Institutional Investors Boost Stakes in TRV Amid Earnings Beat
Oxford Financial Group LTD. LLC has taken a significant position in The Travelers Companies, Inc., acquiring approximately $895,000 worth of shares during the second quarter.
This is not the only institutional investor to have bought shares of TRV; other large investors such as Arbejdsmarkedets Tillaegspension and Rit Capital Partners PLC also acquired stakes in the insurance provider.
The Travelers Companies reported quarterly earnings that exceeded analyst estimates, with a net margin of 16.95% and a return on equity of 25.41%. The company's revenue was up by .3% compared to the same quarter last year.