Veratis Advisors Invests $891K in Travelers Companies

Veratis Advisors Inc., a financial institution, has invested $891,000 in The Travelers Companies, Inc. (NYSE:TRV). According to its most recent disclosure with the Securities and Exchange Commission, Veratis bought 4,042 shares of TRV stock in the second quarter.

This investment represents approximately 0.6% of Veratis Advisors Inc.'s portfolio, making TRV its 19th largest position.

The company has a market cap of $77.31 billion and a price-to-earnings ratio of 9.93. TRV's stock opened at $370.65 on Tuesday, with a debt-to-equity ratio of 0.27 and a quick ratio of 0.33.

Travelers Companies, Inc. reported earnings of $10.04 per share in the second quarter, exceeding analysts' expectations by $4.63. The company's revenue for the quarter was up 0.3% on a year-over-year basis, with a net margin of 16.95% and a return on equity of 25.41%.