Amundi boosts its holdings in The Travelers Companies by purchasing 259,624 shares, while FJ Capital Management LLC and Jump Financial LLC also increase their stakes. Some stake decreases were recorded, such as by The Manufacturers Life Insurance Company, and Nomura Holdings Inc.Wellington Management Group LLP and Alyeska Investment Group L.P. also expand their holdings, along with New Vernon Investment Management LLC and OMERS ADMINISTRATION Corp. Conversely, BNP Paribas and AQR Capital Management both hold significant positions in The Travelers Companies. Graham Capital Management L.P. makes an investment valued at $6.74 million. The company boasts strong institutional backing with 85% ownership and is highlighted as one of the best insurance stocks for investors. Despite mixed signal outlooks and cautious advice from analysts, it continues to attract significant investments. Recent earnings calls reflect a sound financial performance, demonstrating its resilience in the market, rendering it an undervalued insurance stock with potential for price growth. The company recently sold off portions of its Canadian businesses to Definity for $2.4 billion.
The Travelers Companies TRV News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Sat, 06 Sep 2025 17:47:10 GMT -
Rating 6
- Innovation -3
- Information 7
- Rumor -1
