The Hartford Financial Services Group, Inc. (NYSE:HIG) Stock Holdings Lifted by Mitsubishi UFJ Asset Management Co. Ltd. (2025)

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in The Hartford Financial Services Group, Inc. (NYSE:HIG - Free Report) by 7.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 465,691 shares of the insurance provider's stock after purchasing an additional 34,255 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.16% of The Hartford Financial Services Group worth $50,993,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. AustralianSuper Pty Ltd grew its stake in The Hartford Financial Services Group by 265.5% in the fourth quarter. AustralianSuper Pty Ltd now owns 1,213,074 shares of the insurance provider's stock worth $132,710,000 after purchasing an additional 881,224 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of The Hartford Financial Services Group by 437.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 871,318 shares of the insurance provider's stock worth $95,322,000 after acquiring an additional 709,324 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in shares of The Hartford Financial Services Group by 11,904.7% in the 4th quarter. Proficio Capital Partners LLC now owns 631,565 shares of the insurance provider's stock valued at $632,000 after acquiring an additional 626,304 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of The Hartford Financial Services Group during the 4th quarter valued at approximately $65,256,000. Finally, Nordea Investment Management AB lifted its stake in The Hartford Financial Services Group by 17.3% during the fourth quarter. Nordea Investment Management AB now owns 3,938,421 shares of the insurance provider's stock worth $430,272,000 after purchasing an additional 581,103 shares during the last quarter. Institutional investors and hedge funds own 93.42% of the company's stock.

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The Hartford Financial Services Group Price Performance

NYSE HIG traded down $0.21 on Wednesday, reaching $124.18. 315,441 shares of the stock traded hands, compared to its average volume of 1,720,497. The Hartford Financial Services Group, Inc. has a 12 month low of $94.47 and a 12 month high of $124.90. The company has a market cap of $35.44 billion, a price-to-earnings ratio of 11.99, a P/E/G ratio of 1.12 and a beta of 0.91. The firm's fifty day simple moving average is $116.00 and its 200 day simple moving average is $115.39. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.27.

The Hartford Financial Services Group (NYSE:HIG - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The insurance provider reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.26. The Hartford Financial Services Group had a return on equity of 19.55% and a net margin of 11.72%. As a group, research analysts predict that The Hartford Financial Services Group, Inc. will post 11.11 EPS for the current fiscal year.

The Hartford Financial Services Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Monday, March 3rd will be given a dividend of $0.52 per share. The ex-dividend date is Monday, March 3rd. This represents a $2.08 annualized dividend and a dividend yield of 1.68%. The Hartford Financial Services Group's dividend payout ratio (DPR) is 20.10%.

Insider Transactions at The Hartford Financial Services Group

In other news, EVP Robert W. Paiano sold 13,138 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $117.20, for a total transaction of $1,539,773.60. Following the completion of the sale, the executive vice president now directly owns 31,678 shares of the company's stock, valued at $3,712,661.60. This trade represents a 29.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Christopher Swift sold 98,061 shares of The Hartford Financial Services Group stock in a transaction on Monday, March 17th. The stock was sold at an average price of $120.39, for a total value of $11,805,563.79. Following the completion of the transaction, the chief executive officer now owns 211,082 shares in the company, valued at $25,412,161.98. The trade was a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HIG. Raymond James raised their target price on shares of The Hartford Financial Services Group from $125.00 to $135.00 and gave the stock an "outperform" rating in a report on Monday. Royal Bank of Canada reissued a "sector perform" rating and issued a $125.00 price target on shares of The Hartford Financial Services Group in a report on Monday, February 3rd. Keefe, Bruyette & Woods upped their price objective on The Hartford Financial Services Group from $139.00 to $140.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Barclays raised The Hartford Financial Services Group from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $130.00 to $135.00 in a research report on Monday, January 6th. Finally, Wells Fargo & Company reduced their price target on shares of The Hartford Financial Services Group from $130.00 to $126.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $124.61.

Check Out Our Latest Report on The Hartford Financial Services Group

The Hartford Financial Services Group Company Profile

(Free Report)

The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.

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The Hartford Financial Services Group, Inc. (NYSE:HIG) Stock Holdings Lifted by Mitsubishi UFJ Asset Management Co. Ltd. (1)

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The Hartford Financial Services Group, Inc. (NYSE:HIG) Stock Holdings Lifted by Mitsubishi UFJ Asset Management Co. Ltd. (2025)
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