Dow Today: Travelers Companies (TRV) Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Links.

The Dow Jones Industrial Average ( ^DJI) is trading down 82.0 points (-0.5%) at 15,473 as of Friday, Jul 26, 2013, 12:35 p.m. ET. During this time, 174.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 587.9 million. The NYSE advances/declines ratio sits at 1,028 issues advancing vs. 1,878 declining with 105 unchanged.
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Holding back the Dow today is Travelers Companies (NYSE: TRV), which is lagging the broader Dow index with a nine-cent decline (-0.1%) bringing the stock to $82.76. This single loss is lowering the Dow Jones Industrial Average by 0.68 points or roughly accounting for 0.8% of the Dow's overall loss. Volume for Travelers Companies currently sits at 919,326 shares traded vs. an average daily trading volume of 2.1 million shares.

Travelers Companies has a market cap of $30.93 billion and is part of the financial sector and insurance industry. Shares are up 15.4% year to date as of Thursday's close. The stock's dividend yield sits at 2.4%.

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.

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, increase in net income, notable return on equity, attractive valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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