5 Best Value Stocks to Buy for the Next Decade

1. The Hartford Financial Services Group, Inc. (NYSE:HIG)

PE Ratio: 11.43

Number of Hedge Fund Holders: 32

The Hartford Financial Services Group, Inc. (NYSE:HIG) is a Hartford, Connecticut-based insurance and investment company with an experience of over three decades. The company considers itself a leader in casualty and property insurance, group benefits, and mutual funds.

In a note issued to investors on August 1, Tracy Benguigui at Barclays gave The Hartford Financial Services Group, Inc. (NYSE:HIG) stock a target price of $78 with an Overweight rating following the company’s Q2 2022 results. The analyst highlighted that the management’s commentary was cautiously optimistic following the results and added that the entity provides an attractive risk/reward ratio in the long term. The Hartford Financial Services Group, Inc. (NYSE:HIG) reported better-than-expected EPS during Q2 2022 and approved a new $3 billion share buyback plan, effective from August 1 until the end of 2024. The Hartford Financial Services Group, Inc. (NYSE:HIG) offers an annual forward dividend yield of 2.21% as of August 16, translating into a quarterly dividend of $0.39 per share.

The Hartford Financial Services Group, Inc. (NYSE:HIG) was held by 32 hedge funds as of Q1 2022.

You can also take a peek at the Top 10 Stock Picks of Minerva Advisors and 10 Crypto Companies Hit By the Recent Crash.

Follow Insider Monkey on Twitter