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CFC Planning Co LLC invested nearly $3.73 million in Travelers Companies, despite its "Hold" rating.
CFC Planning Co LLC invested $3.73 million in The Travelers Companies, acquiring 15,470 shares, which now make up about 4% of their portfolio.
Several other hedge funds also increased their stakes.
Despite a "Hold" rating, Travelers Companies reported strong earnings, beating estimates with $9.15 EPS and $12.01 billion in revenue.
The stock price is around $243.22, and the company has announced a quarterly dividend of $1.05 per share.
2 months ago
3 Articles