Travelers Companies Inc (TRV) : National Pension Service scooped up 16,818 additional shares in Travelers Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 210,391 shares of Travelers Companies Inc which is valued at $24,211,796.Travelers Companies Inc makes up approximately 0.20% of National Pension Service’s portfolio.
Other Hedge Funds, Including , British Columbia Investment Management Corp reduced its stake in TRV by selling 39,152 shares or 19.67% in the most recent quarter. The Hedge Fund company now holds 159,887 shares of TRV which is valued at $18,227,118. Travelers Companies Inc makes up approx 0.19% of British Columbia Investment Management Corp’s portfolio.Legal General Group Plc reduced its stake in TRV by selling 32,800 shares or 2.08% in the most recent quarter. The Hedge Fund company now holds 1,540,488 shares of TRV which is valued at $175,615,632. Travelers Companies Inc makes up approx 0.18% of Legal General Group Plc’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in TRV by selling 39,870 shares or 42.56% in the most recent quarter. The Hedge Fund company now holds 53,812 shares of TRV which is valued at $6,195,914. Travelers Companies Inc makes up approx 0.13% of Oregon Public Employees Retirement Fund’s portfolio.Mcqueen Ball Associates boosted its stake in TRV in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 17,350 shares of Travelers Companies Inc which is valued at $1,962,285. Travelers Companies Inc makes up approx 1.34% of Mcqueen Ball Associates’s portfolio.
Travelers Companies Inc opened for trading at $115.84 and hit $116.2 on the upside on Friday, eventually ending the session at $115.08, with a gain of 0.02% or 0.02 points. The heightened volatility saw the trading volume jump to 13,50,619 shares. Company has a market cap of $33,175 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.