Winfield Associates Inc. decreased its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 1.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,033 shares of the company’s stock after selling 100 shares during the period. Winfield Associates Inc.’s holdings in The Travelers Companies were worth $806,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Pitcairn Co. boosted its position in The Travelers Companies by 2.0% in the second quarter. Pitcairn Co. now owns 26,187 shares of the company’s stock worth $3,117,000 after buying an additional 523 shares during the period. Bank of Montreal Can purchased a new position in The Travelers Companies during the second quarter worth $374,228,000. Trust Co. of Toledo NA OH boosted its position in The Travelers Companies by 1.7% in the second quarter. Trust Co. of Toledo NA OH now owns 3,432 shares of the company’s stock worth $409,000 after buying an additional 58 shares during the period. Ledyard National Bank boosted its position in The Travelers Companies by 5.4% in the second quarter. Ledyard National Bank now owns 1,089 shares of the company’s stock worth $130,000 after buying an additional 56 shares during the period. Finally, Joel Isaacson & Co. LLC boosted its position in The Travelers Companies by 3.2% in the second quarter. Joel Isaacson & Co. LLC now owns 3,139 shares of the company’s stock worth $374,000 after buying an additional 98 shares during the period. 76.61% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for The Travelers Companies (NYSE:TRV)

Shares of The Travelers Companies, Inc. (NYSE:TRV) traded up 0.26% during trading on Friday, reaching $117.05. 1,543,846 shares of the company traded hands. The firm has a 50 day moving average of $118.88 and a 200 day moving average of $115.82. The stock has a market capitalization of $33.25 billion, a PE ratio of 11.87 and a beta of 1.03. The Travelers Companies, Inc. has a 52 week low of $101.23 and a 52 week high of $123.09.

The Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, October 20th. The company reported $2.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.27 by $0.13. The Travelers Companies had a return on equity of 12.11% and a net margin of 10.84%. The firm earned $6.96 billion during the quarter, compared to analyst estimates of $6.37 billion. During the same period in the previous year, the company earned $2.93 EPS. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, equities analysts predict that The Travelers Companies, Inc. will post $9.66 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Friday, December 9th were issued a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, December 7th. This represents a $2.68 annualized dividend and a yield of 2.29%. The Travelers Companies’s dividend payout ratio (DPR) is currently 27.29%.

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A number of research analysts recently weighed in on the stock. Goldman Sachs Group, Inc. (The) cut shares of The Travelers Companies from a “neutral” rating to a “sell” rating and lowered their target price for the company from $116.00 to $107.00 in a research note on Tuesday. Barclays PLC restated a “hold” rating and set a $117.00 target price on shares of The Travelers Companies in a research note on Monday. Atlantic Securities cut shares of The Travelers Companies from a “neutral” rating to an “underweight” rating and set a $110.00 target price on the stock. in a research note on Friday, January 6th. Morgan Stanley cut shares of The Travelers Companies from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $120.25 to $110.00 in a research note on Thursday, January 5th. They noted that the move was a valuation call. Finally, BMO Capital Markets upgraded shares of The Travelers Companies from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $120.00 to $135.00 in a research note on Monday, December 12th. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $118.00.

In related news, Vice Chairman William H. Heyman sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $114.00, for a total value of $114,000.00. Following the completion of the sale, the insider now directly owns 229,254 shares in the company, valued at approximately $26,134,956. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Philip T. Ruegger III bought 2,000 shares of The Travelers Companies stock in a transaction that occurred on Wednesday, November 9th. The stock was bought at an average price of $107.19 per share, with a total value of $214,380.00. Following the completion of the acquisition, the director now owns 22,443 shares in the company, valued at approximately $2,405,665.17. The disclosure for this purchase can be found here. 1.34% of the stock is owned by corporate insiders.

About The Travelers Companies

The Travelers Companies, Inc is a holding company. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. It operates through three segments: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance.

5 Day Chart for NYSE:TRV

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