The Travelers Companies, Inc. (NYSE:TRV) Stock Holdings Cut by Eagle Rock Investment Company LLC

Eagle Rock Investment Company LLC cut its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 18.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 13,311 shares of the insurance provider’s stock after selling 3,021 shares during the quarter. Eagle Rock Investment Company LLC’s holdings in Travelers Companies were worth $3,206,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of TRV. Meiji Yasuda Asset Management Co Ltd. raised its position in Travelers Companies by 4.4% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 11,341 shares of the insurance provider’s stock worth $2,306,000 after acquiring an additional 474 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Travelers Companies by 2.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 25,317 shares of the insurance provider’s stock worth $5,115,000 after purchasing an additional 659 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of Travelers Companies by 0.4% in the 2nd quarter. Blair William & Co. IL now owns 33,878 shares of the insurance provider’s stock worth $6,889,000 after purchasing an additional 137 shares in the last quarter. Sienna Gestion acquired a new stake in Travelers Companies during the second quarter valued at approximately $5,411,000. Finally, Paces Ferry Wealth Advisors LLC boosted its holdings in Travelers Companies by 13.0% during the second quarter. Paces Ferry Wealth Advisors LLC now owns 1,003 shares of the insurance provider’s stock worth $204,000 after buying an additional 115 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Insider Buying and Selling

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the sale, the executive vice president now owns 111,162 shares of the company’s stock, valued at $29,102,211.60. The trade was a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman William H. Heyman sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $260.55, for a total value of $781,650.00. Following the sale, the insider now owns 250,384 shares of the company’s stock, valued at approximately $65,237,551.20. This trade represents a 1.18 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 78,149 shares of company stock worth $20,295,856. Insiders own 1.33% of the company’s stock.

Travelers Companies Price Performance

Shares of NYSE:TRV opened at $242.54 on Friday. The firm has a market cap of $55.06 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.01 and a beta of 0.65. The Travelers Companies, Inc. has a 1 year low of $195.57 and a 1 year high of $269.55. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $250.11 and a 200 day simple moving average of $235.43.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.79 by $1.45. The company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.46 billion. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period last year, the business earned $1.95 EPS. As a group, sell-side analysts predict that The Travelers Companies, Inc. will post 18.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

TRV has been the topic of several research reports. HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Tuesday, December 10th. Roth Mkm boosted their target price on Travelers Companies from $240.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. UBS Group increased their price target on Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a report on Thursday, January 9th. Finally, Bank of America raised their target price on shares of Travelers Companies from $241.00 to $265.00 and gave the stock an “underperform” rating in a report on Thursday, October 17th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average target price of $254.65.

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.