Today, a Director at Hartford Financial (HIG), Julie Richardson, bought shares of HIG for $207.2K.
Following this transaction Julie Richardson’s holding in the company was increased by 13.26% to a total of $1.77 million. Following Julie Richardson’s last HIG Buy transaction on May 07, 2014, the stock climbed by 9.1%.
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Based on Hartford Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $4.8 billion and quarterly net profit of $443 million. In comparison, last year the company earned revenue of $4.62 billion and had a net profit of $234 million. HIG’s market cap is $14.85B and the company has a P/E ratio of 15.79. Currently, Hartford Financial has an average volume of 3.04M.
Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $57.89, reflecting a 40.1% upside. Eight different firms, including B.Riley FBR and Merrill Lynch, currently also have a Buy rating on the stock.
Julie Richardson’s trades have generated a 23.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans.