HIG - Hartford Financial: Personnel Changes Draw Attention

2024-04-04 20:39:19 ET

Summary

• The new appointment for its Middle & Large Commercial sub-segment's Northeastern operations and a larger role for its CIO are positive developments, in my opinion.
• HIG reports its Q1 2024 earnings in the later part of this month, and I am expecting the company to deliver in-line or above-expectation results.
• A Buy rating for Hartford Financial is maintained following my evaluation of the company's latest personnel changes.

Elevator Pitch

I rate The Hartford Financial Services Group, Inc. ( HIG ) stock as a Buy. My earlier write-up published on November 21, 2023 touched on HIG's shareholder capital return and the performance of certain businesses....

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