Webster Bank cuts stake in Travelers Companies; firm beats earnings forecasts, gets stock upgrades.

Webster Bank N.A. and other institutional investors have adjusted their holdings in The Travelers Companies, with Webster reducing its stake significantly. The company reported strong earnings, exceeding analysts' expectations with a $9.15 EPS and $12.01 billion in revenue. Additionally, several financial institutions have upgraded their ratings on Travelers' stock.

2 months ago
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