November 30, 2016 - By Hazel Jackson
The shareholder of Travelers Companies Inc, Heyman William H, also an insider, sold some 1,000 of the Minnesota-based Travelers Companies Inc shares valued at $114,000 U.S. Dollars with an average of $114.0 stock price for each share. Heyman William H at present has in hand 0.08% of the company’s total market cap with ownership of 229,911 shares. The dated 30/11/2016 transaction’s filing that was filed with the SEC is on hand here.
Out of 6 analysts covering Travelers (NYSE:TRV), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. $135 is the highest target while $92 is the lowest. The $114.63 average target is 0.97% above today’s ($113.53) stock price. Travelers has been the topic of 15 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Wednesday, October 21 by Citigroup. The firm earned “Neutral” rating on Tuesday, April 26 by Goldman Sachs. The firm has “Hold” rating by Argus Research given on Wednesday, April 27. Bank of America downgraded Travelers Companies Inc (NYSE:TRV) on Thursday, December 3 to “Neutral” rating. RBC Capital Markets maintained it with “Outperform” rating and $125 target price in Friday, July 22 report. RBC Capital Markets maintained Travelers Companies Inc (NYSE:TRV) on Wednesday, July 22 with “Outperform” rating. Bank of America upgraded the stock to “Buy” rating in Tuesday, June 28 report. RBC Capital Markets maintained it with “Outperform” rating and $118 target price in Friday, January 22 report. As per Wednesday, October 21, the company rating was maintained by RBC Capital Markets. The stock has “Neutral” rating given by UBS on Wednesday, January 27.
About 1.01M shares traded hands. Travelers Companies Inc (NYSE:TRV) has risen 3.81% since April 27, 2016 and is uptrending. It has underperformed by 1.42% the S&P500.
The Travelers Companies, Inc. is a holding company. The company has a market cap of $32.22 billion. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance services and products to businesses, government units, associations and individuals. It has a 11.54 P/E ratio. It operates through three divisions: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance.
According to Zacks Investment Research, “St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services. Under the Travelers brand, the company is also a leading underwriter of homeowners and auto insurance through independent agents.”
Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on January, 19. They expect $2.77 EPS, down 4.48% or $0.13 from last year’s $2.9 per share. TRV’s profit will be $786.13 million for 10.25 P/E if the $2.77 EPS becomes a reality. After $2.40 actual EPS reported by Travelers Companies Inc for the previous quarter, Wall Street now forecasts 15.42% EPS growth.
The Travelers Companies, Inc., incorporated on March 5, 1853, is a holding company. The Firm operates through three divisions: 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 services and products to businesses, government units, associations and individuals.
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