This Morning's Technical Outlook on Insurance Stocks — Loews, Allstate, Hartford Financial Services, and Validus

NEW YORK, Feb. 23, 2018 /PRNewswire/ — WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on L, ALL, HIG, and VR which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com revisits the Property and Casualty Insurance industry, which consists of companies that are engaged in insurance underwriting, and carriers of property, fire, marine, auto, title, professional liability, funeral, bonding, fidelity, and other surety policies. Four stocks have been lined up this morning for evaluation, and they are: Loews Corp. (NYSE: L), The Allstate Corp. (NYSE: ALL), The Hartford Financial Services Group Inc. (NYSE: HIG), and Validus Holdings Ltd (NYSE: VR). All you have to do is sign up today for this free limited time offer by clicking the link below.

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Loews

New York headquartered Loews Corp.’s shares declined slightly by 0.30%, closing Thursday’s trading session at $49.60. The stock recorded a trading volume of 1.65 million shares, which was above its three months average volume of 1.27 million shares. The Company’s shares have advanced 0.51% over the previous three months and 5.26% over the past year. The stock is trading 2.15% above its 200-day moving average. Additionally, shares of Loews, which through its subsidiaries, provides commercial property and casualty insurance in the US, Canada, the UK, Continental Europe, and Singapore, have a Relative Strength Index (RSI) of 48.47. 

On February 13th, 2018, Loews announced the declaration of the Company’s quarterly dividend of $0.0625 per share of common stock, payable on March 13th, 2018 to shareholders of record as of the close of business on February 28th, 2018. Get the full research report on L 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 2.47 million shares, which was above their three months average volume of 2.35 million shares. The stock declined slightly by 0.65%, ending the day at $92.80. The Company’s shares have advanced 15.17% over the past year. The stock is trading below its 200-day moving average by 1.08%. Furthermore, shares of Allstate have an RSI of 37.19. 

On February 07th, 2018, Allstate announced that its Board of Directors has approved a quarterly dividend of $0.46 on each outstanding share of the Corporation’s common stock, payable in cash on April 02nd, 2018, to stockholders of record at the close of business on March 05th, 2018. This represents a 24% increase from the dividend declared in the previous quarter.

On February 21st, 2018, research firm Morgan Stanley reiterated its ‘Equal-Weight’ rating on the Company’s stock with a decrease of the target price from $113 a share to $105 a share. ALL’s complimentary research coverage is a few simple steps away at:

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Hartford Financial Services Group

Connecticut headquartered The Hartford Financial Services Group Inc.’s stock finished the day 1.35% lower at $53.22 with a total trading volume of 2.36 million shares. The Company’s shares have advanced 9.30% over the past year. The stock is trading below its 200-day moving average by 1.99%. 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 36.07. 

On February 12th, 2018, Hartford (HIG), which is the brand name of Hartford Financial Services Group, has been named one of the World’s Most Ethical Companies® for the tenth time, as designated by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. HIG is one of two Property and Casualty Insurance companies to receive the designation this year. 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 flat at $67.52. The stock recorded a trading volume of 1.81 million shares. The Company’s shares have advanced 0.03% in the last month, 37.49% over the previous three months, and 16.94% over the past year. The stock is trading 21.06% and 29.20% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Validus have an RSI of 83.96. 

On February 07th, 2018, Validus Holdings announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per common share, payable on March 29th, 2018, to shareholders of record on March 15th, 2018. The Board also declared cash dividends on the Company’s Series A 5.875% Preferred Shares and Series B 5.800% Preferred Shares of $0.3671875 and $0.3625000 per depositary share, respectively. The Series A and Series B Preferred Share dividends are payable on March 15th, 2018, to shareholders of record on March 01st, 2018.

On February 13th, 2018, research firm Buckingham Research downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’. Wall St. Equities’ downloadable research report on VR available at:

www.wallstequities.com/registration/?symbol=VR


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