Hartford Finl Svcs Group (HIG) Shareholder Alpine Woods Capital Investors Lowered Stake by $330,000 as Market Valuation Rose; As United Parcel Svc (UPS) Stock Declined, Keystone Financial Planning Lifted by $468,240 Its Holding

February 17, 2018 - By Ellis Scott

Alpine Woods Capital Investors Llc decreased its stake in Hartford Finl Svcs Group Inc (HIG) by 22.22% based on its latest 2017Q3 regulatory filing with the SEC. Alpine Woods Capital Investors Llc sold 6,000 shares as the company’s stock rose 0.12% with the market. The institutional investor held 21,000 shares of the finance company at the end of 2017Q3, valued at $1.16 million, down from 27,000 at the end of the previous reported quarter. Alpine Woods Capital Investors Llc who had been investing in Hartford Finl Svcs Group Inc for a number of months, seems to be less bullish one the $19.32 billion market cap company. The stock decreased 0.59% or $0.32 during the last trading session, reaching $54.14. About 3.75 million shares traded or 58.02% up from the average. The Hartford Financial Services Group, Inc. (NYSE:HIG) has risen 9.92% since February 17, 2017 and is uptrending. It has underperformed by 6.78% the S&P500.

Keystone Financial Planning Inc increased its stake in United Parcel Svc (UPS) by 77.92% based on its latest 2017Q3 regulatory filing with the SEC. Keystone Financial Planning Inc bought 3,902 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 8,910 shares of the transportation company at the end of 2017Q3, valued at $1.07M, up from 5,008 at the end of the previous reported quarter. Keystone Financial Planning Inc who had been investing in United Parcel Svc for a number of months, seems to be bullish on the $91.40B market cap company. The stock decreased 0.93% or $1 during the last trading session, reaching $106.4. About 6.12M shares traded or 44.34% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since February 17, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.08, from 0.75 in 2017Q2. It increased, as 40 investors sold HIG shares while 210 reduced holdings. 63 funds opened positions while 144 raised stakes. 310.47 million shares or 1.93% less from 316.59 million shares in 2017Q2 were reported. Jpmorgan Chase And Communication accumulated 25.42M shares. Systematic Mgmt Lp invested in 500,327 shares or 0.56% of the stock. The Ohio-based North Point Portfolio Managers Oh has invested 2.62% in The Hartford Financial Services Group, Inc. (NYSE:HIG). Contravisory Inv Mngmt accumulated 0% or 12 shares. Pillar Pacific Mgmt Ltd Limited Liability Company owns 6,400 shares for 0.05% of their portfolio. Toronto Dominion Comml Bank invested in 138,995 shares. Nuveen Asset Management Ltd Liability has 0% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 9,810 shares. James Invest Research accumulated 29,900 shares. Alpine Woods Capital Invsts Ltd Liability Com has 0.06% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 21,000 shares. Everence Cap Mngmt reported 9,080 shares stake. Gamble Jones Investment Counsel has invested 0.03% in The Hartford Financial Services Group, Inc. (NYSE:HIG). 175,777 are held by Nomura Holdings Inc. Riverhead Ltd Liability Corporation has invested 0.34% in The Hartford Financial Services Group, Inc. (NYSE:HIG). Rampart Company stated it has 4,527 shares. Prudential Pcl has invested 0.7% in The Hartford Financial Services Group, Inc. (NYSE:HIG).

Alpine Woods Capital Investors Llc, which manages about $4.50 billion and $1.96B US Long portfolio, upped its stake in Acuity Brands Inc (NYSE:AYI) by 2,000 shares to 7,000 shares, valued at $1.20M in 2017Q3, according to the filing. It also increased its holding in Two Hbrs Invt Corp (NYSE:TWO) by 530,000 shares in the quarter, for a total of 1.73 million shares, and has risen its stake in Bp Plc (NYSE:BP).

Among 18 analysts covering Hartford Financial (NYSE:HIG), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Hartford Financial had 48 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, November 18 by Argus Research. The stock has “Neutral” rating by Credit Suisse on Friday, January 6. Mizuho maintained the stock with “Buy” rating in Thursday, August 11 report. The firm earned “Hold” rating on Thursday, March 30 by Wells Fargo. The firm has “Neutral” rating given on Wednesday, October 28 by Atlantic Securities. On Monday, October 16 the stock rating was maintained by Barclays Capital with “Overweight”. The company was initiated on Monday, September 11 by Buckingham Research. Barclays Capital maintained The Hartford Financial Services Group, Inc. (NYSE:HIG) rating on Friday, August 11. Barclays Capital has “Overweight” rating and $61 target. UBS maintained it with “Buy” rating and $55 target in Wednesday, August 19 report. As per Thursday, July 27, the company rating was maintained by Keefe Bruyette & Woods.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. United Parcel Service had 66 analyst reports since July 29, 2015 according to SRatingsIntel. Zacks upgraded it to “Hold” rating and $107 target in Tuesday, August 25 report. The firm has “Buy” rating by S&P Research given on Tuesday, September 22. The firm has “Hold” rating by Robert W. Baird given on Thursday, October 5. The company was maintained on Monday, August 21 by Cowen & Co. Edward Jones upgraded the shares of UPS in report on Friday, February 16 to “Buy” rating. Robert W. Baird maintained it with “Hold” rating and $119.0 target in Sunday, February 11 report. The rating was maintained by Susquehanna on Thursday, February 1 with “Hold”. The stock has “Hold” rating by Stifel Nicolaus on Thursday, July 27. Loop Capital initiated United Parcel Service, Inc. (NYSE:UPS) on Tuesday, December 20 with “Hold” rating. The firm has “Neutral” rating given on Wednesday, February 22 by Bank of America.

Keystone Financial Planning Inc, which manages about $143.92M and $176.35M US Long portfolio, decreased its stake in Abb Ltd (NYSE:ABB) by 19,847 shares to 109,809 shares, valued at $2.72 million in 2017Q3, according to the filing.

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