Hartford Financial Services
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
149% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 55
21% more call options, than puts
Call options by funds: $78.4M | Put options by funds: $65M
11% more capital invested
Capital invested by funds: $28.4B [Q2] → $31.5B (+$3.15B) [Q3]
8% more funds holding
Funds holding: 912 [Q2] → 985 (+73) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 338
3.62% less ownership
Funds ownership: 95.36% [Q2] → 91.75% (-3.62%) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$125
12%
upside
Avg. target
$134
20%
upside
High target
$141
26%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target | 16%upside $130 | Overweight Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target | 24%upside $139 | Outperform Maintained | 10 Jan 2025 |
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target | 21%upside $135 | Overweight Upgraded | 6 Jan 2025 |
BMO Capital Michael Zaremski 69% 1-year accuracy 18 / 26 met price target | 26%upside $141 | Market Perform Maintained | 27 Nov 2024 |
JP Morgan Jimmy Bhullar 51% 1-year accuracy 19 / 37 met price target | 12%upside $125 | Neutral Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 6 articles about HIG published over the past 30 days
Negative
Seeking Alpha
4 days ago
Insurance Fallout Of The California Fires
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising prices, being more selective in underwriting, or exiting high-risk markets like California due to severe losses and regulatory constraints. The recent LA wildfires are expected to be the costliest in U.S. history, significantly impacting insurers, especially Mercury General, due to its high concentration in California.
Neutral
Business Wire
1 week ago
The Hartford Announces Appointment Of A. Morris ‘Mo' Tooker As Company President
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford appointed Tooker as the company's president. In this new role, he will add Personal Lines to his current position overseeing Small Commercial, Middle & Large Commercial and Global Specialty, as well as Enterprise Sales & Distribution and Risk Services. This will align all of the company's property-and-casualty businesses under his leadership. In addition, Tooker will also be responsible for stewarding a number of enterprise-wide initiatives.
Positive
Forbes
1 week ago
What's Happening With Hartford Stock?
Hartford Financial's stock (NYSE: HIG) has gained approximately 39% since early 2024, compared to the 23% increase in the S&P500 index over the same period. In comparison, Hartford Financial's peer Travelers (NYSE: TRV) stock was up about 30% over the same period.
Positive
Zacks Investment Research
2 weeks ago
Compelling Reasons to Hold on to Hartford Financial Stock for Now
HIG is well-poised for growth on the back of strong contribution from its Commercial Lines and Group Benefits businesses. A strong financial position enables the prudent deployment of capital.
Positive
Zacks Investment Research
3 weeks ago
5 High ROE Stocks to Buy With Markets Likely to Wrap Up on a High
DIS, LDOS, RJF, FTNT and HIG are some of the stocks with high ROE to profit from as investors await a "Santa Claus" rally to end the year on a high.
Neutral
Business Wire
1 month ago
The Hartford Declares Quarterly Dividend Of $375 Per Share Of Series G Preferred Stock
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford's Board of Directors today declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Feb. 18, 2025, to Series G preferred stock shareholders of record at the close of business on Feb. 1, 2025. About The Hartford The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its.
Positive
Zacks Investment Research
1 month ago
Hartford Financial, Workday Unite to Enhance Employee Benefit Solutions
HIG expands its partnership with Workday to enhance employee wellness solutions.
Neutral
Business Wire
1 month ago
The Hartford Expands Partnership With Workday To Provide Simpler, More Personalized Wellness Experiences
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford, a leading provider of employee benefits and absence management services, has been named a strategic Workday Wellness partner.
Positive
Zacks Investment Research
1 month ago
Hartford Financial Shares Near 52-Week High: How to Play the Stock
HIG's balance sheet strength provides the financial flexibility to pursue growth initiatives and boost shareholder value.
Positive
Zacks Investment Research
1 month ago
5 Multiline Insurers to Watch as Exposure Rises, Pricing Moderates
Better pricing, product redesigns, technological advancement and improving inflation are expected to aid multiline insurers like AIG, PRU, HIG, RDN and CNO.
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