Travelers CompaniesTRV
Market Cap: $53.4B
About: Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.
Employees: 33,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3% more repeat investments, than reductions
Existing positions increased: 492 | Existing positions reduced: 478
0.29% more ownership
Funds ownership: 82.83% [Q1] → 83.11% (+0.29%) [Q2]
3% less funds holding
Funds holding: 1,412 [Q1] → 1,365 (-47) [Q2]
11% less capital invested
Capital invested by funds: $43.6B [Q1] → $38.7B (-$4.9B) [Q2]
31% less first-time investments, than exits
New positions opened: 107 | Existing positions closed: 154
41% less call options, than puts
Call options by funds: $108M | Put options by funds: $183M
42% less funds holding in top 10
Funds holding in top 10: 12 [Q1] → 7 (-5) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target | 22%upside $286 | Overweight Initiated | 4 Sept 2024 |
Deutsche Bank Cave Montazeri 100% 1-year accuracy 3 / 3 met price target | 0%downside $234 | Hold Maintained | 7 Aug 2024 |
Citigroup Michael Ward 76% 1-year accuracy 26 / 34 met price target | 13%downside $203 | Sell Maintained | 30 Jul 2024 |
B of A Securities Joshua Shanker 56% 1-year accuracy 20 / 36 met price target | 5%downside $223 | Underperform Maintained | 22 Jul 2024 |
RBC Capital Scott Heleniak 94% 1-year accuracy 45 / 48 met price target | 4%downside $225 | Sector Perform Reiterated | 22 Jul 2024 |
Financial journalist opinion
Based on 6 articles about TRV published over the past 30 days