Hartford Insurance Group Inc.(The) (NYSE: HIG) is 18.14% higher on its value in year-to-date trading and has touched a low of $98.16 and a high of $129.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HIG stock was last observed hovering at around $126.14 in the last trading session, with the day’s gains setting it 3.11%.
Currently trading at $129.25, the stock is 4.72% and 7.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing 2.47% at the moment leaves the stock 11.69% off its SMA200. HIG registered 28.56% gain for a year compared to 6-month loss of 9.81%.
The stock witnessed a 10.32% gain in the last 1 month and extending the period to 3 months gives it a 15.11%, and is 0.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.87% over the week and 2.19% over the month.
Hartford Insurance Group Inc.(The) (HIG) has around 19100 employees, a market worth around $36.72B and $26.93B in sales. Current P/E ratio is 12.88 and Fwd P/E is 9.99. Profit margin for the company is 11.02%. Distance from 52-week low is 31.67% and -0.39% from its 52-week high. The company has generated returns on investments over the last 12 months (13.99%).
The EPS is expected to grow by 7.39% this year
The shares outstanding are 285.10M, and float is at 283.01M with Short Float at 1.02%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.34 million shares valued at $3.75 billion. The investor’s holdings represent 12.6364 of the HIG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 25.53 million shares valued at $2.57 billion to account for 8.6394 of the shares outstanding. The other top investors are STATE STREET CORP which holds 16.54 million shares representing 5.5963 and valued at over $1.67 billion, while FMR LLC holds 4.8267 of the shares totaling 14.26 million with a market value of $1.43 billion.
Hartford Insurance Group Inc.(The) (HIG) Insider Activity
Still, SEC filings show that on May 02 ’25, Swift Christopher (Chairman and CEO) disposed off 96,816 shares at an average price of $125.50 for $12.15 million. The insider now directly holds 211,082 shares of Hartford Insurance Group Inc.(The) (HIG).
