UBS and other institutional investors cut holdings in Hartford Financial as the company raised its dividend.

UBS Asset Management and other institutional investors reduced their holdings in Hartford Financial Services Group (HIG) in the third quarter. HIG's stock opened at $123.74, with a market cap of $35.87 billion and a PE ratio of 12.40. The company increased its quarterly dividend to $0.52 per share. Several analysts raised their price targets, with an average target of $122.00. The stock is 93.42% owned by institutional investors and hedge funds.

November 29, 2024
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