Travelers Companies Inc (TRV) : Arvest Bank Trust Division reduced its stake in Travelers Companies Inc by 1.14% during the most recent quarter end. The investment management company now holds a total of 131,401 shares of Travelers Companies Inc which is valued at $15,049,357 after selling 1,514 shares in Travelers Companies Inc , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Travelers Companies Inc makes up approximately 1.27% of Arvest Bank Trust Division’s portfolio.
Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in TRV by selling 2,079 shares or 2.75% in the most recent quarter. The Hedge Fund company now holds 73,608 shares of TRV which is valued at $8,430,324. Travelers Companies Inc makes up approx 0.18% of Exxonmobil Investment Management Inc Tx’s portfolio.Chevy Chase Trust Holdings reduced its stake in TRV by selling 22,619 shares or 7.74% in the most recent quarter. The Hedge Fund company now holds 269,512 shares of TRV which is valued at $30,481,807. Travelers Companies Inc makes up approx 0.17% of Chevy Chase Trust Holdings’s portfolio. Lenox Wealth Advisors sold out all of its stake in TRV during the most recent quarter. The investment firm sold 54 shares of TRV which is valued $6,107.Eqis Capital Management boosted its stake in TRV in the latest quarter, The investment management firm added 288 additional shares and now holds a total of 7,172 shares of Travelers Companies Inc which is valued at $811,153. Travelers Companies Inc makes up approx 0.05% of Eqis Capital Management’s portfolio.Washington Trust Bank boosted its stake in TRV in the latest quarter, The investment management firm added 27 additional shares and now holds a total of 2,536 shares of Travelers Companies Inc which is valued at $286,822. Travelers Companies Inc makes up approx 0.07% of Washington Trust Bank’s portfolio.
Travelers Companies Inc opened for trading at $113.77 and hit $114.85 on the upside on Friday, eventually ending the session at $114.53, with a gain of 1.19% or 1.35 points. The heightened volatility saw the trading volume jump to 16,04,520 shares. Company has a market cap of $33,017 M.
On the company’s financial health, Travelers Companies Inc reported $2.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.15 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $2.05. The company had revenue of $6067.00 million for the quarter, compared to analysts expectations of $6131.06 million. The company’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.52 EPS.
Many Wall Street Analysts have commented on Travelers Companies Inc. Company shares were Reiterated by RBC Capital Mkts on Jul 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 125 from a previous price target of $120 .
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.