Travelers Companies Inc (TRV) : Legacy Private Trust scooped up 2,142 additional shares in Travelers Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 57,479 shares of Travelers Companies Inc which is valued at $6,370,972.Travelers Companies Inc makes up approximately 0.95% of Legacy Private Trust’s portfolio.
Travelers Companies Inc closed down -0.44 points or -0.40% at $109.53 with 23,41,989 shares getting traded on Wednesday. Post opening the session at $110.13, the shares hit an intraday low of $108.88 and an intraday high of $110.13 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in TRV during the most recent quarter. The investment firm sold 204,333 shares of TRV which is valued $22,648,270.Rnc Capital Management reduced its stake in TRV by selling 1,772 shares or 0.74% in the most recent quarter. The Hedge Fund company now holds 237,197 shares of TRV which is valued at $27,569,407. Travelers Companies Inc makes up approx 2.69% of Rnc Capital Management’s portfolio.Gradient Investments boosted its stake in TRV in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 349 shares of Travelers Companies Inc which is valued at $40,564. 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. Eqis Capital Management added TRV to its portfolio by purchasing 6,701 company shares during the most recent quarter which is valued at $769,141. Travelers Companies Inc makes up approx 0.05% of Eqis Capital Management’s portfolio.
On the company’s financial health, Travelers Companies Inc reported $2.33 EPS for the quarter, missing the analyst consensus estimate by $ -0.22 based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus of $2.55. The company had revenue of $5981.00 million for the quarter, compared to analysts expectations of $6017.47 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.53 EPS.
Many Wall Street Analysts have commented on Travelers Companies Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 121 from a previous price target of $118 .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 .
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.