The Hartford Financial Services Group (HIG) has been in the focus of both investors and analysts recently. Coming earnings release, coverage initiation by Barclays with an equal weight recommendation, and insider selling worth
US$3.1m have caught the attention of various stakeholders. The Group’s stock is on an uptrend with robust financials leading the market sentiment. With a decrease of 9.5% in short interest,
Swedbank AB has increased its stake while CHB Investment Group LLC has purchased a new position. Meanwhile, Redhawk Wealth Advisors Inc. acquired 8,222 shares. An analyst upgrade has taken the stock to a new 1-year high, while stock holdings of Simplicity Wealth and USA Financial Formulas have decreased. The Price target has been raised by various entities, and despite concerns about rising costs, HIG is expected to offer growth and stability. Recent leadership changes and the launch of new resources have also been in the limelight, making it a good property and casualty insurance stock to consider.
Q2 2024 Earnings have been announced, showing positive growth in spite of rising costs and the company has plan a new
$100M Boulder Data Center
The Hartford Financial Services Group HIG News Analytics from Wed, 17 Apr 2013 07:00:00 GMT to Fri, 18 Oct 2024 14:07:24 GMT -
Rating 7
- Innovation -4
- Information 7
- Rumor -3
