Barclays initiated coverage on The Hartford Financial Services Group with an "equal weight" rating and a $130 target price. The stock has a consensus rating of "Moderate Buy" and a price target of $122, with significant insider activity noted, including an EVP selling nearly 7,000 shares. The company recently increased its quarterly dividend to $0.52 per share, reflecting a yield of 1.69%.
UBS has maintained a Buy rating for The Hartford Financial Services Group, Inc., an insurance group with diverse revenue streams. The company generates 47.6% of its revenue from corporate non-life insurance, 26.6% from group insurance, 12.7% from individual non-life insurance, 4% from investment fund management, and 9.1% from other sources.
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