Clear Harbor Asset Management Enters New Position in The Travelers Companies

Clear Harbor Asset Management LLC has taken a new position in The Travelers Companies, Inc. (NYSE:TRV), according to its most recent disclosure with the Securities & Exchange Commission.

The fund acquired 2,989 shares of TRV's stock, valued at approximately $987,000.

This is not an isolated incident; several other hedge funds have also bought and sold shares of TRV in the past quarter. Vanguard Group Inc. lifted its holdings in TRV by 0.5% in the 4th quarter, while BlackRock Inc. bought a new position in TRV valued at about $6,915,909,000.

Travelers Companies' recent earnings report exceeded analysts' estimates, with the company reporting $10.04 earnings per share for the quarter and beating analyst expectations of $5.41 by $4.63.