Varma Mutual Pension Insurance Co increased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 21.7% in the 3rd quarter, holding 48,247 shares valued at $13.47 million. Several other institutional investors also adjusted their holdings, with 82.45% of the stock owned by hedge funds and institutions. Analysts have a “Hold” rating on TRV with a consensus target price of $303.00, and the company recently declared a quarterly dividend of $1.10 per share and authorized a $5 billion share repurchase program.
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The Travelers Companies, Inc. $TRV Shares Acquired by Varma Mutual Pension Insurance Co
Varma Mutual Pension Insurance Co increased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 21.7% in the 3rd quarter, holding 48,247 shares valued at $13.47 million. Several other institutional investors also adjusted their holdings, with 82.45% of the stock owned by hedge funds and institutions. Analysts have a “Hold” rating on TRV with a consensus target price of $303.00, and the company recently declared a quarterly dividend of $1.10 per share and authorized a $5 billion share repurchase program.