Breakfast Technical Briefing on Hartford Financial Services Group and Three Other Additional Insurance Stocks
Stock Research Monitor: RDN, ALL, and VR
LONDON, UK / ACCESSWIRE / June 08, 2018 / If you want a free Stock Review on HIG sign up now at www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Radian Group Inc. (NYSE: RDN), The Allstate Corp. (NYSE: ALL), The Hartford Financial Services Group Inc. (NYSE: HIG), and Validus Holdings Ltd (NYSE: VR). Companies in the Property and Casualty Insurance space help protect the stuff one owns and also provide liability coverage to help protect those found legally responsible for an accident that causes injuries to another person or damage to another person’s belongings. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Radian Group
Philadelphia, Pennsylvania headquartered Radian Group Inc.’s shares gained slightly by 0.84%, closing Thursday’s trading session at $16.79. The stock recorded a trading volume of 1.15 million shares. The Company’s shares have advanced 4.03% in the last month and 2.63% over the past year. The stock is trading 2.50% above its 50-day moving average. Additionally, shares of Radian Group, which through its subsidiaries, provides mortgage and real estate products and services in the US, have a Relative Strength Index (RSI) of 62.68.
On June 05th, 2018, Radian Group announced that its board member Brian D. Montgomery was confirmed as the Commissioner of the Federal Housing Administration (FHA) and has stepped down from the Company’s Board of Directors. This will be Mr. Montgomery’s second time to serve as FHA Commissioner. Get the full research report on RDN for free by clicking below at:
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Allstate
On Thursday, shares in Northbrook, Illinois-based The Allstate Corp. recorded a trading volume of 2.03 million shares, which was above their three months average volume of 2.00 million shares. The stock rose slightly by 0.20%, ending the day at $93.20. The Company’s shares have advanced 8.54% over the past year. The stock is trading below its 50-day moving average by 2.76%. Furthermore, shares of Allstate, which together with its subsidiaries, engages in property and casualty insurance, and life insurance businesses in the US and Canada, have an RSI of 36.35.
On May 17th, 2018, Allstate announced estimated catastrophe losses for the month of April 2018 of $211 million, pre-tax ($167 million after-tax). Catastrophe losses occurring in April comprised 10 events at an estimated cost of $195 million, pre-tax, plus unfavorable reserve reestimates of prior reported catastrophe losses. Two severe wind and hail events, primarily impacting Texas and certain Southeastern states, accounted for approximately 60% of April event catastrophe losses. ALL’s complimentary research coverage is a few simple steps away at:
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Hartford Financial Services Group
Hartford, Connecticut headquartered The Hartford Financial Services Group Inc.’s stock finished the day 0.44% higher at $52.76. A total volume of 3.06 million shares was traded, which was above their three months average volume of 2.03 million shares. The Company’s shares have advanced 0.38% in the last month and 6.14% over the past year. The stock is trading above its 50-day moving average by 0.80%. Additionally, shares of the Company, which through its subsidiaries, provides insurance and financial services to individual and business customers in the US, have an RSI of 50.86.
On May 17th, 2018, the board of directors of Hartford Financial Services Group, which operates through its subsidiaries under the brand name The Hartford, declared a quarterly dividend of $0.25 per share of common stock, payable on July 02nd, 2018, to shareholders of record at the close of business on June 01st, 2018.
On June 07th, 2018, research firm Evercore ISI initiated an ‘In-line’ rating on the Company’s stock, with a target price of $57 per share. Register for your free research report on HIG at:
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Validus Holdings
Shares in Pembroke, Bermuda-based Validus Holdings Ltd ended yesterday’s session 0.04% lower at $67.85. The stock recorded a trading volume of 238,169 shares. The Company’s shares have advanced 0.35% in the last month, 0.27% over the previous three months, and 31.77% over the past year. The stock is trading 0.40% and 17.67% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Validus, which provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide, have an RSI of 62.44.
On May 24th, 2018, Talbot Underwriting Ltd, which is wholly owned by Validus Holdings, announced that Kevin Lee has joined its global Construction team as Construction Underwriter based in Singapore. Mr. Lee will be responsible for developing the construction practice in Asia/Pacific. Wall St. Equities’ downloadable research report on VR available at:
www.wallstequities.com/registration/?symbol=VR
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