Milestone Group adds Hartford Financial Services Group Inc (HIG) to its portfolio

Hartford Financial Services Group Inc (HIG) : Milestone Group added new position in Hartford Financial Services Group Inc during the most recent quarter end. The investment management firm now holds 30,000 shares of Hartford Financial Services Group Inc which is valued at $1,202,700 , the company said in a statement filed on Aug 10, 2016 with the SEC.Hartford Financial Services Group Inc makes up approximately 0.18% of Milestone Group’s portfolio.

Other Hedge Funds, Including , Blackrock Japan Ltd reduced its stake in HIG by selling 12,400 shares or 1.58% in the most recent quarter. The Hedge Fund company now holds 770,955 shares of HIG which is valued at $30,907,586. Hartford Financial Services Group Inc makes up approx 0.11% of Blackrock Japan Ltd’s portfolio.Janney Montgomery Scott boosted its stake in HIG in the latest quarter, The investment management firm added 22,105 additional shares and now holds a total of 56,091 shares of Hartford Financial Services Group Inc which is valued at $2,280,099. Hartford Financial Services Group Inc makes up approx 0.03% of Janney Montgomery Scott’s portfolio.Ftb Advisors reduced its stake in HIG by selling 99 shares or 68.75% in the most recent quarter. The Hedge Fund company now holds 45 shares of HIG which is valued at $1,793.Mraz Amerine Associates reduced its stake in HIG by selling 2,000 shares or 14.18% in the most recent quarter. The Hedge Fund company now holds 12,100 shares of HIG which is valued at $530,101. Hartford Financial Services Group Inc makes up approx 0.18% of Mraz Amerine Associates’s portfolio.

Hartford Financial Services Group Inc opened for trading at $40.03 and hit $40.33 on the upside on Friday, eventually ending the session at $40.25, with a gain of 0.07% or 0.03 points. The heightened volatility saw the trading volume jump to 25,72,201 shares. Company has a market cap of $15,535 M.

On the company’s financial health, Hartford Financial Services Group Inc reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.49 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.80. The company had revenue of $4677.00 million for the quarter, compared to analysts expectations of $4853.00 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.91 EPS.

Many Wall Street Analysts have commented on Hartford Financial Services Group Inc. Company shares were Reiterated by Mizuho on Aug 11, 2016 to “Buy”, Firm has raised the Price Target to $ 50 from a previous price target of $47 .Shares were Reiterated by FBR Capital on Aug 10, 2016 to “Outperform” and Lowered the Price Target to $ 47 from a previous price target of $50 .Shares were Reiterated by MKM Partners on Jul 29, 2016 to “Buy” and Lowered the Price Target to $ 50 from a previous price target of $55 .

The Hartford Financial Services Group Inc. (The Hartford) is an insurance and financial services holding company. The Hartford is a provider of property and casualty insurance and group life and disability products to individual and business customers in the United States of America. It is also a provider of mutual funds to investors and additionally The Hartford manages life and annuity products. The Hartford conducts business principally in six segments including Commercial Lines (formerly Property & Casualty Commercial) Personal Lines (formerly Consumer Markets) Property & Casualty Other Operations Group Benefits Mutual Funds and Talcott Resolution as well as a Corporate category. The Hartford includes in its Corporate category the Company’s debt financing and related interest expense as well as other capital raising activities and purchase accounting adjustments related to goodwill and other expenses not allocated to other segments.

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