Travelers Companies (TRV) Shareholder Capital Returns Management Lowered Its Position; As Starwood Ppty Tr (STWD) Stock Value Declined, Orinda Asset Management Has Boosted by $3.20 Million Its Holding

May 18, 2018 - By Marguerite Chambers

The Travelers Companies, Inc. (NYSE:TRV) Logo

Ron Bobman decreased its stake in Travelers Companies Inc (TRV) by 13.28% based on its latest 2017Q4 regulatory filing with the SEC. Capital Returns Management Llc sold 32,400 shares as the company’s stock rose 1.76% while stock markets declined. The hedge fund run by Ron Bobman held 211,600 shares of the finance company at the end of 2017Q4, valued at $28.70M, down from 244,000 at the end of the previous reported quarter. Capital Returns Management Llc who had been investing in Travelers Companies Inc for a number of months, seems to be less bullish one the $35.03 billion market cap company. The stock decreased 0.84% or $1.1 during the last trading session, reaching $129.62. About 454,299 shares traded. The Travelers Companies, Inc. (NYSE:TRV) has risen 13.01% since May 18, 2017 and is uptrending. It has outperformed by 1.46% the S&P500.

Orinda Asset Management Llc increased its stake in Starwood Ppty Tr Inc (STWD) by 152.05% based on its latest 2017Q4 regulatory filing with the SEC. Orinda Asset Management Llc bought 152,255 shares as the company’s stock declined 2.39% with the market. The institutional investor held 252,389 shares of the consumer services company at the end of 2017Q4, valued at $5.39M, up from 100,134 at the end of the previous reported quarter. Orinda Asset Management Llc who had been investing in Starwood Ppty Tr Inc for a number of months, seems to be bullish on the $5.63B market cap company. The stock increased 0.12% or $0.025 during the last trading session, reaching $21.475. About 775,399 shares traded. Starwood Property Trust, Inc. (NYSE:STWD) has declined 7.26% since May 18, 2017 and is downtrending. It has underperformed by 18.81% the S&P500.

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on July, 19. They expect $2.43 earnings per share, up 26.56% or $0.51 from last year’s $1.92 per share. TRV’s profit will be $656.73 million for 13.34 P/E if the $2.43 EPS becomes a reality. After $2.46 actual earnings per share reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts -1.22% negative EPS growth.

More recent The Travelers Companies, Inc. (NYSE:TRV) news were published by: Streetinsider.com which released: “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” on May 15, 2018. Also Gurufocus.com published the news titled: “Carl Icahn Piles Into AmTrust Financial” on May 18, 2018. Seekingalpha.com‘s news article titled: “Travelers: A Dividend Growth Machine” with publication date: April 25, 2018 was also an interesting one.

Among 17 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Travelers had 60 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, October 21, the company rating was maintained by Citigroup. Bank of America upgraded the stock to “Buy” rating in Tuesday, June 28 report. Bank of America downgraded the shares of TRV in report on Monday, June 19 to “Neutral” rating. Argus Research upgraded the shares of TRV in report on Monday, April 24 to “Buy” rating. The firm earned “Hold” rating on Friday, May 26 by Wood. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Hold” rating by Sandler O’Neill on Tuesday, January 23. The stock has “Underweight” rating by Morgan Stanley on Thursday, January 5. The stock of The Travelers Companies, Inc. (NYSE:TRV) has “Outperform” rating given on Friday, July 22 by RBC Capital Markets. The stock of The Travelers Companies, Inc. (NYSE:TRV) has “Neutral” rating given on Tuesday, April 26 by Goldman Sachs. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Buy” rating by RBC Capital Markets on Friday, December 8.

Capital Returns Management Llc, which manages about $322.04 million US Long portfolio, upped its stake in Athene Hldg Ltd by 60,541 shares to 533,195 shares, valued at $27.57M in 2017Q4, according to the filing.

Orinda Asset Management Llc, which manages about $286.18 million and $114.74 million US Long portfolio, decreased its stake in Cbl & Assoc Pptys Inc (NYSE:CBL) by 307,678 shares to 245,400 shares, valued at $1.39 million in 2017Q4, according to the filing. It also reduced its holding in Select Income Reit (NYSE:SIR) by 155,321 shares in the quarter, leaving it with 56,250 shares, and cut its stake in Uniti Group Inc.

More news for Starwood Property Trust, Inc. (NYSE:STWD) were recently published by: Seekingalpha.com, which released: “Starwood Property Trust: Strong Q1 Results And Cheap Valuation Scream For A Buy” on May 05, 2018. Globenewswire.com‘s article titled: “Analysis: Positioning to Benefit within Korn/Ferry International, ResMed, Donaldson, Ollie’s Bargain Outlet, VSE, and …” and published on April 23, 2018 is yet another important article.

Investors sentiment increased to 1.41 in Q4 2017. Its up 0.32, from 1.09 in 2017Q3. It improved, as 35 investors sold STWD shares while 84 reduced holdings. 59 funds opened positions while 109 raised stakes. 171.72 million shares or 20.77% less from 216.73 million shares in 2017Q3 were reported. Tudor Investment Corporation Et Al holds 39,581 shares. Richard Bernstein Advisors Ltd Liability Co, New York-based fund reported 18,317 shares. Miles Capital holds 44,633 shares. Endurance Wealth Inc holds 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD) for 500 shares. State Of Wisconsin Inv Board invested in 0% or 52,216 shares. Susquehanna International Llp has 38,000 shares for 0% of their portfolio. Community Bancorporation Na reported 0% stake. Highlander Cap Limited has 1.37% invested in Starwood Property Trust, Inc. (NYSE:STWD). Mackenzie Financial Corp reported 449,560 shares. Sei Co has invested 0.01% in Starwood Property Trust, Inc. (NYSE:STWD). Thompson Siegel & Walmsley Limited Liability invested in 106,850 shares or 0.03% of the stock. Raymond James Fincl Services Advsrs accumulated 0.02% or 154,469 shares. Cubist Systematic Strategies has 0.03% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 25,168 shares. Geode Mgmt Ltd Liability has 0.02% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 2.55 million shares. Moreover, Victory Management has 0% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 2,015 shares.

Starwood Property Trust, Inc. (NYSE:STWD) Institutional Positions Chart

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By1 Marguerite Chambers

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