Travelers Companies Inc (TRV) : Alpha Windward reduced its stake in Travelers Companies Inc by 1.03% during the most recent quarter end. The investment management company now holds a total of 5,875 shares of Travelers Companies Inc which is valued at $682,851 after selling 61 shares in Travelers Companies Inc , the firm said in a disclosure report filed with the SEC on Apr 14, 2016.Travelers Companies Inc makes up approximately 0.49% of Alpha Windward’s portfolio.
Travelers Companies Inc closed down -0.22 points or -0.19% at $116.01 with 23,50,519 shares getting traded on Monday. Post opening the session at $116, the shares hit an intraday low of $115.43 and an intraday high of $116.33 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Naples Global Advisors reduced its stake in TRV by selling 955 shares or 7.1% in the most recent quarter. The Hedge Fund company now holds 12,504 shares of TRV which is valued at $1,453,340. Travelers Companies Inc makes up approx 0.60% of Naples Global Advisors’s portfolio. Maple Securities Usa Inc sold out all of its stake in TRV during the most recent quarter. The investment firm sold 36,809 shares of TRV which is valued $4,278,310. Rathbone Brothers Plc added TRV to its portfolio by purchasing 2,053 company shares during the most recent quarter which is valued at $235,643. Travelers Companies Inc makes up approx 0.01% of Rathbone Brothers Plc’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 .
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.