Hartford Financial Services Group Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 68.83
Dividend & Yield1.70$ (2.19%)
Beta 0.89
Market capitalization 24.27B
Operating cash flow 4.01B
ESG Scores 16.2

Company description

The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

Sector: Financial Services - Industry: Insurance—Diversified

Financial Ratios
Quick Ratio2.1
Working Capital0.29
Return On Equity0.14
Debt To Equity0.28
Fixed Asset Ratio0.03
Fixed Interest Cover16.18

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities -2.15B -2.07B -2.47B -1.28B
Net Borrowings -530M -1.09B 588M -600M
Total Cash From Financing Activities -1.19B -1.78B -1.58B -2.71B
Change To Operating Activities 309M 967M 1.86B 1.58B
Issuance Of Stock 25M 25M 25M
Net Income 2.08B 1.74B 2.37B 1.81B
Change In Cash 141M -23M 98M 7M
Effect Of Exchange Rate -9M 8M -6M -14M
Total Cash From Operating Activities 3.49B 3.87B 4.09B 4.01B
Depreciation 451M 520M 620M 547M
Change To Account Receivables -72M -72M -190M -562M
Other Cashflows From Financing Activities -1M -42M 14M -14M
Change To Netincome -1.86B -1.49B -2.38B -1.2B
Capital Expenditures -105M -114M -133M -175M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 2.56B 2.12B 2.9B 2.26B
Net Income 2.08B 1.74B 2.37B 1.81B
Selling General Administrative 4.47B 4.48B 4.78B 4.83B
Gross Profit 7.64B 6.98B 7.94B 7.38B
Ebit 3.01B 2.4B 3.06B 2.46B
Operating Income 3.01B 2.4B 3.06B 2.46B
Interest Expense -255M -207M -193M -207M
Income Tax Expense 475M 383M 531M 443M
Total Revenue 20.74B 20.49B 22.35B 22.36B
Cost Of Revenue 13.09B 13.51B 14.41B 14.98B
Total Other Income ExpenseNet -453M -280M -168M -200M
Net Income From Continuing Ops 2.08B 1.74B 2.37B 1.81B
Net Income Applicable To Common Shares 2.06B 1.72B 2.34B 1.79B

