HIG (Hartford Financial Services Group Inc.) dropped -0.27 at the last close: Is This Today’s Most Popular Stock?

Hartford Financial Services Group Inc. (NYSE: HIG) kicked off on Friday, down -0.27% from the previous trading day, before settling in for the closing price of $122.33. Over the past 52 weeks, HIG has traded in a range of $68.92-$123.23.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 5.40%. While this was happening, its average annual earnings per share was recorded 13.12%. With a float of $292.01 million, this company’s outstanding shares have now reached $298.47 million.

Considering the fact that the conglomerate employs 18700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 85.11%, operating margin of 14.73%, and the pretax margin is 14.08%.

Hartford Financial Services Group Inc. (HIG) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Hartford Financial Services Group Inc. is 0.34%, while institutional ownership is 94.21%. The most recent insider transaction that took place on Jul 31 ’24, was worth 428,522. In this transaction Executive Vice President of this company sold 3,855 shares at a rate of $111.16, taking the stock ownership to the 11,072 shares. Before that another transaction happened on Jul 31 ’24, when Company’s EVP & Chief Risk Officer sold 13,185 for $110.94, making the entire transaction worth $1,462,780. This insider now owns 25,071 shares in total.

Hartford Financial Services Group Inc. (HIG) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 13.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.07% during the next five years compared to 12.66% growth over the previous five years of trading.

Hartford Financial Services Group Inc. (NYSE: HIG) Trading Performance Indicators

Take a look at Hartford Financial Services Group Inc.’s (HIG) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.40. Likewise, its price to free cash flow for the trailing twelve months is 6.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.51, a number that is poised to hit 2.54 in the next quarter and is forecasted to reach 11.55 in one year’s time.

Technical Analysis of Hartford Financial Services Group Inc. (HIG)

Compared to the last year’s volume of 1.6 million, its volume of 1.39 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.41%. Additionally, its Average True Range was 2.03.

During the past 100 days, Hartford Financial Services Group Inc.’s (HIG) raw stochastic average was set at 95.09%, which indicates a significant increase from 87.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.97% in the past 14 days, which was lower than the 20.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $115.18, while its 200-day Moving Average is $102.10. Nevertheless, the first resistance level for the watch stands at $122.55 in the near term. At $123.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $123.86. If the price goes on to break the first support level at $121.24, it is likely to go to the next support level at $120.47. Now, if the price goes above the second support level, the third support stands at $119.93.

Hartford Financial Services Group Inc. (NYSE: HIG) Key Stats

The company with the Market Capitalisation of 35.75 billion has total of 295,755K Shares Outstanding. Its annual sales at the moment are 24,527 M in contrast with the sum of 2,504 M annual income. Company’s last quarter sales were recorded 6,486 M and last quarter income was 738,000 K.