Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Hartford Financial Services Group Inc Stock Research

HIG

74.11USD+0.34(+0.46%)Delayedas of 20 Sep 2023, 10:08 am
Watchlist

Market Summary

USD74.11+0.34
Delayedas of 20 Sep 2023, 10:08 am
0.46%

HIG Stock Price

HIG RSI Chart

HIG Valuation

HIG Price/Sales (Trailing)

HIG Profitability

EBT Margin

10.35%

Return on Equity

13.28%

Return on Assets

2.57%

HIG Fundamentals

HIG Revenue

Revenue (TTM)

23.6B

Revenue Y/Y

12.58%

Revenue Q/Q

2.35%

HIG Earnings

Earnings (TTM)

2.0B

Earnings Y/Y

23.2%

Earnings Q/Q

2.24%

Price Action

52 Week Range

60.1779.44
(Low)(High)

Last 7 days

2.1%

Last 30 days

2.7%

Last 90 days

4.2%

Trailing 12 Months

12.1%

HIG Financial Health

Debt/Equity

0.3

Debt/Cashflow

1.02

HIG Investor Care

Dividend Yield

2.25%

Dividend/Share (TTM)

1.66

Diluted EPS (TTM)

6.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for HIG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-14
Swift Christopher
gifted
-
-
-27,676
chairman and ceo
2023-09-06
Stepnowski Amy
sold
-24,040
71.55
-336
evp
2023-08-07
Stepnowski Amy
sold
-24,514
72.96
-336
evp
2023-08-04
Kinney John J.
sold (taxes)
-430,082
72.6
-5,924
evp
2023-08-04
Stepnowski Amy
sold (taxes)
-301,072
72.6
-4,147
evp
2023-08-04
Soni Deepa
sold (taxes)
-328,951
72.6
-4,531
executive vice president
2023-08-03
Paiano Robert W
sold
-1,010,420
72.4907
-13,938
evp & chief risk officer
2023-08-02
BUSH STEPHANIE C
sold
-253,389
72.3969
-3,500
evp
2023-07-31
Roseborough Teresa Wynn
acquired
180,000
71.88
2,504
-
2023-07-31
De Shon Larry D
acquired
180,000
71.88
2,504
-

1–10 of 50

Which funds bought or sold HIG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
5.78
7,077
83,039
0.02%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
7.00
216
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
248,037
248,037
0.01%
2023-08-25
Yarbrough Capital, LLC
unchanged
-
41,218
1,274,030
0.07%
2023-08-24
Harvest Investment Advisors, LLC
reduced
-0.68
45,720
1,779,400
1.52%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
1,592
49,190
-%
2023-08-23
Rehmann Capital Advisory Group
reduced
-9.01
-78,915
1,245,070
0.11%
2023-08-22
COMERICA BANK
new
-
33,000
33,000
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
5,000
168,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-7.47
-1,678,160
36,625,400
0.05%

1–10 of 48

Latest Funds Activity

Are funds buying HIG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HIG
No. of Funds

Schedule 13G FIlings of Hartford Financial Services Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
7.8%
24,771,975
SC 13G/A
Feb 09, 2023
vanguard group inc
12.43%
39,535,660
SC 13G/A
Feb 07, 2023
blackrock inc.
7.7%
24,543,083
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
6.3%
21,702,336
SC 13G
Feb 14, 2022
state street corp
6.02%
20,504,713
SC 13G/A
Feb 10, 2022
vanguard group inc
11.69%
39,787,394
SC 13G/A
Feb 01, 2022
blackrock inc.
7.6%
25,991,605
SC 13G/A
Jan 12, 2022
jpmorgan chase & co
5.5%
18,932,591
SC 13G/A
Feb 12, 2021
state street corp
5.51%
19,738,870
SC 13G
Feb 10, 2021
vanguard group inc
10.86%
38,908,481
SC 13G/A

