Travelers Companies Inc (TRV) : Pensionfund Dsm Netherlands added new position in Travelers Companies Inc during the most recent quarter end. The investment management firm now holds 37,000 shares of Travelers Companies Inc which is valued at $4,391,160 , the company said in a statement filed on Jul 5, 2016 with the SEC.Travelers Companies Inc makes up approximately 0.59% of Pensionfund Dsm Netherlands’s portfolio.
Other Hedge Funds, Including , First Financial Bank N.a. – Trust Division boosted its stake in TRV in the latest quarter, The investment management firm added 6 additional shares and now holds a total of 2,306 shares of Travelers Companies Inc which is valued at $273,676. Travelers Companies Inc makes up approx 0.05% of First Financial Bank N.a. – Trust Division’s portfolio.Cullinan Associates Inc boosted its stake in TRV in the latest quarter, The investment management firm added 2,600 additional shares and now holds a total of 20,316 shares of Travelers Companies Inc which is valued at $2,414,557. Travelers Companies Inc makes up approx 0.20% of Cullinan Associates Inc’s portfolio.
Travelers Companies Inc opened for trading at $118.32 and hit $118.47 on the upside on Monday, eventually ending the session at $118.12, with a gain of 0.03% or 0.04 points. The heightened volatility saw the trading volume jump to 10,19,528 shares. Company has a market cap of $34,538 M.
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. Travelers Companies Inc was Upgraded by BofA/Merrill to ” Buy” on Jun 28, 2016. 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.