastic coefficient D was 21.51%, while ATR was 1.94. Given the Stochastic reading of 23.72% for the 14-day period, the RSI (14) reading has been calculated as 42.42%. As of today, the MACD Oscillator reading stands at -1.33, while the 14-day reading stands at -1.13.
Goldman launched its rating on The Hartford Financial Services Group Inc. (NYSE: HIG) to a Buy in a note to investors on November 23, 2021. The Hartford Financial Services Group Inc. (HIG) has been rated Overweight by analysts. According to 0 brokerage firms , HIG is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate The Hartford Financial Services Group Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $85.00, the current consensus forecast for the stock is $74.00 – $101.00. Based on these forecasts, analysts predict The Hartford Financial Services Group Inc. (HIG) will achieve an average price target of $84.29.