Large Outflow of Money Witnessed in Hartford Financial Services Group (The)

Hartford Financial Services Group (The) (NYSE:HIG) managed to stay afloat and traded higher with an addition of 0.3 point or 0.69% at $44.07. The money flow data is a negative $(-8.12) million with $14.44 million in upticks and $22.56 million in downticks. The intraday up/down ratio came in at 0.64. The shares have seen -0.56% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $7.84, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-7.84) million.


Currently the company Insiders own 1.23% of Hartford Financial Services Group (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 5.13% . Institutional Investors own 91.68% of Hartford Financial Services Group (The) shares. During last six month period, the net percent change held by insiders has seen a change of 6.84%. On the companys insider trading activities, Renyi Thomas A, director of Hartford Financial Services Group Inc/De had purchased 1,965 shares on June 6, 2016 in a transaction. The price per share was $44.62 and the total amount of the disclosed transaction was $87,678.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Hartford Financial Services Group (The) (NYSE:HIG) : On Monday heightened volatility was witnessed in Hartford Financial Services Group (The) (NYSE:HIG) which led to swings in the share price. The stock opened for trading at $43.69 and hit $44.415 on the upside , eventually ending the session at $44.07, with a gain of 0.69% or 0.3 points. The heightened volatility saw the trading volume jump to 2,501,990 shares. The 52-week high of the share price is $50.95 and the company has a market cap of $17,336 million. The 52-week low of the share price is at $36.54 .

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Wells Fargo downgrades its outlook on Hartford Financial Services Group (The) (NYSE:HIG). The current rating of the shares is Market Perform, according to the research report released by the firm. Previously, the company had a rating of Outperform. The rating by the firm was issued on May 17, 2016.

The Hartford Financial Services Group, Inc. (The Hartford) is an insurance and financial services holding company. The Hartford is a provider of property and casualty insurance and group life and disability products to individual and business customers in the United States of America. It is also a provider of mutual funds to investors and additionally, The Hartford manages life and annuity products. The Hartford conducts business principally in six segments, including Commercial Lines (formerly Property & Casualty Commercial), Personal Lines (formerly Consumer Markets), Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution, as well as a Corporate category. The Hartford includes in its Corporate category the Companys debt financing and related interest expense, as well as other capital raising activities, and purchase accounting adjustments related to goodwill and other expenses not allocated to other segments.

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