There has been a significant flurry of activity centered on the Hartford Financial Services Group, Inc. (HIG). Multiple entities, including Daiwa Securities Group Inc., Great Lakes Advisors LLC, Proficio Capital Partners LLC, and Jupiter Asset Management Ltd. among others, have increased their shareholdings in HIG. However, not all have followed suit; for instance, Tredje AP fonden and Verdence Capital Advisors LLC offloaded their HIG stocks. Prominent organizations like StockNews.com revised the company's rating upward to a 'buy'.
On the executive front, the company's EVP, Robert W. Paiano sold a significant number of HIG shares, while a new President has been appointed. The firm also shows strong growth in Q3 and Q4 of 2024. It announced dividends for common and preferred stockholders, with a hint of a potential increase in future. However, the company’s insiders also sold a significant amount of stock valued at US$2.8m, which alongside lowered stock rating by StockNews.com, might be a sign of a bearish future.
HIG received an average price target of $122.00 from analysts, indicating potential for growth. It's also been noticed by investors for being undervalued with high growth potential.
The Hartford Financial Services Group HIG News Analytics from Tue, 04 Jun 2024 07:00:00 GMT to Sat, 15 Mar 2025 18:22:06 GMT - Rating 5 - Innovation -4 - Information 8 - Rumor -7
