Arlington Asset Investment Corp. (AI) Touches $11.28 Formed H&S; Hartford Financial Services Group Has 0.71 Sentiment

The Hartford Financial Services Group, Inc. (NYSE:HIG) Logo

Arlington Asset Investment Corp. (AI) formed inverse H&S with $11.62 target or 3.00% above today’s $11.28 share price. Arlington Asset Investment Corp. (AI) has $317.43M valuation. The stock increased 0.98% or $0.11 during the last trading session, reaching $11.28. About 717,014 shares traded or 24.53% up from the average. Arlington Asset Investment Corp. (NYSE:AI) has declined 23.00% since June 14, 2017 and is downtrending. It has underperformed by 35.57% the S&P500. Some Historical AI News: ; 02/05/2018 – Arlington Asset 1Q Loss/Shr $2.00; 26/04/2018 – Arlington Asset Closes Above 50-Day Moving Average: Technicals; 02/05/2018 – Arlington Asset 1Q Adj EPS 57c; 02/05/2018 – Arlington Asset Had $11.03 Per Common Share of Book Value; 23/04/2018 – DJ Arlington Asset Investment Corp Cl, Inst Holders, 1Q 2018 (AI); 13/04/2018 ARLINGTON ASSET INVESTMENT SAYS ON APRIL 13, 2018, ENTERED INTO FIRST AMENDMENT TO ITS RIGHTS AGREEMENT, DATED JUNE 5, 2009 – SEC FILING; 13/04/2018 – ARLINGTON ASSET INVESTMENT – FIRST AMENDMENT EXTENDS EXPIRATION DATE OF ‘RIGHTS,’ AS SPECIFIED IN RIGHTS AGREEMENT, UNTIL JUNE 4, 2022; 27/04/2018 – Consolidated Research: 2018 Summary Expectations for Kinsale Capital Group, K2M Group, PriceSmart, Arlington Asset Investment,

Hartford Financial Services Group Inc (HIG) investors sentiment decreased to 0.71 in 2018 Q1. It’s down -0.03, from 0.74 in 2017Q4. The ratio turned negative, as 186 investment professionals started new and increased equity positions, while 261 decreased and sold holdings in Hartford Financial Services Group Inc. The investment professionals in our database now possess: 306.29 million shares, up from 305.90 million shares in 2017Q4. Also, the number of investment professionals holding Hartford Financial Services Group Inc in top ten equity positions increased from 4 to 7 for an increase of 3. Sold All: 39 Reduced: 222 Increased: 122 New Position: 64.

Among 9 analysts covering Arlington Asset Investment (NYSE:AI), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Arlington Asset Investment has $22.50 highest and $12 lowest target. $14.50’s average target is 28.55% above currents $11.28 stock price. Arlington Asset Investment had 23 analyst reports since August 5, 2015 according to SRatingsIntel. Maxim Group maintained the shares of AI in report on Monday, July 24 with “Buy” rating. The stock of Arlington Asset Investment Corp. (NYSE:AI) has “Mkt Perform” rating given on Tuesday, December 20 by FBR Capital. The firm has “Buy” rating given on Thursday, February 8 by Maxim Group. The stock has “Neutral” rating by Ladenburg Thalmann on Wednesday, July 29. Maxim Group maintained the shares of AI in report on Wednesday, October 28 with “Buy” rating. Wunderlich maintained Arlington Asset Investment Corp. (NYSE:AI) on Wednesday, October 28 with “Hold” rating. The rating was maintained by Compass Point on Wednesday, July 29 with “Buy”. Maxim Group maintained the stock with “Buy” rating in Wednesday, January 10 report. B. Riley & Co maintained Arlington Asset Investment Corp. (NYSE:AI) rating on Friday, February 9. B. Riley & Co has “Neutral” rating and $12 target. MLV maintained the stock with “Hold” rating in Friday, July 31 report.

More recent The Hartford Financial Services Group, Inc. (NYSE:HIG) news were published by: Nasdaq.com which released: “KBW Announces Index Rebalancing for Second-Quarter 2018” on June 09, 2018. Also Seekingalpha.com published the news titled: “Tracking Ole Andreas Halvorsen’s Viking Global Portfolio – Q1 2018 Update” on May 27, 2018. 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: AT&T, Charter Communications, Comcast, Darden Restaurants, Spotify …” with publication date: June 07, 2018 was also an interesting one.