Recent SEC filings of Hartford Financial Services Group

View All Filings
Date Filed Form Type Document
Sep 15, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading
Sep 06, 2023
144
Notice of Insider Sale Intent
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 07, 2023
144
Notice of Insider Sale Intent
Aug 04, 2023
4
Insider Trading
Aug 04, 2023
4
Insider Trading
Aug 03, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to Hartford Financial Services Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.3B
55.3B
6.38% 11.93%
47.79
1.51
11.39% 104.72%
45.3B
50.4B
7.61% 15.58%
10.05
0.9
-9.25% -63.51%
29.7B
54.6B
6.77% -13.02%
-11.1
0.54
9.14% -383.17%
9.7B
7.5B
0.28% -7.28%
11.39
1.3
12.86% -17.26%
-
23.6B
2.72% 12.08%
-
-
5.78% -4.19%
38.3B
38.7B
2.91% 2.81%
17.13
0.99
8.33% -37.32%
25.2B
13.3B
0.67% 24.34%
20.79
1.9
12.64% 55.58%
MID-CAP
4.0B
1.3B
-0.18% 24.18%
14.4
3.07
41.34% 137.60%
10.5B
7.4B
15.73% 34.35%
25.5
1.41
62.27% 144.80%
SMALL-CAP
1.3B
348.9M
2.75% -38.18%
23
3.82
16.85% 25.90%
1.2B
1.4B
1.93% -21.70%
-111.09
0.86
3.44% -114.81%
998.8M
1.1B
4.21% -11.45%
107.75
0.88
-2.53% -76.30%
562.0M
901.0M
-2.03% -39.05%
12.11
0.62
14.76% 164.17%

Hartford Financial Services Group News

MarketWatch
Hartford Financial Services Group Inc. stock rises Tuesday, outperforms market.
MarketWatch,
17 hours ago
InvestorsObserver
StreetInsider.com
Form N-PX MFS SERIES TRUST VI For: Jun 30.
StreetInsider.com,
22 days ago

Returns for HIG

Cumulative Returns on HIG

11.1%


10-Year Cumulative Returns

10.4%


7-Year Cumulative Returns

9.8%


5-Year Cumulative Returns

27.3%


3-Year Cumulative Returns

Risks for HIG

What is the probability of a big loss on HIG?

40%


Probability that Hartford Financial Services Group stock will be more than 20% underwater in next one year

19.6%


Probability that Hartford Financial Services Group stock will be more than 30% underwater in next one year.

18.5%


Probability that Hartford Financial Services Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HIG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Hartford Financial Services Group was unfortunately bought at previous high price.

Drawdowns

Financials for Hartford Financial Services Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q12018Q42018Q32018Q22018Q1
Revenue3.0%23,55522,87922,36222,16222,26822,48422,39021,90221,38720,86620,52320,55620,73220,88520,86419,89319,20418,95518,47517,99417,514
Operating Expenses--------------4,7084,5804,4424,2924,2814,2374,0984,681
  S&GA Expenses0%4,8424,8424,8304,8714,8684,8454,7794,6324,5254,4484,4804,6184,6924,7084,5804,616-4,281---
EBITDA-100.0%-3,1523,0963,3013,4764,0493,8103,5433,4662,9102,9182,9173,0172,8653,270------
EBITDA Margin-100.0%-0.14*0.14*0.15*0.19*0.18*0.17*0.16*0.16*0.14*0.14*0.14*0.15*0.14*0.16*------
Interest Expenses-0.5%200201213225233239234229229229236244253259259264282298306316316
Earnings Before Taxes5.0%2,4882,3702,2582,4262,5783,1342,8962,6482,5972,0792,1202,1442,2652,1292,5602,0512,0091,7532,0081,659841
EBT Margin-100.0%-0.10*0.10*0.11*0.14*0.14*0.13*0.12*0.12*0.10*0.10*0.10*0.11*0.10*0.12*------
Net Income5.4%2,0101,9071,8151,9552,0982,5592,3652,1732,1501,7131,7371,7481,8241,8082,2841,8151,8401,8071,6481,450828
Net Income Margin-100.0%-0.08*0.08*0.09*0.12*0.11*0.11*0.10*0.10*0.08*0.08*0.09*0.09*0.08*0.10*------
Free Cashflow-100.0%-4,2573,8333,9653,7363,6223,9603,9774,0914,2183,7573,5903,6403,4003,384------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.5%73,89574,24973,00871,80172,40275,25276,57876,29074,73274,20174,11172,31970,99068,72470,81770,25669,47263,32462,30761,43760,775
    Cash Equivalents1.8%222218344285348306337397308280239270372301262290283104121102147
  Net PPE-2.2%8849049279419709951,0271,0471,0671,0921,1221,1441,1351,1611,1811,1941,2221,1451,0069971,013
  Goodwill0%1,9111,9111,9111,9111,9111,9111,9111,9111,9111,9111,9111,9116211,9131,9131,9131,9131,2901,2901,2901,290
Liabilities-0.3%59,74359,90959,33258,84658,17659,35558,73558,42856,48856,49955,55554,51753,91853,45854,54754,17854,18048,98449,20648,70848,229
  Short Term Borrowings------591--------500500500499413413413
  Long Term Debt0.0%4,3604,3584,3574,3564,3554,3544,9444,9434,3544,3534,3524,3514,3504,3494,3484,3464,0503,7674,2654,2634,262
Shareholder's Equity-1.3%14,15214,34013,67612,95514,24515,89017,80517,86218,24417,70218,49117,80217,07215,26616,27016,07815,29214,34013,10112,72912,546
  Retained Earnings2.4%17,86517,45417,05816,59816,38816,07715,77015,16914,81314,03613,91813,50313,16712,81912,68512,25111,83611,57211,05510,97310,649
  Additional Paid-In Capital0.9%1,8641,8471,8953,2773,2643,2493,3094,3394,3304,3104,3224,3104,2994,2864,3124,3024,3004,3294,3784,3854,374
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-23.0%3,4274,4504,0084,1283,8993,7634,0934,1054,2014,3323,8713,6983,7523,5083,4893,4472,5772,4102,8432,5042,562
Cashflow From Investing12.9%-1,611-1,849-1,277-1,423-1,500-1,890-2,466-2,807-2,860-3,293-2,066-1,835-1,963-1,500-2,148-2,520-1,725-1,591-1,962-719-173
Cashflow From Financing27.3%-1,941-2,669-2,710-2,871-2,421-1,901-1,581-1,162-1,384-1,017-1,778-1,827-1,663-1,790-1,191-719-695-1,218-1,467-2,012-2,606
  Dividend Payments1.4%517510506503500499485481475465457447441432433436415398379353348
  Buy Backs-6.7%1,4001,5001,5501,7001,8611,9791,7021,20269112315026032335020090.0027.00-1.00-53.00378

