Multiple financial advisories and asset management firms have increased their stake in The Hartford Financial Services Group, Inc. (HIG). Conversely, a few firms such as Principal Financial Group Inc. and State of Alaska Department of Revenue have decreased their holdings. HIG announced a quarterly dividend of $0.52 per common share, maintaining steady income for investors. Looking back, investors in HIG have observed a 110-123% escalation in share value over the past five years. However, insider trading shows some top executives have sold off a sizable amount of stock.
HIG reported strong performance in Q4 2024 Earnings Call, backed by solid growth and fundamentals. The company is seen overcoming rising costs, with positive forecasts for the stock price. They have also made significant leadership changes, appointing a new company president, and introduced a refreshed brand.
A slight decrease in core earnings was reported in Q4 2024, but was balanced with rising revenues, leading to a beat on estimates. Furthermore, it conducted a $400M sale, exiting the retirement plan business. The consistent and strong performance make HIG undervalued with high growth potential, earning 'Moderate Buy' from analysts.
The Hartford Financial Services Group HIG News Analytics from Tue, 04 Jun 2024 07:00:00 GMT to Sat, 22 Feb 2025 22:15:57 GMT - Rating 7 - Innovation 3 - Information 5 - Rumor -5
