5,436 Shares in The Travelers Companies, Inc. $TRV Purchased by Churchill Financial Advisors LLC

Churchill Financial Advisors LLC bought a new position in The Travelers Companies, Inc. (NYSE:TRV) during the 4th quarter, Holdings Channel.com reports. The fund bought 5,436 shares of the insurance provider’s stock, valued at approximately $1,577,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Osterweis Capital Management Inc. boosted its position in Travelers Companies by 1,820.0% in the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 91 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Travelers Companies in the fourth quarter worth about $28,000. Entrust Financial LLC purchased a new position in Travelers Companies in the fourth quarter worth about $31,000. Navalign LLC purchased a new position in Travelers Companies in the fourth quarter worth about $35,000. Finally, eCIO Inc. purchased a new position in Travelers Companies in the fourth quarter worth about $37,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Travelers Companies Stock Up 0.1%

TRV stock opened at $306.67 on Monday. The Travelers Companies, Inc. has a twelve month low of $249.19 and a twelve month high of $313.12. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29. The stock has a market cap of $65.21 billion, a P/E ratio of 9.12, a PEG ratio of 2.76 and a beta of 0.50. The business’s 50-day moving average price is $299.45 and its 200-day moving average price is $293.05.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, April 16th. The insurance provider reported $7.71 earnings per share for the quarter, beating analysts’ consensus estimates of $6.80 by $0.91. Travelers Companies had a return on equity of 24.06% and a net margin of 15.54%.The firm had revenue of $11.92 billion for the quarter, compared to analysts’ expectations of $11.11 billion. During the same period in the previous year, the firm earned $1.91 EPS. The business’s quarterly revenue was down 1.7% on a year-over-year basis. On average, equities research analysts forecast that The Travelers Companies, Inc. will post 28.03 EPS for the current year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 10th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, June 10th. This is an increase from Travelers Companies’s previous quarterly dividend of $1.10. Travelers Companies’s payout ratio is presently 13.09%.

Insider Buying and Selling

In related news, EVP Jeffrey P. Klenk sold 6,414 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $305.06, for a total value of $1,956,654.84. Following the transaction, the executive vice president directly owned 6,075 shares of the company’s stock, valued at approximately $1,853,239.50. The trade was a 51.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman William H. Heyman sold 1,557 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $310.64, for a total value of $483,666.48. Following the completion of the transaction, the insider directly owned 259,590 shares in the company, valued at approximately $80,639,037.60. This represents a 0.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,573 shares of company stock worth $8,427,646 in the last quarter. 1.39% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on TRV shares. Barclays raised their target price on Travelers Companies from $312.00 to $331.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Brean Capital began coverage on Travelers Companies in a research report on Thursday, March 12th. They issued a “neutral” rating on the stock. Wells Fargo & Company lifted their price objective on Travelers Companies from $285.00 to $305.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. Evercore reaffirmed an “outperform” rating on shares of Travelers Companies in a research report on Friday, April 17th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Travelers Companies in a research report on Monday, February 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $309.13.

Travelers Companies Company Profile

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.