Hartford Financial Services Group Inc (HIG): Today's Featured Insurance Winner

Hartford Financial Services Group was a winner within the insurance industry, rising $0.40 (1.3%) to $32.21 on light volume
By TheStreet Wire ,

Hartford Financial Services Group

(

HIG

) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.5%. By the end of trading, Hartford Financial Services Group rose $0.40 (1.3%) to $32.21 on light volume. Throughout the day, 3,232,271 shares of Hartford Financial Services Group exchanged hands as compared to its average daily volume of 5,859,100 shares. The stock ranged in a price between $31.76-$32.23 after having opened the day at $31.78 as compared to the previous trading day's close of $31.81. Other companies within the Insurance industry that increased today were:

Stewart Information Services

(

STC

), up 4.8%,

Life Partners Holdings

(

LPHI

), up 4.7%,

Global Indemnity

(

GBLI

), up 4.1% and

Genworth Financial

(

GNW

), up 2.7%.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers primarily in the United States and Japan. Hartford Financial Services Group has a market cap of $14.5 billion and is part of the financial sector. Shares are up 41.6% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Hartford Financial Services Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Hartford Financial Services Group as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share.

On the negative front,

Unico American Corporation

(

UNAM

), down 7.4%,

American Independence Corporation

(

AMIC

), down 6.0%,

Triple-S Management Corporation

(

GTS

), down 5.0% and

China Life Insurance

(

LFC

), down 3.9%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF

(

KIE

) while those bearish on the insurance industry could consider

Proshares Short Financials

(

SEF

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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