Travelers Companies Inc (TRV) : Mission Wealth Management reduced its stake in Travelers Companies Inc by 3.66% during the Q4 period. The investment management company now holds a total of 4,531 shares of Travelers Companies Inc which is valued at $524,509 after selling 172 shares in Travelers Companies Inc according to the most recent disclosure to the SEC.Travelers Companies Inc makes up approximately 0.14% of Mission Wealth Management’s portfolio.
Other Hedge Funds, Including , Northwestern Mutual Investment Management Company reduced its stake in TRV by selling 248 shares or 2.1% during the fourth quarter. The Hedge Fund company now holds 11,557 shares of TRV which is valued at $1.3 Million. Travelers Companies Inc makes up approx 0.03% of Northwestern Mutual Investment Management Company’s portfolio.Guardian Life Insurance Co Of America reduced its stake in TRV by selling 376 shares or 20.66% during the fourth quarter. The Hedge Fund company now holds 1,444 shares of TRV which is valued at $167,157. Travelers Companies Inc makes up approx 0.04% of Guardian Life Insurance Co Of America’s portfolio.Markston International reduced its stake in TRV by selling 34,400 shares or 13.06% during the fourth quarter. The Hedge Fund company now holds 228,902 shares of TRV which is valued at $26.5 Million. Travelers Companies Inc makes up approx 2.30% of Markston International’s portfolio.Timber Hill reduced its stake in TRV by selling 29,110 shares or 69.49% during the fourth quarter. The Hedge Fund company now holds 12,782 shares of TRV which is valued at $1.4 Million. Travelers Companies Inc makes up approx 0.15% of Timber Hill’s portfolio.
On the company’s financial health, Travelers Companies Inc reported $2.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.24 according to the earnings call on Jan 21, 2016. Analyst had a consensus of $2.66. The company had revenue of $6023.00 million for the quarter, compared to analysts expectations of $6068.35 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.07 EPS.
Many Wall Street Analysts have commented on Travelers Companies Inc. Shares were Reiterated by UBS on Jan 27, 2016 to “Neutral” and Lowered the Price Target to $ 110 from a previous price target of $112 .Shares were Reiterated by RBC Capital Mkts on Jan 22, 2016 to “Outperform” and Lowered the Price Target to $ 118 from a previous price target of $120 .Travelers Companies Inc was Downgraded by BofA/Merrill to ” Neutral” on Dec 3, 2015.
Travelers Companies Inc opened for trading at $117.65 and hit $118.28 on the upside on Monday, eventually ending the session at $117.56, with a gain of 0.14% or 0.16 points. The heightened volatility saw the trading volume jump to 10,96,107 shares. Company has a market cap of $34,678 M.
The Travelers Companies Inc. is a holding company. Through its subsidiaries the Company is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses Government units associations and individuals. The Company has three operating segments: Business and International Insurance segment Bond & Specialty Insurance segment and the Personal Insurance segment. Business and International Insurance segment offers a range of property and casualty insurance and insurance related services to its customers primarily in the United States as well as in Canada the United Kingdom the Republic of Ireland and throughout other parts of the world. Bond & Specialty Insurance segment provides surety crime management and professional liability coverages and related risk management services. Personal Insurance segment includes a range of property and casualty insurance covering individuals’ personal risks.