The shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) has been pegged with a rating of Buy by Janney in its latest research note that was published on December 4th, 2018. Janney wasn’t the only research firm that published a report of The Hartford Financial Services Group, Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on October 9th, 2018, to Buy the HIG stock. The stock had earned Buy rating from B. Riley FBR when it published its report on September 24th, 2018. That day the B. Riley FBR set price target on the stock to $60. The stock was given Buy rating by Sandler O’Neill in its report released on September 10th, 2018, the day when the price target on the stock was placed at $60. Credit Suisse was of a view that HIG is Neutral in its latest report on August 7th, 2018. Evercore ISI thinks that HIG is worth In-line rating. This was contained in the firm’s report on June 7th, 2018 in which the stock’s price target was also moved to $57.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 10 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $58.24. The price of the stock the last time has raised by 33.72% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 68.86.
The shares of the company added by 1.08% during the trading session on Wednesday, reaching a low of $53.62 while ending the day at $54.21. During the trading session, a total of 2.93 million shares were traded which represents a -50.91% decline from the average session volume which is 1.94M shares. HIG had ended its last session trading at 53.63. The Hartford Financial Services Group, Inc. currently has a market cap of $19.60B, while its P/E ratio stands at 12.04, while its P/E earnings growth sits at 1.02, with a beta of 0.71. The Hartford Financial Services Group, Inc. debt-to-equity ratio currently stands at 0.30, while its quick ratio hovers at . HIG 52-week low price stands at $40.54 while its 52-week high price is $54.10.
The company in its last quarterly report recorded $1.39 earnings per share which is above the $1.24 predicted by most analysts. The The Hartford Financial Services Group, Inc. generated $4,940.00 million in revenue during the last quarter, which is slightly higher than the $4,803.36 million predicted by analysts. In the second quarter last year, the firm recorded $0.78 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 43.88%. The Hartford Financial Services Group, Inc. has the potential to record 4.50 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Guggenheim published a research note on March 4th, 2019 where it informed investors and clients that Worldpay, Inc. (NYSE:WP) is now rated as Neutral. BofA/Merrill also rated WP as Upgrade on October 9th, 2018, with its price target of $70 suggesting that WP could down by -0.38% from its current share price. Even though the stock has been trading at $121.57/share, analysts expect it to surge higher by 0.67% to reach $121.92/share. It started the day trading at $123.14 and traded between $121.01 and $122.38 throughout the trading session.
A look at its technical shows that WP’s 50-day SMA is 113.59 while its 200-day SMA stands at 95.11. The stock has a high of $122.50 for the year while the low is $70.41. The company’s P/E ratio currently sits at 257.10, while the P/B ratio is 3.49. At the moment, only of Worldpay, Inc. shares were sold short. The company’s average trading volume currently stands at 3.89M shares, which means that the short-interest ratio is just 1.23 days. Over the past seven days, the company moved, with its shift of 2.96%. Looking further, the stock has raised 38.72% over the past 90 days while it gained 49.19% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc sold more WP shares, decreasing its portfolio by -9.58% during the last quarter. This move now sees T Rowe Price Associates Inc selling -2,978,679 shares in the last quarter, thus it now holds 28,118,631 shares of WP, with a total valuation of $3,295,784,740. The Vanguard Group Inc meanwhile bought more WP shares in the recently filed quarter, changing its stake to $3,124,750,853 worth of shares. Capital Research Management Co followed the path by decreasing its WP portfolio by -1.19% in the quarter. This means that Capital Research Management Co sold -290,796 shares in the last quarter and now controls 24,163,622 shares of the WP stock, with the valuation hitting $2,832,218,135.
Similarly, Artisan Partners LP increased its Worldpay, Inc. shares by +20.45% during the recently filed quarter. After buying 1,474,881 shares in the last quarter, the firm now controls 8,686,793 shares of Worldpay, Inc. which are valued at $1,018,179,008. In the same vein, Canada Pension Plan Investment Bo decreased its Worldpay, Inc. shares by during the most recent reported quarter. The firm sold -1,985,513 shares during the quarter which decreased its stakes to 5,894,160 shares and is now valued at $690,854,494. Following these latest developments, around 0.40% of Worldpay, Inc. stocks are owned by institutional investors and hedge funds.