HIG Income Statement

2023-06-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Earned premiums$ 5,220$ 4,810$ 10,283$ 9,461
Fee income328341647703
Net investment income5405411,0551,050
Net realized losses(64)(338)(71)(483)
Other revenues25194535
Total revenues6,0495,37311,95910,766
Benefits, losses and expenses    
Benefits, losses and loss adjustment expenses3,5803,0747,0626,194
Amortization of deferred policy acquisition costs ("DAC")502450993887
Insurance operating costs and other expense1,2251,2252,4412,435
Interest expense5051100113
Amortization of other intangible assets17173535
Restructuring and other costs3237
Total benefits, losses and expenses5,3774,81910,6349,671
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total6725541,3251,095
Income tax expense125110243208
Net income5474441,082887
Preferred stock dividends551010
Net income available to common stockholders$ 542$ 439$ 1,072$ 877
EPS    
Basic$ 1.75$ 1.34$ 3.44$ 2.66
Diluted$ 1.73$ 1.32$ 3.39$ 2.62

HIG Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Investments:  
Fixed maturities, AFS, at fair value (amortized cost of $40,411 and $39,533, and ACL of $18 and $12)$ 37,497$ 36,231
Fixed maturities, at fair value using the fair value option ("FVO")320333
Equity securities, at fair value8951,801
Mortgage loans (net of ACL of $41 and $36)6,0206,000
Limited partnerships and other alternative investments4,5274,177
Other investments173159
Short-term investments3,2363,859
Total investments52,66852,560
Cash150229
Restricted cash72115
Premiums receivable and agents' balances (net of ACL of $119 and $109)5,5784,949
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $110 and $105)6,9126,964
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $110 and $105)110105
Deferred policy acquisition costs1,096998
Deferred income taxes, net1,3421,437
Goodwill1,9111,911
Property and equipment, net884927
Other intangible assets, net743778
Other assets2,5392,140
Total assets73,89573,008
Liabilities  
Unpaid losses and loss adjustment expenses41,21941,243
Other policyholder funds and benefits payable647658
Unearned premiums8,5897,815
Long-term debt4,3604,357
Other liabilities4,4394,757
Total liabilities59,74359,332
Stockholders' Equity  
Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at June 30, 2023 and December 31, 2022, aggregate liquidation preference of $345334334
Common Stock, Value, Issued33
Additional paid-in capital1,8641,895
Retained earnings17,86517,058
Treasury Stock, Value(2,390)(1,773)
Accumulated other comprehensive income (loss) ("AOCI"), net of tax(3,524)(3,841)
Total stockholders’ equity14,15213,676
Total liabilities and stockholders’ equity$ 73,895$ 73,008
Christopher J. Swift
18100
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.