There has been a considerable activity around The Hartford Insurance Group, Inc. (NYSE:HIG). Harrison's claim that Hartford gains a competitive advantage in the insurance industry due to its strong financial prospects raises the question of whether this is what's driving the stock's recent performance. The company’s trading volume experienced a significant 203.84% increase, boosting its market activity ranking to 294th. This attention has caught the eye of not only UBS, which has upgraded the firm's PT to $150 after a positive P&C model update, but also Citigroup, which has initiated its coverage on HIG with a neutral rating and a price target of $138.
Several significant trades also took place. For instance, National Pension Service increased its holdings, while Savvy Advisors Inc, Nuveen LLC, and others invested in Hartford. However, others, such as Gulf International Bank UK Ltd, Mizuho Securities USA LLC, Invesco Ltd., and others, reduced their holdings. The majority of analysts still give Hartford a 'moderate buy' rating. Furthermore, recent earnings have exceeded expectations, further fuelling confidence among investors.
The Hartford Financial Services Group HIG News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 16 Aug 2025 09:34:11 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -4