Analysts await The Hartford Financial Services Group, Inc. (NYSE:HIG) to report earnings on July, 26. They expect $1.02 EPS, down 1.92% or $0.02 from last year’s $1.04 per share. HIG’s profit will be $365.30M for 13.01 P/E if the $1.02 EPS becomes a reality. After $1.27 actual EPS reported by The Hartford Financial Services Group, Inc. for the previous quarter, Wall Street now forecasts -19.69% negative EPS growth.

The stock increased 0.19% or $0.1 during the last trading session, reaching $53.1. About 1.63M shares traded. The Hartford Financial Services Group, Inc. (HIG) has risen 6.44% since June 14, 2017 and is uptrending. It has underperformed by 6.13% the S&P500. Some Historical HIG News: ; 30/03/2018 – HARTFORD FINANCIAL SERVICES GROUP – ON MARCH 29, CO ENTERED INTO AMENDMENT TO $1 BLN FIVE-YEAR CREDIT AGREEMENT DATED OCTOBER 31, 2014 – SEC FILING; 30/03/2018 – HARTFORD FINANCIAL SERVICES GROUP-AMENDED CREDIT AGREEMENT WILL PROVIDE FOR REVOLVING LOANS AS WELL AS FOR ISSUANCE OF LETTERS OF CREDIT UP TO $750 MLN; 09/04/2018 – The Hartford Launches Admitted Cyber Liability Policy; 26/04/2018 – The Hartford Reports First Quarter 2018 Income From Continuing Operations, After Tax, Of $428 Million ($1.18 Per Diluted Share); 04/04/2018 – New Survey From The Hartford And MIT AgeLab Finds Homeowners Age 50+ Delay Home Maintenance; 09/03/2018 Hartford Financial Closes Above 200-Day Moving Average; 26/04/2018 – HARTFORD FINANCIAL SERVICES GROUP INC QTRLY EARNED PREMIUMS $3,927 MLN VS $3,438 MLN; 30/03/2018 – HARTFORD FINANCIAL SERVICES GROUP INC – AMENDMENT PROVIDES FOR REDUCTION OF COMPANY’S MINIMUM CONSOLIDATED NET WORTH FINANCIAL COVENANT TO $9 BLN; 13/03/2018 – Hartford Fincl to Enter Into Amendment In Existing Credit Pact; 26/04/2018 – The Hartford 1Q Adj EPS $1.27

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business clients in the United States. The company has market cap of $19.02 billion. It operates through six divisions: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds, and Talcott Resolution. It currently has negative earnings. The Commercial Lines segment offers workersÂ’ compensation, property, automobile, marine, livestock, liability, and umbrella insurance products, as well as customized insurance services and products, including professional liability, bond, and specialty casualty coverages.

Rr Partners Lp holds 14.81% of its portfolio in The Hartford Financial Services Group, Inc. for 3.72 million shares. New Vernon Investment Management Llc owns 116,598 shares or 7.18% of their US portfolio. Moreover, Capital Returns Management Llc has 6.12% invested in the company for 389,318 shares. The Connecticut-based Benin Management Corp has invested 3.77% in the stock. York Capital Management Global Advisors Llc, a New York-based fund reported 2.52 million shares.

Ratings analysis reveals 25% of Hartford Financial’s analysts are positive. Out of 4 Wall Street analysts rating Hartford Financial, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $47.0 while the high is $54.0. The stock’s average target of $50.50 is -4.90% below today’s ($53.1) share price. HIG was included in 4 notes of analysts from November 16, 2016. Bank of America downgraded the stock to “Neutral” rating in Wednesday, November 16 report. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) has “Neutral” rating given on Friday, January 6 by Credit Suisse. The rating was downgraded by FBR Capital to “Mkt Perform” on Monday, November 28. The firm earned “Outperform” rating on Friday, December 9 by RBC Capital Markets.

The Hartford Financial Services Group, Inc. (NYSE:HIG) Institutional Positions Chart