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 42.0 points (-0.3%) at 16,701 as of Tuesday, Jun 3, 2014, 11:36 a.m. ET. During this time, 95.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 358.7 million. The NYSE advances/declines ratio sits at 904 issues advancing vs. 2,037 declining with 185 unchanged.
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Holding back the Dow today is Travelers Companies (NYSE: TRV), which is lagging the broader Dow index with a 55-cent decline (-0.6%) bringing the stock to $93.16. This single loss is lowering the Dow Jones Industrial Average by 4.16 points or roughly accounting for 9.9% of the Dow's overall loss. Volume for Travelers Companies currently sits at 843,724 shares traded vs. an average daily trading volume of 2.3 million shares.

Travelers Companies has a market cap of $32.47 billion and is part of the financial sector and insurance industry. Shares are up 3.5% year-to-date as of Monday'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 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, increase in stock price during the past year and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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