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Strs Ohio Sells 4,155 Shares of The Travelers Companies, Inc. $TRV
Strs Ohio reduced its stake in The Travelers Companies, Inc. by 6.5% during the fourth quarter, selling 4,155 shares and retaining 60,138 shares valued at approximately $17.44 million. The company recently reported strong earnings, beating analyst estimates with $7.71 EPS, increased its quarterly dividend to $1.25, and authorized a $5.0 billion share buyback program. Despite some analyst downgrades and insider selling, the stock currently holds a consensus “Hold” rating with a target price of $309.13.