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Bessemer Group Inc. sold a major share portion of The Hartford, post strong earnings and dividend announcement.
Bessemer Group Inc. sold a significant portion of its shares in The Hartford Insurance Group, reducing holdings by 72.8%, while the company's CEO, Christopher Swift, also sold shares.
The Hartford reported strong earnings, exceeding analysts' expectations, and announced a quarterly dividend of $0.52 per share, with an annual yield of 1.67%.
The company has a market cap of $35.38 billion and a P/E ratio of 12.42.
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Bessemer Group Inc. vendió una parte importante de las acciones de The Hartford, tras anunciar fuertes ganancias y dividendos.