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KLP Kapitalforvaltning AS Acquires 31,040 Shares of The Travelers Companies, Inc. $TRV
KLP Kapitalforvaltning AS increased its stake in The Travelers Companies, Inc. by 29.9% in the fourth quarter, acquiring an additional 31,040 shares to hold 135,019 shares valued at approximately $39.16 million. Travelers recently reported strong Q1 earnings, beating consensus estimates, and announced a $5.00 billion share buyback program along with a dividend increase to $1.25 per share. Despite positive corporate news and some analyst upgrades, insider selling has also been noted.