HIG Stock Fair Value Calculation – Woodley Farra Manion Portfolio Management Invests in The Hartford Financial Services Group, Inc
December 8, 2023
🌥️Trending News
Woodley Farra Manion Portfolio Management Inc. has recently announced their acquisition of a new investment in The Hartford Financial Services ($NYSE:HIG) Group, Inc. (HARTFORD FINANCIAL SERVICES), a leading provider of insurance and financial services in the United States. The company operates in three segments: Property & Casualty (P&C) insurance, Group Benefits, and Mutual Funds. Property & Casualty offers commercial and personal insurance products such as auto, homeowners, and specialty liability coverages. Group Benefits provide employers and employees with a wide range of life and disability insurance, reinsurance, and retirement plans. Finally, Mutual Funds provide asset management services to individual investors and institutional clients. HARTFORD FINANCIAL SERVICES has a strong commitment to innovation and customer service which has enabled them to become one of the most trusted names in the industry.
In addition, the company has invested heavily in technology to stay ahead of the competition and to provide their customers with better options.
Price History
On Wednesday, HARTFORD FINANCIAL SERVICES stock opened at $79.1 and closed at $78.4, representing a 0.7% decrease from the previous closing price of 79.0. The stock has been volatile over the past few weeks, with prices fluctuating up and down. Despite this, Woodley Farra Manion remains committed to its investment in The Hartford, as it has a history of strong returns. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HIG. More…
| Total Revenues | Net Income | Net Margin |
| 23.85k | 2.3k | 9.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HIG. More…
| Operations | Investing | Financing |
| 3.68k | -1.84k | -1.95k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HIG. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 74.52k | 60.84k | 45.48 |
Key Ratios Snapshot
Some of the financial key ratios for HIG are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | – | 12.9% |
| FCF Margin | ROE | ROA |
| 14.6% | 13.8% | 2.6% |
Analysis – HIG Stock Fair Value Calculation
At GoodWhale, we have conducted an analysis of the wellbeing of HARTFORD FINANCIAL SERVICES. Our proprietary Valuation Line has indicated that the intrinsic value of HARTFORD FINANCIAL SERVICES’ share is around $80.7. At the time of this analysis, HARTFORD FINANCIAL SERVICES’ stock was trading at $78.4, which is a fair price, but is slightly undervalued by 2.8%. We believe that investors in HARTFORD FINANCIAL SERVICES will receive a good return on their investment over time. More…
Peers
The Hartford Financial Services Group Inc is one of many companies in the highly competitive financial services industry.
– Zavarovalnica Triglav DD ($LTS:0KFO)
Zavarovalnica Triglav DD is a leading provider of insurance and financial services in Slovenia. With a market capitalization of 785.79 Million Euros as of 2022, the company has proven to be a reliable and profitable investment for shareholders. The Return on Equity (ROE) of 11.37% is a testament to its solid financial performance over the years. Zavarovalnica Triglav DD offers a range of products and services, including motor vehicle, life, health, property and liability insurance, as well as savings and investment solutions. Its extensive network of branches and agents covers all of Slovenia, providing customers with convenient access to high quality products and services.
– American International Group Inc ($NYSE:AIG)
American International Group Inc (AIG) is a leading global insurance provider that offers a range of products and services to its customers. As of 2022, the company has a market capitalization of 46.66 billion dollars, reflecting its strong financial performance and market position. Additionally, AIG boasts an impressive Return on Equity (ROE) of 29.87%, which is significantly higher than the industry average. This suggests that AIG is able to generate a high return on the investments made by its shareholders.
– HCI Group Inc ($NYSE:HCI)
HCI Group Inc is a property and casualty insurance holding company based in Tampa, Florida. It specializes in providing personal, commercial, and reinsurance products and services to individuals, businesses, and governmental entities throughout the United States. With a market cap of 319.54M as of 2022, HCI Group Inc is a relatively large company in the insurance sector. The company’s Return on Equity (ROE) of -19.11% is a sign that the company has not been able to generate profits for its shareholders. This is largely due to its high overhead costs, which have depressed margins and profitability.
Summary
Woodley Farra Manion Portfolio Management Inc. recently purchased a new stake in The Hartford Financial Services Group, Inc. (HFSG). HFSG is a leading provider of insurance and financial services, and its stock has seen strong performance in recent months. Analysts believe the company is well positioned for continued growth due to its diverse product offering, strong customer base, and efficient operations.
In addition, HFSG is well-capitalized and has a solid balance sheet. The company also has a strong presence in the U.S. and international markets, making it an attractive investment choice for those seeking to diversify their portfolio.
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