Donaldson Capital Management LLC Buys 57 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Donaldson Capital Management LLC boosted its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 3.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,845 shares of the insurance provider’s stock after purchasing an additional 57 shares during the quarter. Donaldson Capital Management LLC’s holdings in Travelers Companies were worth $425,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in Travelers Companies during the fourth quarter worth $282,593,000. Clearbridge Investments LLC lifted its position in shares of Travelers Companies by 15.8% during the third quarter. Clearbridge Investments LLC now owns 4,575,759 shares of the insurance provider’s stock valued at $747,267,000 after buying an additional 623,974 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Travelers Companies by 1,826.3% during the third quarter. Jacobs Levy Equity Management Inc. now owns 512,714 shares of the insurance provider’s stock valued at $83,731,000 after buying an additional 486,098 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Travelers Companies by 19,918.1% in the 4th quarter. International Assets Investment Management LLC now owns 475,830 shares of the insurance provider’s stock worth $90,641,000 after buying an additional 473,453 shares during the last quarter. Finally, Boston Partners raised its stake in shares of Travelers Companies by 42.5% during the 4th quarter. Boston Partners now owns 1,192,008 shares of the insurance provider’s stock worth $227,175,000 after acquiring an additional 355,489 shares in the last quarter. 82.45% of the stock is owned by institutional investors.

Travelers Companies Stock Performance

TRV stock traded down $0.54 during midday trading on Friday, hitting $213.45. 1,706,046 shares of the stock traded hands, compared to its average volume of 1,389,936. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $232.75. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The stock’s fifty day simple moving average is $221.50 and its 200-day simple moving average is $198.41. The firm has a market cap of $48.88 billion, a P/E ratio of 15.86, a PEG ratio of 1.11 and a beta of 0.58.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). The company had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.62 billion. Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. Travelers Companies’s revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the business posted $4.11 EPS. On average, analysts expect that The Travelers Companies, Inc. will post 17.74 earnings per share for the current year.

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be paid a dividend of $1.05 per share. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Friday, June 7th. Travelers Companies’s payout ratio is 29.72%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of Travelers Companies from $194.00 to $213.00 and gave the company an “underweight” rating in a research note on Monday, April 8th. HSBC boosted their target price on Travelers Companies from $218.00 to $240.00 and gave the stock a “hold” rating in a research note on Thursday, April 4th. Oppenheimer reiterated a “market perform” rating on shares of Travelers Companies in a research note on Friday, April 5th. Evercore ISI dropped their price target on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, April 18th. Finally, UBS Group decreased their price objective on shares of Travelers Companies from $237.00 to $230.00 and set a “neutral” rating for the company in a research report on Monday, April 22nd. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $223.47.

Insider Buying and Selling at Travelers Companies

In related news, CFO Daniel S. Frey sold 38,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the completion of the sale, the chief financial officer now directly owns 14,810 shares in the company, valued at $3,147,865.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Daniel S. Frey sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total value of $1,064,500.00. Following the completion of the sale, the chief financial officer now directly owns 18,515 shares in the company, valued at $3,941,843.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Daniel S. Frey sold 38,000 shares of Travelers Companies stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total value of $8,076,900.00. Following the transaction, the chief financial officer now owns 14,810 shares in the company, valued at approximately $3,147,865.50. The disclosure for this sale can be found here. Insiders sold 80,734 shares of company stock valued at $17,208,404 over the last quarter. 1.33% of the stock is currently owned by insiders.

Travelers Companies Company Profile

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.