The Travelers Companies, Inc. (NYSE:TRV) EVP Andy F. Bessette sold 2,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $132.98, for a total transaction of $265,960.00. Following the transaction, the executive vice president now owns 8,000 shares in the company, valued at approximately $1,063,840. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of The Travelers Companies, Inc. (NYSE TRV) opened at $129.92 on Friday. The Travelers Companies, Inc. has a one year low of $110.82 and a one year high of $135.71. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.29. The stock has a market cap of $35,800.00, a price-to-earnings ratio of 16.34, a PEG ratio of 2.52 and a beta of 1.26.

The Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, October 19th. The insurance provider reported $0.91 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.10 by ($1.19). The Travelers Companies had a return on equity of 9.87% and a net margin of 8.56%. The firm had revenue of $6.66 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the previous year, the company earned $2.40 EPS. The business’s revenue was up 4.2% compared to the same quarter last year. research analysts expect that The Travelers Companies, Inc. will post 7.09 earnings per share for the current year.

The Travelers Companies announced that its board has initiated a stock buyback program on Monday, September 11th that permits the company to repurchase shares. This repurchase authorization permits the insurance provider to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 11th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, December 8th. This represents a $2.88 annualized dividend and a dividend yield of 2.22%. The Travelers Companies’s payout ratio is 33.29%.

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TRV has been the topic of a number of research reports. Zacks Investment Research downgraded shares of The Travelers Companies from a “hold” rating to a “sell” rating in a research report on Tuesday, September 5th. ValuEngine upgraded shares of The Travelers Companies from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Credit Suisse Group dropped their target price on shares of The Travelers Companies from $128.00 to $125.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 12th. Citigroup Inc. boosted their target price on shares of The Travelers Companies from $143.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, UBS AG dropped their target price on shares of The Travelers Companies from $126.00 to $125.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 19th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company. The Travelers Companies currently has an average rating of “Hold” and an average price target of $128.54.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Tradewinds Capital Management LLC grew its stake in shares of The Travelers Companies by 1.1% in the 2nd quarter. Tradewinds Capital Management LLC now owns 905 shares of the insurance provider’s stock worth $115,000 after acquiring an additional 10 shares in the last quarter. Community Bank N.A. grew its position in The Travelers Companies by 0.7% during the second quarter. Community Bank N.A. now owns 1,435 shares of the insurance provider’s stock valued at $181,000 after buying an additional 10 shares during the period. First Business Financial Services Inc. grew its position in The Travelers Companies by 0.5% during the second quarter. First Business Financial Services Inc. now owns 4,362 shares of the insurance provider’s stock valued at $552,000 after buying an additional 20 shares during the period. Northern Oak Wealth Management Inc. grew its position in The Travelers Companies by 0.5% during the first quarter. Northern Oak Wealth Management Inc. now owns 4,873 shares of the insurance provider’s stock valued at $587,000 after buying an additional 23 shares during the period. Finally, Lee Danner & Bass Inc. grew its position in The Travelers Companies by 0.4% during the second quarter. Lee Danner & Bass Inc. now owns 6,574 shares of the insurance provider’s stock valued at $832,000 after buying an additional 24 shares during the period. Hedge funds and other institutional investors own 77.63% of the company’s stock.

The Travelers Companies Company Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

Insider Buying and Selling by Quarter for The Travelers Companies (NYSE:TRV)

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