MCF Advisors LLC has increased its stake in
The Travelers Companies, while
Citigroup has downgraded its rating for the company. Meanwhile,
Hennion & Walsh Asset Management Inc. acquired 213 shares, and the company's shares gapped down to $206.95. Investors are waiting for Travelers’ Q1 earnings report, with speculation about its performance. A number of entities such as
Kathmere Capital Management LLC and
Wellington Management Group LLP increased their holdings in the company, but there’s a downgrade by
StockNews.com.
Aspiriant LLC boosted its stock holdings, despite the company's shares gapping down. Wellington Management Group LLP and
Charles Schwab Trust Co also acquired shares, and the company released its 2023 Sustainability Report. Travelers’ stock suffered its biggest selloff in four years after a profit miss, despite being considered a top value stock for the long-term. The company missed on Q1 earnings estimates but raised the dividend. Analysts suggest to retain the Travelers stock, however, Travelers Companies insiders sold US$7.7m of stock, potentially indicating caution, and Citigroup gave the company a 'sell' rating.
The Travelers Companies TRV News Analytics from Wed, 01 Nov 2023 00:16:39 GMT to Sun, 30 Jun 2024 12:55:39 GMT -
Rating -5
- Innovation 2
- Information 7
- Rumor -2
