Professional
Added to YB: 2024-04-12
Pitch date: 2024-04-10
HIG [bullish]
The Hartford Insurance Group, Inc.
+44.61%
current return
Author Info
No bio for this author
Company Info
The Hartford Insurance 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.
Market Cap
$31.8B
Pitch Price
$95.89
Price Target
N/A
Dividend
1.87%
EV/EBITDA
8.37
P/E
10.77
EV/Sales
1.37
Sector
Insurance
Category
value
ClearBridge Mid Cap Strategy Portfolio Holding: The Hartford Financial Services Group, Inc.
HIG: Insurance company benefiting from harder market & increased pricing power. ROE improved from low double digits to mid-teens via strong pricing, higher investment returns & internal efforts. Earnings & multiple have increased, reflecting investor appreciation. Expect continued pricing power to drive further upside despite rate cuts & volatility.
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