Dow Today: Travelers Companies (TRV) Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) is trading down 8.0 points at 13,085 as of Monday, Nov 5, 2012, 10:35 a.m. ET. During this time, 128.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 571.9 million. The NYSE advances/declines ratio sits at 1,355 issues advancing vs. 1,484 declining with 125 unchanged.
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Holding back the Dow today is Travelers Companies (NYSE: TRV), which is lagging the broader Dow index with an 85-cent decline (-1.2%) bringing the stock to $68.77. This single loss is lowering the Dow Jones Industrial Average by 6.43 points or roughly accounting for 80.4% of the Dow's overall loss. Volume for Travelers Companies currently sits at 1.2 million shares traded vs. an average daily trading volume of 2.4 million shares.

Travelers Companies has a market cap of $26.79 billion and is part of the financial sector and insurance industry. Shares are up 18.7% year to date as of Friday's close. The stock's dividend yield sits at 2.6%.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

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