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 134.0 points (-1%) at 13,875 as of Monday, Feb 4, 2013, 1:35 p.m. ET. During this time, 332.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 632.6 million. The NYSE advances/declines ratio sits at 650 issues advancing vs. 2,325 declining with 97 unchanged.
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Holding back the Dow today is Travelers Companies (NYSE: TRV), which is lagging the broader Dow index with a $1.88 decline (-2.4%) bringing the stock to $78.01. This single loss is lowering the Dow Jones Industrial Average by 14.23 points or roughly accounting for 10.6% of the Dow's overall loss. Volume for Travelers Companies currently sits at two million shares traded vs. an average daily trading volume of 2.3 million shares.

Travelers Companies has a market cap of $29.93 billion and is part of the financial sector and insurance industry. Shares are up 9.2% year to date as of Friday's close. The stock's dividend yield sits at 2.3%.

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 12.6, 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 solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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