Hantz Financial Services Inc. Sells 1,420 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Hantz Financial Services Inc. trimmed its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 3.8% during the 4th quarter, HoldingsChannel reports. The fund owned 36,309 shares of the insurance provider’s stock after selling 1,420 shares during the quarter. Hantz Financial Services Inc.’s holdings in Travelers Companies were worth $8,746,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in TRV. Ledyard National Bank lifted its stake in Travelers Companies by 1.9% during the third quarter. Ledyard National Bank now owns 2,067 shares of the insurance provider’s stock worth $484,000 after purchasing an additional 39 shares during the period. Trueblood Wealth Management LLC raised its holdings in shares of Travelers Companies by 2.3% in the 3rd quarter. Trueblood Wealth Management LLC now owns 1,807 shares of the insurance provider’s stock worth $423,000 after buying an additional 41 shares in the last quarter. Cornell Pochily Investment Advisors Inc. lifted its position in shares of Travelers Companies by 2.9% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 1,499 shares of the insurance provider’s stock worth $351,000 after buying an additional 42 shares during the period. Salem Investment Counselors Inc. boosted its stake in Travelers Companies by 5.1% in the 4th quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider’s stock valued at $218,000 after buying an additional 44 shares in the last quarter. Finally, Willner & Heller LLC grew its position in Travelers Companies by 4.1% in the third quarter. Willner & Heller LLC now owns 1,146 shares of the insurance provider’s stock valued at $268,000 after acquiring an additional 45 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group upped their target price on shares of Travelers Companies from $210.00 to $235.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. HSBC raised shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Tuesday, December 10th. UBS Group increased their price target on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company increased their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a report on Thursday, January 23rd. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and an average target price of $260.47.

Travelers Companies Trading Up 0.6 %

NYSE TRV opened at $249.85 on Thursday. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55. The stock has a 50-day simple moving average of $247.48 and a 200 day simple moving average of $238.07. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $56.72 billion, a PE ratio of 11.64, a P/E/G ratio of 1.09 and a beta of 0.65.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The business had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same period last year, the company posted $7.01 EPS. Travelers Companies’s revenue for the quarter was up 9.9% on a year-over-year basis. Research analysts forecast that The Travelers Companies, Inc. will post 20.33 EPS for the current year.

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be issued a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.68%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Insider Activity

In related news, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 111,162 shares in the company, valued at approximately $29,102,211.60. The trade was a 8.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $264.80, for a total transaction of $990,352.00. Following the sale, the insider now owns 250,384 shares in the company, valued at $66,301,683.20. This trade represents a 1.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.33% of the stock is owned by company insiders.

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.