Sequoia Financial Advisors LLC Buys 4,727 Shares of The Travelers Companies, Inc. $TRV

Sequoia Financial Advisors LLC recently increased its stake in The Travelers Companies Inc. (NYSE: TRV) by 18.7%, purchasing an additional 4,727 shares to bring its total holdings to 30,054 shares valued at $8.72 million. The Travelers Companies reported strong Q1 earnings, beating analyst expectations with $7.71 EPS and $11.92 billion in revenue, and subsequently raised its quarterly dividend to $1.25 and approved a $5 billion share buyback program. Despite insider sales totaling $8.43 million in the last three months, institutional investors own 82.45% of the company’s stock, and analysts maintain a “Hold” rating with an average price target of $309.13.

TRV0.41%
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