Parametric Portfolio Associates buys $171,164,020 stake in Travelers Companies Inc (TRV)

Travelers Companies Inc (TRV) : Parametric Portfolio Associates scooped up 37,725 additional shares in Travelers Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 1,525,798 shares of Travelers Companies Inc which is valued at $171,164,020.Travelers Companies Inc makes up approximately 0.26% of Parametric Portfolio Associates’s portfolio.

Other Hedge Funds, Including , Ifp Advisors Inc reduced its stake in TRV by selling 698 shares or 7.22% in the most recent quarter. The Hedge Fund company now holds 8,976 shares of TRV which is valued at $939,518. Travelers Companies Inc makes up approx 0.05% of Ifp Advisors Inc’s portfolio.Central Trust Co reduced its stake in TRV by selling 186 shares or 2.2% in the most recent quarter. The Hedge Fund company now holds 8,277 shares of TRV which is valued at $902,772. Travelers Companies Inc makes up approx 0.07% of Central Trust Co’s portfolio. Quantres Asset Management Ltd added TRV to its portfolio by purchasing 2,500 company shares during the most recent quarter which is valued at $273,800. Travelers Companies Inc makes up approx 0.17% of Quantres Asset Management Ltd’s portfolio. Livingston Group Asset Management Co (operating As Southp… sold out all of its stake in TRV during the most recent quarter. The investment firm sold 77 shares of TRV which is valued $8,869.

Travelers Companies Inc opened for trading at $111.25 and hit $112.12 on the upside on Monday, eventually ending the session at $111.82, with a gain of 0.58% or 0.64 points. The heightened volatility saw the trading volume jump to 17,18,010 shares. Company has a market cap of $31,763 M.

On the company’s financial health, Travelers Companies Inc reported $2.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Oct 20, 2016. Analyst had a consensus of $2.36. The company had revenue of $6389.00 million for the quarter, compared to analysts expectations of $6209.70 million. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.93 EPS.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Travelers Companies Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Travelers Companies Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.