Rothschild Asset Manager Buys into Travelers Companies
Edmond DE Rothschild Holding S.A. has purchased shares of The Travelers Companies, Inc., valued at approximately $1,065,000 in the second quarter.
The Swiss asset manager bought a new position in TRV with 4,831 shares.
This is not an isolated incident as institutional investors have increased their holdings in the company over the same period.
Strathmore Capital Advisors Inc., United Bank, Uptick Partners LLC, CM Wealth Advisors LLC, and Madison Asset Management LLC all purchased new stakes in TRV during the second quarter.
The company's recent earnings report exceeded analysts' expectations, with a quarterly EPS of $10.04, up from $6.51 last year.