Sg Americas Securities LLC Lifted Travelers Companies INC Com (TRV) Position

August 11, 2017 - By Dolores Ford

Sg Americas Securities Llc increased its stake in Travelers Companies Inc Com (TRV) by 151.11% based on its latest 2016Q4 regulatory filing with the SEC. Sg Americas Securities Llc bought 346,377 shares as the company’s stock declined 0.95% while stock markets rallied. The institutional investor held 575,593 shares of the finance company at the end of 2016Q4, valued at $70.46 million, up from 229,216 at the end of the previous reported quarter. Sg Americas Securities Llc who had been investing in Travelers Companies Inc Com for a number of months, seems to be bullish on the $35.37B market cap company. The stock declined 1.18% or $1.53 reaching $128.16 on the news. About 1.15 million shares traded. Travelers Companies Inc (NYSE:TRV) has risen 9.71% since August 11, 2016 and is uptrending. It has underperformed by 6.99% the S&P500.

Sg Americas Securities Llc, which manages about $11.91 billion US Long portfolio, decreased its stake in Ishares Tr 1 (SHY) by 209,515 shares to 50,337 shares, valued at $4.25M in 2016Q4, according to the filing. It also reduced its holding in Geo Group Inc New Com (NYSE:GEO) by 91,331 shares in the quarter, leaving it with 5,197 shares, and cut its stake in Allstate Corp Com (NYSE:ALL).

More important recent Travelers Companies Inc (NYSE:TRV) news were published by: which released: “Travelers: Even Weathermen Can’t Predict Weather” on July 20, 2017, also published article titled: “Travelers Has Helped Injured Employees Cut Opioid Use by 30 Percent Since 2015”, published: “Should You Sell Travelers Companies (TRV) Before Earnings?” on July 19, 2017. More interesting news about Travelers Companies Inc (NYSE:TRV) was released by: and their article: “Is Travelers Companies a Great Stock for Value Investors?” with publication date: July 20, 2017.

Travelers Companies Inc (NYSE:TRV) Ratings Coverage

Among 15 analysts covering Travelers (NYSE:TRV), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 33% are positive. Travelers had 32 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Travelers Companies Inc (NYSE:TRV) has “Buy” rating given on Thursday, December 1 by Citigroup. The company was maintained on Wednesday, October 21 by RBC Capital Markets. FBR Capital downgraded Travelers Companies Inc (NYSE:TRV) on Monday, February 13 to “Mkt Perform” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $12300 target in Monday, June 19 report. The firm has “Underweight” rating given on Friday, January 6 by Atlantic Securities. The company was maintained on Tuesday, May 23 by RBC Capital Markets. The company was maintained on Friday, May 26 by Wood. Citigroup maintained the shares of TRV in report on Wednesday, October 21 with “Neutral” rating. The firm has “Buy” rating given on Monday, October 26 by Argus Research. The stock of Travelers Companies Inc (NYSE:TRV) has “Outperform” rating given on Tuesday, January 17 by Macquarie Research.

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