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Travelers Companies' stock rises as institutional investments increase, posting strong Q4 earnings.
The Travelers Companies, Inc. (TRV) saw its shares rise as institutional investors like Russell Investments, Pitcairn Co., and Bryce Point Capital LLC increased their holdings.
The company reported a strong fourth quarter with an EPS of $9.15, beating estimates by $2.65, and a revenue of $12.01 billion, up 9.9%.
Despite varied analyst opinions, the stock has a "Hold" rating with a market cap of $55.01 billion.
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Viajeros Las acciones de las empresas aumentan a medida que aumentan las inversiones institucionales, registrando fuertes ganancias Q4.