Home Financial Stock Alert: Hartford Financial Services Group Inc (NYSE:HIG)

Stock Alert: Hartford Financial Services Group Inc (NYSE:HIG)


Intraday Info: Hartford Financial Services Group Inc (NYSE:HIG) locked on 15/12/2016 at $47.97. It has average volume $2.52 million whilst it total volume $2.51M. The company has EPS 3.47 and according to analysts next quarter EPS and next year estimate EPS will 0.95 and 4.06 respectively. Profit Margin of HIG 23.70% and it total income 1.40 billion.

Ownership Summary: Hartford Financial Services Group Inc has total institutional ownership 89.52% while its total outstanding shares 378 millions that’s value of holdings $16,180 million.

Active Positions: In the latest year, HIG 221 holders have raised its positions while it contains total 39,342,648 shares. And the strength of reduced positions holders and held positions holders are 348 and 103 respectively.

New and Sold Out Positions: In HIG force of new positions holders 59 and it has total shares 8,988,085. And force of sold out positions holders 79 and it has 12,182,807 shares.

Comparison with Other Company: The Market Value of HIG is $18M below from Allstate Corporation Inc. market value which is $27M. Current Last Sale of HIG is $47.97 below from ALL current last sale which is $73.54.

The Hartford stated internet income of $438 million in third zone 2016, a lift of 15% from third zone 2015. middle income become $413 million in 1/3 quarter 2016, a lift of thirteen% from third zone 2015.

third region 2016 net profits in step with diluted share became $1.12 and core profits in line with diluted proportion changed into $1.06, will increase of 24% and 23%, respectively, evaluation with $zero.90 and $zero.86 in 0.33 sector 2015. The increases resulted from higher net earnings and center earnings assessment with 0.33 sector 2015, mixed with an eight% lower in weighted common diluted common shares first rate. for the duration of the past 4 quarters, the employer repurchased 34.5 million commonplace stocks for a complete of $1.five billion.

The Hartford declared recently that its board of directors legal a brand new $1.3 billion equity repurchase plan for common shares. the new program, that is effective Oct. 31, 2016 and expires Dec. 31, 2017, is further to the organisation’s current $4.375 billion fairness repurchase plan, which expires on Dec. 31, 2016 and has about $195 million remaining as of Oct. 26, 2016.

The board also declared a quarterly dividend of $0.23 per percentage of commonplace stock, payable on Jan. three, 2017, to shareholders of file on the near of business on Dec. 1, 2016. This represents a boost of $zero.02 in keeping with share, or 10%, over the earlier quarterly dividend.