IB Net Payout Yields Model

Hartford Doesn't Need A Buyout

  • Hartford is too cheap to accept a buyout with a limited premium.
  • The consistent earnings profile and huge capital return plan position shareholders for solid returns going forward.
  • The recommendation remains to own Hartford based on value.
With an intra-day spike to near $51 on high volumes, The Hartford (NYSE:HIG) is under accumulation based on rumors of a buyout offer. Back when Chubb Corporation (NYSE:CB) accepted a buyout offer, Hartford was listed as a prime buyout target in the P&C space so this shouldn't be a big surprise.

Read the full article on Seeking Alpha.

Disclosure: Long HIG. Please read the disclaimer page for more details. 


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