Todd Asset Management buys $30,543,882 stake in Hartford Financial Services Group Inc (HIG)

Hartford Financial Services Group Inc (HIG) : Todd Asset Management scooped up 94,963 additional shares in Hartford Financial Services Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 753,240 shares of Hartford Financial Services Group Inc which is valued at $30,543,882.Hartford Financial Services Group Inc makes up approximately 0.94% of Todd Asset Management’s portfolio.

Other Hedge Funds, Including , Shelton Capital Management boosted its stake in HIG in the latest quarter, The investment management firm added 11,101 additional shares and now holds a total of 20,733 shares of Hartford Financial Services Group Inc which is valued at $840,723. Hartford Financial Services Group Inc makes up approx 0.07% of Shelton Capital Management’s portfolio. First National Trust Co sold out all of its stake in HIG during the most recent quarter. The investment firm sold 4,670 shares of HIG which is valued $204,593.Partnerre Asset Management Corp reduced its stake in HIG by selling 100 shares or 3.6% in the most recent quarter. The Hedge Fund company now holds 2,680 shares of HIG which is valued at $117,223. Hartford Financial Services Group Inc makes up approx 0.06% of Partnerre Asset Management Corp’s portfolio.

Hartford Financial Services Group Inc closed down -0.31 points or -0.76% at $40.24 with 45,42,215 shares getting traded on Thursday. Post opening the session at $40.54, the shares hit an intraday low of $40.1 and an intraday high of $40.71 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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. 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 .Hartford Financial Services Group Inc was Downgraded by Wells Fargo to ” Market Perform” on May 17, 2016.

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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