The Travelers Companies, Inc. (NYSE:TRV) Stock Rating Lowered by BidaskClub

Joan Terry
July 15, 2017

However The Travelers Companies, Inc.'s ability to meet these debts is for current ratio of *TBA and a quick ratio of *TBA. (NYSE:TRV) by 1.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The company is expected to report EPS as high as $2.54 and as low as $1.56 per share.

The Travelers Companies (TRV) started trading at 125.77 on early Friday. Bartlett & Co. LLC increased its stake in The Travelers Companies by 30.0% in the first quarter. Over the last ninety days, insiders have sold 179,228 shares of company stock worth $21,841,643. Norges Bank acquired a new position in The Travelers Companies during the fourth quarter valued at $262,153,000.

The Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, April 20th. UBS Asset Management Americas Inc. now owns 1,744,157 shares of the insurance provider's stock worth $210,241,000 after buying an additional 149,847 shares in the last quarter.

Delta Lloyd NV decreased its stake in The Travelers Companies, Inc. Great Lakes Advisors LLC now owns 109,810 shares of the insurance provider's stock valued at $13,236,000 after buying an additional 36,923 shares during the period. Community Bank N.A. raised its stake in The Travelers Companies by 39.0% in the first quarter. The institutional investor owned 788,420 shares of the insurance provider's stock after buying an additional 61,139 shares during the period. This is an increase from The Travelers Companies's previous quarterly dividend of $0.67. (TRV), a part of Financial sector and belongs to Property & Casualty Insurance industry; ended its day with gain 0.14% and finalized at the price of $125.43.

By historical standards, The Travelers Companies, Inc. remains a cheap stock. On December 12 the company was upgraded from "Market Perform" to "Outperform" by BMO Capital.

The stock last traded at $125.41 which is just over $124.75, the 50 day moving average and marginally over the 200 day moving average of $121.62.

The Travelers Companies (NYSE:TRV) last announced its earnings results on Thursday, April 20th. The insurance provider reported $2.16 EPS for the quarter, missing the Zacks' consensus estimate of $2.40 by $0.24. Revenue for the quarter also killed consensus, coming in at $6.5B, compared to the consensus of 6.32B. The Travelers Companies had a net margin of 10.55% and a return on equity of 12.01%. The firm's revenue was up 3.4% on a year-over-year basis. Company's sales went up 3.4% compared with the same period in the prior year. for the same quarter previous year, firm reported $2.33 Earnings Per Share.

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Analysts expect PTC Inc (NASDAQ:PTC) to report $0.17 EPS on July, 19.They anticipate $0.02 EPS change or 10.53% from last quarter's $0.19 EPS.

Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on July, 20 before the open. Investors of record on Friday, June 9th were given a $0.72 dividend. The ex-dividend date was Wed, Jun 7th. this indicates a $2.88 dividend on a yearly basis and a payout of 2.29%. The Travelers Companies's payout ratio is now 28.40%. The home country is United States of America, and was first put on the stock market on the IPO date, 07/09/1986. The legal version of this article can be viewed at https://transcriptdaily.com/2017/07/14/homrich-berg-reduces-position-in-the-travelers-companies-inc-nysetrv.html.

A number of other analysts have also commented on the company. Citigroup Inc. lifted their price target on shares of The Travelers Companies from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday.

Using these values we can determine whether The Travelers Companies, Inc.is undervalued and see if the target price does in fact seem reasonable.

In a research report revealed to clients and investors on 13 July, The "Buy" rating of Travelers Companies (NYSE:TRV) shares was reconfirmed at Citigroup, who now has a $150 TP on the stock. The stock of Travelers Companies Inc (NYSE:TRV) has "Sell" rating given on Tuesday, January 10 by Goldman Sachs. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. The stock was sold at an average price of $123.48, for a total transaction of $864,360.00. Also, Vice Chairman Jay S. Benet unloaded 5,518 stocks of the firm's shares in a trade on early Mon, Jul 3rd. Following the transaction, the chief operating officer now owns 210,602 shares of the company's stock, valued at $25,274,346.02.

In other The Travelers Companies news, EVP Kenneth Franklin Spence III sold 15,971 shares of the business's stock in a transaction that occurred on Monday, April 24th. The average volume stands around 1.41 million shares. The disclosure for this sale can be found here. Closing price generally refers to the last price at which a stock trades during a regular trading session. The Firm operates through three divisions: Specialty Products, Chromium and Surfactants.

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