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 54.55B 55.55B 58.73B 59.39B
Total Stockholder Equity 15.94B 18.22B 17.51B 13.3B
Other Current Liabilities 6.65B 6.83B 7.21B 7.85B
Total Assets 70.82B 74.11B 76.58B 73.02B
Common Stock 4M 4M 4M 3M
Other Current Assets 5.96B 6.64B 6.98B 7.47B
Retained Earnings 12.69B 13.92B 15.76B 17.05B
Treasury Stock -1.06B -22M -1.57B -5.65B
Cash 185M 151M 205M 229M
Total Current Liabilities 7.21B 6.89B 7.25B 7.89B
Other Stockholder Equity 52M 1.17B 172M -3.88B
Property, Plant, and Equipment 1.18B 1.12B 1.03B 927M
Total Current Assets 13.46B 14.34B 15.32B 16.51B
Net Tangible Assets 13.03B 15.39B 14.75B 10.61B
Net Receivables 4.38B 4.27B 4.45B 4.95B
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Hartford Financial Services Group Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BENNETT JONATHAN RSale at price 77.86 per share.D2023-03-01Officer3.91k
COSTELLO BETH ANNStock Gift at price 0.00 per share.D2023-03-01Chief Financial Officer5k
COSTELLO BETH ANNSale at price 77.75 - 78.34 per share.D2023-03-01Chief Financial Officer38.91k
COSTELLO BETH ANNConversion of Exercise of derivative security at price 41.25 per share.D2023-03-01Chief Financial Officer38.91k
SWIFT CHRISTOPHER JSale at price 78.32 per share.D2023-02-28Chief Executive Officer34.62k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 35.83 per share.D2023-02-28Chief Executive Officer34.62k
TOOKER ADIN MSale at price 77.41 per share.D2023-02-23Officer3.92k
PAIANO ROBERT WSale at price 77.38 per share.D2023-02-21Officer14.54k
PAIANO ROBERT WConversion of Exercise of derivative security at price 35.83 per share.D2023-02-21Officer24k
SWIFT CHRISTOPHER JD2023-02-20Chief Executive Officer100.54k
BENNETT JONATHAN RD2023-02-20Officer7.39k
LEWIS SCOTT RD2023-02-20Officer1.63k
ROBINSON DAVID C.D2023-02-20General Counsel15.38k
COSTELLO BETH ANND2023-02-20Chief Financial Officer21.88k
RODDEN LORI AD2023-02-20Officer7.1k
STEPNOWSKI AMY M.D2023-02-20Officer1.77k
SONI DEEPAD2023-02-20Officer2.51k
KINNEY JOHN J.D2023-02-20Officer5.91k
TOOKER ADIN MD2023-02-20Officer7.39k
FISHER MICHAEL RD2023-02-20Officer5.32k
BUSH STEPHANIE CD2023-02-20Officer7.39k
FISHER MICHAEL RSale at price 75.69 per share.D2023-01-03Officer4.92k
ROBINSON DAVID C.Sale at price 76.00 per share.D2022-12-13General Counsel18.53k
ROBINSON DAVID C.Conversion of Exercise of derivative security at price 43.59 per share.D2022-12-13General Counsel18.53k
STEPNOWSKI AMY M.Sale at price 74.70 per share.D2022-12-12Officer12.47k
ROBINSON DAVID C.Sale at price 74.93 per share.D2022-12-07General Counsel18.53k
ROBINSON DAVID C.Conversion of Exercise of derivative security at price 43.59 per share.D2022-12-07General Counsel18.53k
SWIFT CHRISTOPHER JSale at price 76.17 per share.D2022-11-30Chief Executive Officer36.24k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 24.15 per share.D2022-11-30Chief Executive Officer36.24k
SWIFT CHRISTOPHER JSale at price 76.01 - 76.02 per share.D2022-11-28Chief Executive Officer10.89k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 24.15 per share.D2022-11-28Chief Executive Officer10.89k
SWIFT CHRISTOPHER JStock Gift at price 0.00 per share.D2022-11-18Chief Executive Officer13.85k
SWIFT CHRISTOPHER JSale at price 74.16 per share.D2022-11-10Chief Executive Officer12.1k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 24.15 per share.D2022-11-10Chief Executive Officer12.1k
SWIFT CHRISTOPHER JSale at price 74.09 per share.D2022-11-08Chief Executive Officer6.8k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 24.15 per share.D2022-11-08Chief Executive Officer6.8k
SWIFT CHRISTOPHER JSale at price 74.01 - 74.05 per share.D2022-11-07Chief Executive Officer14.75k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 24.15 per share.D2022-11-07Chief Executive Officer14.75k
ELLIOT DOUGLAS GSale at price 73.01 - 73.88 per share.D2022-11-01President40k
ELLIOT DOUGLAS GConversion of Exercise of derivative security at price 41.25 per share.D2022-11-01President40k
SWIFT CHRISTOPHER JSale at price 74.04 per share.D2022-11-01Chief Executive Officer13.48k
SWIFT CHRISTOPHER JConversion of Exercise of derivative security at price 24.15 per share.D2022-11-01Chief Executive Officer13.48k
ELLIOT DOUGLAS GSale at price 72.55 - 72.61 per share.D2022-10-31President167.55k
ELLIOT DOUGLAS GConversion of Exercise of derivative security at price 41.25 per share.D2022-10-31President167.55k
REESE EDMUNDStock Award(Grant) at price 72.41 per share.D2022-10-31Director2.34k
LEWIS SCOTT RSale at price 65.04 per share.D2022-08-09Officer2.56k
JAMES DONNA ANITAStock Award(Grant) at price 63.43 per share.D2022-08-01Director2.84k
SWIFT CHRISTOPHER JStock Gift at price 0.00 per share.D2022-06-14Chief Executive Officer15.01k
KINNEY JOHN J.Stock Gift at price 0.00 per share.D2022-06-10Officer717
LEWIS SCOTT RStock Gift at price 0.00 per share.D2022-06-03Officer1.74k
SWIFT CHRISTOPHER JSale at price 72.50 - 73.17 per share.D2022-05-04Chief Executive Officer47.13k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Hartford Financial Services Group Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Hartford Financial Services Group Inc

Here is the result of two systematic investment strategies applied to Hartford Financial Services Group Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Hartford Financial Services Group Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Hartford Financial Services Group Inc:

Hartford Financial Services Group Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 32.45% on the backtest period.

