Hartford Financial ServicesHIG
Market Cap: $33.9B
About: The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Employees: 18,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more call options, than puts
Call options by funds: $81.2M | Put options by funds: $68.9M
6% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 81
1% more funds holding
Funds holding: 899 [Q1] → 904 (+5) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
0.27% less ownership
Funds ownership: 91.58% [Q1] → 91.31% (-0.27%) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 329
3% less capital invested
Capital invested by funds: $28B [Q1] → $27.2B (-$861M) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target | 14%upside $130 | Equal-Weight Initiated | 4 Sept 2024 |
Keefe, Bruyette & Woods Meyer Shields 79% 1-year accuracy 62 / 78 met price target | 16%upside $133 | Outperform Maintained | 1 Aug 2024 |
RBC Capital Scott Heleniak 94% 1-year accuracy 45 / 48 met price target | 0%upside $115 | Sector Perform Maintained | 29 Jul 2024 |
Piper Sandler Paul Newsome 89% 1-year accuracy 50 / 56 met price target | 9%upside $125 | Overweight Maintained | 29 Jul 2024 |
B of A Securities Joshua Shanker 56% 1-year accuracy 20 / 36 met price target | 3%downside $111 | Buy Maintained | 11 Jul 2024 |