Spire Wealth Management and others have reduced their stake in
The Hartford Financial Services Group, Inc. (HIG), selling thousands of shares. Despite these changes, there has been a notable increase in the shares performance, with those who invested five years ago seeing up to 123% growth.
HIG recently underwent a rebranding and a bold transformation, signalling a new path of growth. Other companies, such as Lecap Asset Management, Mirae Asset Global Investments, and Caprock Group, are bolstering their holdings, with a projected target price of up to $140.
The Hartford posted favorable quarterly earnings, outperforming estimates. They also welcomed a new president, while continuing to reveal strong financials that contribute to its rising stock. Despite some insider sales, Hartford's Q4 earnings have been fueled by P&C earned premiums growth. Amidst this performance, AM Best revised their credit rating outlook to positive for
HIG. Continual investment and expansion, paired with their strong, positive financial performance, have sparked investor interest. Despite some fluctuations, the company strengthen its board and has ambitious targets for the future.
The Hartford Financial Services Group HIG News Analytics from Tue, 18 Jun 2024 07:00:00 GMT to Sat, 08 Feb 2025 17:47:04 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -2
