Hartford Financial Services Group (NYSE:HIG) declared a quarterly dividend on Thursday, October 24th, AR Network reports. Shareholders of record on Monday, December 2nd will be given a dividend of 0.15 per share on Thursday, January 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Wednesday, November 27th.
HIG has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Hartford Financial Services Group from $32.00 to $36.00 in a research note to investors on Wednesday, October 30th. They now have a “sector perform” rating on the stock. On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of Hartford Financial Services Group from $34.00 to $36.00 in a research note to investors on Wednesday, October 30th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Hartford Financial Services Group in a research note to investors on Tuesday, October 29th. They now have a $36.00 price target on the stock. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.81.
Shares of Hartford Financial Services Group (NYSE:HIG) traded up 0.92% on Thursday, hitting $36.05. The stock had a trading volume of 5,134,270 shares. Hartford Financial Services Group has a 52-week low of $20.81 and a 52-week high of $36.20. The stock has a 50-day moving average of $34.16 and a 200-day moving average of $31.72. The company’s market cap is $16.117 billion. Hartford Financial Services Group also was the recipient of some unusual options trading on Tuesday. Stock traders purchased 31,233 call options on the stock. This is an increase of 805% compared to the typical daily volume of 3,450 call options.
Hartford Financial Services Group (NYSE:HIG) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $1.03 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.26. During the same quarter last year, the company posted $0.87 earnings per share. Analysts expect that Hartford Financial Services Group will post $3.48 EPS for the current fiscal year.
Hartford Financial Services Group Inc, formerly The Hartford Financial Services Group, Inc, is an insurance and financial services company.
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