Economy

The Travelers Companies, Inc. (NYSE:TRV) Experiences Heavier than Average Trading Volume

The Travelers Companies, Inc. (NYSE:TRV) Experiences Heavier than Average Trading Volumeā€

(NYSE:TRV) by 2.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,858 shares of the insurance provider's stock after selling 3,730 shares during the quarter. The rating was upgraded by Bernstein to "Outperform" on Thursday, September 3. Advisory Services Network LLC acquired a new position in shares of The Travelers Companies in the 1st quarter worth approximately $828,000.

Gwm Advisors LLC added to its stake by buying 3,570 shares an increase of 89.5% as of 06/30/2017. The Travelers Companies now has an average rating of "Hold" and a consensus target price of $118.46. Moreover, Jackson Park Capital Llc has 0.55% invested in the company for 69,000 shares. During the same period past year, the company earned $2.20 earnings per share. Sequoia Financial Advisors LLC lifted its position in shares of The Travelers Companies by 11.4% in the 1st quarter. Next Financial Group, Inc now controls 2,931 shares with a value of $371,000,000.

A number of research analysts have weighed in on TRV shares. BidaskClub downgraded shares of The Travelers Companies from a "buy" rating to a "hold" rating in a research report on Wednesday, July 12th. The stock increased 0.47% or $0.2 on September 15, reaching $42.95. The rating was maintained by Keefe Bruyette & Woods on Monday, June 19 with "Hold". The value of the company's investment in The Travelers Companies, Inc. went from $5,838,000 to $6,085,000 a change of $247,000 quarter to quarter. Zacks Investment Research raised The Travelers Companies from a "sell" rating to a "hold" rating in a research note on Thursday, September 14th.

Among 16 analysts covering Travelers (NYSE:TRV), 5 have Buy rating, 3 Sell and 8 Hold. The company has an average rating of "Hold" and a consensus price target of $126.26.

01/17/2017 - The Travelers Companies, Inc. was upgraded to "outperform" by analysts at Macquarie. "(TRV) Shares Sold by Meiji Yasuda Asset Management Co Ltd." was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another publication, it was illegally copied and republished in violation of U.S. & global copyright & trademark law. The Travelers Companies, Inc. announced a dividend for shareholders that will be paid on Friday the 29th of September 2017.

01/06/2017 - The Travelers Companies, Inc. was downgraded to "underperform" by analysts at Atlantic Equities. (NYSE TRV) opened at 120.72 on Tuesday. The Travelers Companies, Inc. has a 52 week low of $103.45 and a 52 week high of $130.37.

The P/E ratio is 12.02 and market cap is 33.31B. Shares saw a steep increase in trading volume of 79.82% over the normal average daily volume. They expect $1.60 EPS, down 33.33% or $0.80 from last year's $2.4 per share. Next quarter's EPS is estimated at $2.77 with next year's EPS anticipated to be $9.65. The Travelers Companies had a return on equity of 11.68% and a net margin of 10.15%. Menta Capital Llc bought 39,907 shares as the company's stock rose 18.15% with the market. This repurchase authorization authorizes the insurance provider to purchase stocks of its shares through open market purchases. shares repurchase plans are typically an indication that the firms board of directors believes its Stocks are undervalued.

The Travelers Companies (NYSE:TRV) previously disclosed its periodic earnings reports on Early Thur, Jul 20th. The dividend will be $0.720 per share for the quarter or $2.88 annualized. This dividend represents a yield of $2.40. The ex-dividend date of this dividend is Thursday, September 7th. The Travelers Companies's payout ratio is 28.77%. Also, Vice Chairman William H. Heyman unloaded 24,000 stocks of the firms shares in a trade dated Tue, Jul 25th. They now have a Dollars 130 price target on the stock. Tradewinds Capital Management has an ownership of 905 stocks of the insurance provider's shares valued at $115,000 following acquiring an extra 10 stocks in the previous period. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Frederick Klein sold 10,051 shares of The Travelers Companies stock in a transaction that occurred on Tuesday, July 25th. The total value of its holdings increased 197,179.5%. The stock rose 0.25% or $0.3 reaching $121.

Commerzbank Aktiengesellschaft decreased its stake in Travelers Companies Inc (TRV) by 8.63% based on its latest 2016Q4 regulatory filing with the SEC. The Company operates through three segments: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals.



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