The Travelers Companies, Inc. (NYSE:TRV) Holdings Decreased by LVW Advisors LLC

LVW Advisors LLC decreased its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 12.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,574 shares of the insurance provider’s stock after selling 364 shares during the quarter. LVW Advisors LLC’s holdings in Travelers Companies were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwest Financial Advisors acquired a new stake in shares of Travelers Companies in the fourth quarter worth about $32,000. Pathway Financial Advisers LLC acquired a new position in shares of Travelers Companies during the 1st quarter worth about $35,000. Beacon Capital Management LLC raised its holdings in Travelers Companies by 74.2% in the 1st quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 66 shares in the last quarter. Private Wealth Management Group LLC acquired a new position in Travelers Companies in the 4th quarter valued at approximately $39,000. Finally, OLD Second National Bank of Aurora acquired a new position in Travelers Companies in the 4th quarter valued at approximately $41,000. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TRV shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $225.00 price target on shares of Travelers Companies in a report on Monday, July 22nd. TD Cowen lowered Travelers Companies from a “buy” rating to a “hold” rating and lowered their price objective for the company from $252.00 to $230.00 in a research note on Monday, July 15th. Deutsche Bank Aktiengesellschaft upped their price objective on Travelers Companies from $221.00 to $234.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Roth Mkm reiterated a “buy” rating and issued a $240.00 price objective on shares of Travelers Companies in a research note on Thursday, April 18th. Finally, Jefferies Financial Group lowered their price objective on Travelers Companies from $222.00 to $219.00 and set a “hold” rating on the stock in a research note on Friday, April 19th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $223.78.

Travelers Companies Trading Down 0.2 %

Shares of TRV stock traded down $0.43 during trading hours on Tuesday, reaching $209.30. The company had a trading volume of 292,101 shares, compared to its average volume of 1,366,111. The company has a 50 day moving average of $209.50 and a 200 day moving average of $215.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a market cap of $47.93 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 1.08 and a beta of 0.61. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $232.75.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Friday, July 19th. The insurance provider reported $2.51 earnings per share for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.72). The company had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.35 billion. Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period last year, the company earned $0.06 EPS. On average, equities research analysts anticipate that The Travelers Companies, Inc. will post 17.19 EPS for the current year.

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date is Tuesday, September 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 31.20%.

Insiders Place Their Bets

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $211.44, for a total transaction of $2,114,400.00. Following the completion of the transaction, the executive vice president now owns 22,798 shares in the company, valued at approximately $4,820,409.12. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.33% of the company’s stock.

About Travelers Companies

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.