Performance at glance

Performance

32.45 %

Latent gain

731.09 $

Invested capital

2253.11 $

Annualized return

7.84 %
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Momentum strategy results on Hartford Financial Services Group Inc

This is the result of two momentum investment strategies applied to Hartford Financial Services Group Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Hartford Financial Services Group Inc

The following chart shows all the entries opened by the momentum investment system on Hartford Financial Services Group Inc:

Hartford Financial Services Group Inc momentum entries
  • The first momentum investment strategy would give 42.75% of return on Hartford Financial Services Group Inc. That represents 1932.86$ of latent gain with 4521.34$ of employed capital.
  • The second momentum investment strategy would give 41.85% of return on Hartford Financial Services Group Inc. That represents 1597.18$ of latent gain with 3816.02$ of employed capital.
Performance at glance (1Q Momentum)

Performance

42.75 %

Latent gain

1932.86 $

Invested capital

4521.34 $

Annualized return

6.37 %
Performance at glance (2Q Momentum)

Performance

41.85 %

Latent gain

1597.18 $

Invested capital

3816.02 $

Annualized return

11.43 %

Momentum equity curve on Hartford Financial Services Group Inc

The following chart shows the equity curve of the two momentum strategies applied to Hartford Financial Services Group Inc:

Hartford Financial Services Group Inc momentum equity

Note: the dividends potentially given by Hartford Financial Services Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hartford Financial Services Group Inc

The following chart shows the employed capital evolution of the two momentum strategies on Hartford Financial Services Group Inc since the beginning:

Hartford Financial Services Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Hartford Financial Services Group Inc

Buy the dip entry openings on Hartford Financial Services Group Inc

Hartford Financial Services Group Inc

The performance achieved by the robo-advisor on Hartford Financial Services Group Inc is 13.64%. That represents 33.32$ of latent gain with 244.28$ of employed capital. The following chart shows Hartford Financial Services Group Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Hartford Financial Services Group Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

13.64 %

Latent gain

33.32 $

Invested capital

244.28 $

Annualized return

6.37 %

Equity curve of the strategy applied to Hartford Financial Services Group Inc

The following chart shows the result of the investment strategy applied to Hartford Financial Services Group Inc:

Hartford Financial Services Group Inc

Note: the dividends potentially given by Hartford Financial Services Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hartford Financial Services Group Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Hartford Financial Services Group Inc:

Hartford Financial Services Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Hartford Financial Services Group Inc

In this section, I will compare the three previous investment strategies applied to Hartford Financial Services Group Inc.

Equity curve comparison on Hartford Financial Services Group Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Hartford Financial Services Group Inc investment strategy comparison

Employed capital comparison on Hartford Financial Services Group Inc

Hartford Financial Services Group Inc investment comparison

Performance comparison on Hartford Financial Services Group Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 32.45% 731.09$ 2253.11$ 7.84%
Momentum 1 quarter 42.75% 1932.86$ 4521.34$ 10.96%
Momentum 2 quarters 41.85% 1597.18$ 3816.02$ 11.43%
Non-directional 13.64% 33.32$ 244.28$ 6.37%
Annualized return comparison

Automatic investment

7.84 %

Momentum 1Q

11.43 %

Momentum 2Q

11.43 %

Non-directional

6.37 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Hartford Financial Services Group Inc:

Note: The algorithm computes the probability of correlation between Hartford Financial Services Group Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Hartford Financial Services Group Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Hartford Financial Services Group Inc
Country United States
City Hartford
Address One Hartford Plaza
Phone 860 547 5000
Website www.thehartford.com
FullTime employees 18800
Industry Insurance—Diversified
Sector Financial Services
Exchange XNYS
Ticker HIG
Market www.nyse.com

Hartford Financial Services Group Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 1.5
Peer Environment Performance 1.4947826086957
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 6.0
Peer Social Performance 9.1723188405797
Social Percentile unknown
Highest Controversy 1
Peer Highest Controversy Performance 1.3611111111111
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Product & Service IncidentsCustomer IncidentsSociety & Community Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 8.7
Peer Governance Performance 10.791884057971
Governance Percentile unknown

ESG at glance
Total ESG Scores: 16.2
Environment Score: 1.5
Social Score: 6.0
Governance Score: 8.7

ESG Performance: UNDER_PERF

Peer Group: Insurance

Peer Esg Score Performance: 21.887638888889

Rating Year: 2023

Rating Month: 1

Max Age: 86400

Percentile: 13