The Hartford Financial Services Group (HIG) has been under significant trading action with multiple investment management firms increasing and reducing their stakes. Despite some sales of HIG stocks conducted by
Wealthspire Advisors and Artemis Investment Management, other investors like
Ballentine Partners and
BI Asset Management Fondsmaeglerselskab A S acquired more shares. Meanwhile, firms like
BNP Paribas Financial Markets and
Mirae Asset Global Investments boosted their holdings in HIG.
HIG's price targets were revised by leading financial institutions including
Morgan Stanley, Bank of America, and J.P. Morgan. Notably, HIG has surpassed analyst earnings estimates for Q1 2024 and set to pay dividends. Short-term performance, including a
19% surge YTD, has caught the attention of investors. On the administrative side, Hartford announced
leadership changes and new organizational structures, moving to unite their operations and technology divisions. They're also exiting the annuity and life insurance businesses and retiring from the retirement plan business.
AM Best affirmed the credit ratings of The Hartford and its subsidiaries, while it remains one of America's most 'JUST' companies for the fifth year.
AIG's revenue model was compared to that of The Hartford.
The Hartford Financial Services Group HIG News Analytics from Mon, 25 Jun 2018 12:52:09 GMT to Mon, 15 Jul 2024 00:34:40 GMT -
Rating 8
- Innovation 2
- Information 5
- Rumor -2
