The Travelers Companies, Inc. (NYSE:TRV) Shares Purchased by Vestor Capital LLC

Vestor Capital LLC boosted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 19.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 393 shares of the insurance provider’s stock after buying an additional 65 shares during the quarter. Vestor Capital LLC’s holdings in Travelers Companies were worth $75,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. First Command Advisory Services Inc. purchased a new stake in Travelers Companies in the third quarter valued at approximately $26,000. AM Squared Ltd lifted its stake in Travelers Companies by 100.0% during the 3rd quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 100 shares in the last quarter. Valued Wealth Advisors LLC purchased a new position in Travelers Companies during the 4th quarter valued at about $40,000. OLD Second National Bank of Aurora acquired a new position in Travelers Companies in the 4th quarter valued at about $41,000. Finally, Operose Advisors LLC purchased a new stake in Travelers Companies during the third quarter worth about $43,000. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

NYSE TRV traded up $2.08 during trading hours on Thursday, hitting $219.42. The company had a trading volume of 1,018,517 shares, compared to its average volume of 1,447,996. The business has a 50 day moving average of $220.58 and a 200-day moving average of $201.45. The company has a market cap of $50.25 billion, a PE ratio of 16.30, a price-to-earnings-growth ratio of 1.11 and a beta of 0.60. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $232.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). The firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.62 billion. Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period last year, the company earned $4.11 earnings per share. As a group, equities research analysts expect that The Travelers Companies, Inc. will post 17.71 EPS for the current year.

Travelers Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 10th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.91%. This is a boost from Travelers Companies’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Friday, June 7th. Travelers Companies’s payout ratio is presently 31.20%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Jefferies Financial Group dropped their price objective on shares of Travelers Companies from $222.00 to $219.00 and set a “hold” rating for the company in a report on Friday, April 19th. Raymond James upped their price objective on Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a research report on Monday, January 22nd. Oppenheimer reiterated a “market perform” rating on shares of Travelers Companies in a report on Friday, April 5th. Royal Bank of Canada cut their price target on Travelers Companies from $230.00 to $225.00 and set a “sector perform” rating on the stock in a report on Thursday, April 18th. Finally, JPMorgan Chase & Co. boosted their price objective on Travelers Companies from $194.00 to $213.00 and gave the stock an “underweight” rating in a research report on Monday, April 8th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $223.47.

Insider Activity at Travelers Companies

In other news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the completion of the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the completion of the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Daniel S. Frey sold 5,000 shares of Travelers Companies stock in a transaction on Thursday, April 25th. The shares were sold at an average price of $212.90, for a total transaction of $1,064,500.00. Following the completion of the transaction, the chief financial officer now owns 18,515 shares in the company, valued at $3,941,843.50. The disclosure for this sale can be found here. Insiders sold a total of 18,635 shares of company stock worth $3,980,827 in the last 90 days. 1.33% of the stock is owned by insiders.

Travelers Companies Company Profile

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.