Large Inflow of Money Detected in The Travelers Companies

The Travelers Companies (TRV) : The money flow analysis of The Travelers Companies (TRV) indicates a $22.09 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $36.23 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.64 and so was the total money flow at $14.14 million. The bulls lapped up $15.7 million worth of block trades on upticks. The money flow was $15.7 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of The Travelers Companies (TRV), pushing it down by -0.01% for the day. The stock slid $0.01 and traded at $118.47 during the day. Nonetheless, the stock is 1.14% over the previous weeks close.


Also, Major Brokerage house, Bank of America upgrades its ratings on The Travelers Companies (NYSE:TRV). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on June 28, 2016.

Shares of The Travelers Companies, Inc. rose by 1.58% in the last five trading days and 1.42% for the last 4 weeks. The Travelers Companies, Inc. is up 3.77% in the last 3-month period. Year-to-Date the stock performance stands at 6.17%.

The Travelers Companies (NYSE:TRV): The stock opened at $117.16 on Tuesday but the bulls could not build on the opening and the stock topped out at $119.10 for the day. The stock traded down to $117.16 during the day, due to lack of any buying support eventually closed down at $118.47 with a loss of -0.01% for the day. The stock had closed at $118.48 on the previous day. The total traded volume was 1,482,418 shares.

In a related news, The Securities and Exchange Commission has divulged that Benet Jay S, officer (Vice Chairman and CFO) of Travelers Companies, Inc., had unloaded 5,797 shares at an average price of $118.58 in a transaction dated on August 15, 2016. The total value of the transaction was worth $687,408.

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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