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 Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 26.0 points (-0.2%) at 15,968 as of Wednesday, Feb 12, 2014, 10:35 a.m. ET. During this time, 80 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 379 million. The NYSE advances/declines ratio sits at 1,814 issues advancing vs. 1,053 declining with 168 unchanged.
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Holding back the Dow today is Travelers Companies (NYSE: TRV), which is lagging the broader Dow index with a 76-cent decline (-0.9%) bringing the stock to $82.45. This single loss is lowering the Dow Jones Industrial Average by 5.75 points or roughly accounting for 22.1% of the Dow's overall loss. Volume for Travelers Companies currently sits at 868,155 shares traded vs. an average daily trading volume of 2.4 million shares.

Travelers Companies has a market cap of $29.98 billion and is part of the financial sector and insurance industry. Shares are down 8.1% year to date as of Tuesday'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 revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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