The
Hartford Insurance Group (NYSE:HIG) is experiencing a series of share transactions with prominent institutions altering their holdings. Entities such as DnB Asset Management, Retirement Planning Co of New England Inc., and New Vernon Investment Management LLC have increased their holdings, signaling confidence in HIG. However, several other bodies like The Manufacturers Life Insurance Company, AQR Capital Management, and Federation des caisses Desjardins du Quebec have trimmed their holdings. Amidst varied actions, some analysts stand firmly by their positive outlook on the company, with Piper Sandler asserting a
'Buy' rating, and UBS upgrading HIG's Price Target (PT) to $150 following positive P&C model update. The firm has added key executives with Vlad Stojanovic appointed as Head Of Enterprise Strategy, and Prateek Chhabra named as Chief Risk Officer. The Insurance giant reported a rise in profit for Q2, beating earnings per share expectations, which led to an increase in stock price. However, there has been a fall in profit linked to California wildfire losses. Some investors remain guarded due to valuation hurdles and mixed signals in a volatile market, the dominant market sentiment appears bullish for the insurance firm
The Hartford Financial Services Group HIG News Analytics from Tue, 17 Dec 2024 08:00:00 GMT to Sat, 06 Sep 2025 21:45:46 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -4
