The Travelers Companies, Inc. (TRV) has seen a series of transactions from several investment firms, including
Gryphon Financial Partners LLC and
Congress Wealth Management LLC DE purchasing shares, while
Stifel Financial Corp and
TD Asset Management Inc sold parts of their positions. Despite challenges such as missing the
Blue Box Area, an underperformance compared to its competitors, the largest selloff in 4 years due to profit miss, and catastrophe losses affecting first quarter earnings, the stock has rallied and even
hit a record high. Its Q4 2023 earnings were strong, and the company is increasing its dividend to
$1.05, which may explain its strong institutional backing of
85%. Moreover, future forecasts by
Zacks Research into Q1 2025 are positive. However, with insider sell actions from
EVP & CFO Daniel Frey, investors are reminded of risk versus reward dynamics within TRV.
The Travelers Companies TRV News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 17:30:59 GMT -
Rating -2
- Innovation 2
- Information 5
- Rumor -5
