Travelers Companies Inc (TRV) : Caz Investments Lp reduced its stake in Travelers Companies Inc by 8.19% during the most recent quarter end. The investment management company now holds a total of 14,900 shares of Travelers Companies Inc which is valued at $1,645,705 after selling 1,330 shares in Travelers Companies Inc , the firm said in a disclosure report filed with the SEC on May 2, 2016.Travelers Companies Inc makes up approximately 4.48% of Caz Investments Lp’s portfolio.
Travelers Companies Inc closed down -0.3 points or -0.27% at $110.45 with 12,73,076 shares getting traded on Friday. Post opening the session at $110.5, the shares hit an intraday low of $109.73 and an intraday high of $110.59 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , American Century Companies Inc reduced its stake in TRV by selling 349,628 shares or 52.59% in the most recent quarter. The Hedge Fund company now holds 315,238 shares of TRV which is valued at $34,818,037. Travelers Companies Inc makes up approx 0.04% of American Century Companies Inc’s portfolio.Whittier Trust Co reduced its stake in TRV by selling 1,940 shares or 1.89% in the most recent quarter. The Hedge Fund company now holds 100,915 shares of TRV which is valued at $11,090,559. Travelers Companies Inc makes up approx 0.49% of Whittier Trust Co’s portfolio.Jfs Wealth Advisors boosted its stake in TRV in the latest quarter, The investment management firm added 8 additional shares and now holds a total of 115 shares of Travelers Companies Inc which is valued at $12,639.Tiaa Cref Trust Co Fsbmo reduced its stake in TRV by selling 1,511 shares or 1.66% in the most recent quarter. The Hedge Fund company now holds 89,463 shares of TRV which is valued at $9,916,079. Travelers Companies Inc makes up approx 0.10% of Tiaa Cref Trust Co Fsbmo’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 .
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.