Travelers Companies Sees Institutional Support Amid Earnings Beat
Callan Family Office LLC has made a new investment in The Travelers Companies, Inc. ($TRV) by acquiring 6,417 shares of its stock, valued at approximately $2,118,000. This is according to the company's most recent filing with the Securities and Exchange Commission.
The institutional investor acquired this position in the second quarter, joining other investors who have also recently modified their holdings of TRV. HHM Wealth Advisors LLC grew its position in Travelers Companies by 145.7% during the first quarter, while Whipplewood Advisors LLC purchased a new position in shares of TRV worth approximately $26,000.
Travelers Companies reported $10.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.41 by $4.63. The company's revenue was up 0.3% compared to the same period in the previous year.