Travelers Companies, Inc. (TRV): William H Heyman , Vice Chairman & Chief Inv Off of Travelers Companies, Inc. sold 3,500 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $113.90 per share for a total value of $398,765.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, John P Jr Clifford (EVP, Human Resources) sold 15,798 shares at $113.47 per share price.On May 25, 2016, William H Heyman (Vice Chairman & Chief Inv Off) sold 1,000 shares at $113.35 per share price.Also, On May 17, 2016, Andy F Bessette (EVP and Chief Admin Officer) sold 15,000 shares at $112.55 per share price.On May 13, 2016, Doreen Spadorcia (Vice Chairman) sold 26,240 shares at $112.47 per share price.
Travelers Companies Inc: On Friday, May 27, 2016 heightened volatility was witnessed in Travelers Companies Inc which led to swings in the share price. The shares opened for trading at $113.61 and hit $114.34 on the upside , eventually ending the session at $114.18, with a gain of 0.51% or 0.58 points. The heightened volatility saw the trading volume jump to 10,31,261 shares. The 52-week high of the share price is $118.28 and the company has a market cap of $33,386 M . The 52-week low of the share price is at $95.21.
On Apr 21, 2016, Travelers Companies Inc announced a cash dividend of $0.6700. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 30, 2016.
Company has been under the radar of several Street Analysts.Travelers Companies Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 121 from a previous price target of $118 .The Rating was issued on Apr 22, 2016.
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.