The Hartford Financial Services Group (HIG) shareholders saw a
15% CAGR over the last five years. Different investment firms and advisors such as Ceredex Value Advisors LLC, abrdn Plc, Mirae Asset Global Investments Co. Ltd, and Swedbank AB have all increased their stake in HIG. The third quarter of 2024 was highlighted with strong growth despite challenges with
revenues beating expectations, and EPS in line. The insurance company has been forecasted with
positive financial prospects, contributing to the rise in its stock, boasting a
126% return over the past five years. Insiders' sales of US$3.1m worth of shares seems to suggest some hesitancy. The
auto insurance rates surge is also being evaluated for its effects on the company's performance. Announcements have been made about the increase of HIG’s dividend to
$0.52 per share. Analyst upgrades and positive earnings results continue to push for a bullish trend. However, the company also saw a large decline in short interest recently, prompting mixed speculations among investors.
The Hartford Financial Services Group HIG News Analytics from Sun, 25 Mar 2012 07:00:00 GMT to Sat, 02 Nov 2024 13:43:01 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 4