Home Sectors Financial Services Present Trend: Hartford Financial Services Group (NYSE: HIG)

Present Trend: Hartford Financial Services Group (NYSE: HIG)


Hartford Financial Services Group trades as part of the financial services sector and insurance industry. The company CEO is Christopher J. Swift. Hartford Financial Services Group Inc provides insurance and financial services to individual and business customers in the United States.

Previous Intraday Trading Performance:

The HIG stock showed a previous change of 0.02% with an open at 48.69 and a close of 48.82. It reached an intraday high of 49.21 and a low of 48.69.

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The stock has a market cap of $17.5b with 359.5m shares outstanding, of which the float is 357.7m shares. Trading volume reached 3,855,415 shares compared to its average volume of 2,200,157 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Hartford Financial Services Group shares returned 1.29% and in the past 30 trading days it returned 4.46%. Over three months, it changed 17.54%. In one year it has changed -7.11% and within that year its 52-week high was 55.16 and its 52-week low was 40.54. HIG stock is 20.42% above its 52 Week Low.

Our calculations show a 200 day moving average of 47.92 and a 50 day moving average of 47.05. Currently HIG stock is trading 1.88% above its 200 day moving average and may be a good opportunity to buy.

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The last annual fiscal EPS for the company was reported at 4.96 that ended on 31st of December 2018, which according to the previous close, that is a PE of 9.84. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.65. The TTM EPS is 4.33, which comes to a TTM PE of 11.27.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.78
09-30-2018:  1.15
06-30-2018:  1.13
03-31-2018:  1.27

The dividend per share is currently 1.20, which is a dividend yield of 2.46%. Also, the payout ratio is 27.71%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 73.29, which means it is possibly undervalued and has a margin of safety of 33.39%

Indicators to Watch:

Based on the latest filings, there is 0.50% of insider ownership and 145.00% of institutional ownership. Short-interest is 3,030,285, which is 0.84% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.35. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.72

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.72%, return on assets is 1.25%, profit margin is 9.53%, price-to-sales is 0.93 and price-to-book is 1.37.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.