James Investment Research Inc buys $89,638,287 stake in Travelers Companies Inc (TRV)

Travelers Companies Inc (TRV) : James Investment Research Inc scooped up 229,172 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 25, 2016. The investment management firm now holds a total of 815,635 shares of Travelers Companies Inc which is valued at $89,638,287.Travelers Companies Inc makes up approximately 2.21% of James Investment Research Inc’s portfolio.

Travelers Companies Inc opened for trading at $110.01 and hit $111.27 on the upside on Monday, eventually ending the session at $110.91, with a gain of 0.92% or 1.01 points. The heightened volatility saw the trading volume jump to 14,13,919 shares. Company has a market cap of $32,429 M.

Other Hedge Funds, Including , Cape Cod Five Cents Savings Bank reduced its stake in TRV by selling 62 shares or 2.64% in the most recent quarter. The Hedge Fund company now holds 2,286 shares of TRV which is valued at $251,231. Travelers Companies Inc makes up approx 0.05% of Cape Cod Five Cents Savings Bank’s portfolio.Sentinel Trust Co Lba reduced its stake in TRV by selling 9,153 shares or 74.52% in the most recent quarter. The Hedge Fund company now holds 3,130 shares of TRV which is valued at $363,800. Travelers Companies Inc makes up approx 0.05% of Sentinel Trust Co Lba’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in TRV in the latest quarter, The investment management firm added 7,724 additional shares and now holds a total of 69,462 shares of Travelers Companies Inc which is valued at $8,073,568. Travelers Companies Inc makes up approx 0.19% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’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.

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