The Hartford Financial Services Group Inc. (**HIG**) has been seeing consistent **growth**. The company's **stock position** has undoubtedly gained the attention of investors with a significant rise and has been outperforming with **Q2 2024 earnings** surpassing estimates. Notably, **CreativeOne Wealth LLC**, **Canada Pension Plan Investment Board**, and **Bessemer Group Inc.** have gained positions, while **Edgestream Partners L.P.**, **Acadian Asset Management LLC**, and **Orion Portfolio Solutions LLC** have reduced their stakes. HIG has also announced a **$3.30 billion stock buyback** resulting in a new 1-year high. Despite rising costs, the company's **commercial lines strength** has enabled it to deliver robust financials, thus escalating a rally in its stock. Notwithstanding a potential weakness signified by insiders selling US$2.9m, **JPMorgan Chase & Co.** and **Bank of America** has respectively increased and lowered HIG's price target. The **dividend payments** have been stable with the upcoming quarterly dividend of **$0.47 per share**. Overall, the company's strategic operations and strong financial performance affirm its potential in offering decent returns to its investors.
The Hartford Financial Services Group HIG News Analytics from Fri, 20 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 17:17:53 GMT -
Rating 7
- Innovation 6
- Information 10
- Rumor -3
