FDx Advisors Inc. reduced its position in The Travelers Companies, Inc. (NYSE:TRV) by 3.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,682 shares of the insurance provider’s stock after selling 578 shares during the period. FDx Advisors Inc.’s holdings in The Travelers Companies were worth $1,799,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Bessemer Group Inc. boosted its position in The Travelers Companies by 21.1% in the 3rd quarter. Bessemer Group Inc. now owns 121,371 shares of the insurance provider’s stock valued at $14,870,000 after buying an additional 21,130 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in The Travelers Companies by 2.6% in the 3rd quarter. GHP Investment Advisors Inc. now owns 29,099 shares of the insurance provider’s stock valued at $3,565,000 after buying an additional 740 shares during the last quarter. Smithfield Trust Co. boosted its position in The Travelers Companies by 69.2% in the 3rd quarter. Smithfield Trust Co. now owns 2,183 shares of the insurance provider’s stock valued at $268,000 after buying an additional 893 shares during the last quarter. Sandy Spring Bank boosted its position in The Travelers Companies by 82.1% in the 3rd quarter. Sandy Spring Bank now owns 1,948 shares of the insurance provider’s stock valued at $239,000 after buying an additional 878 shares during the last quarter. Finally, Bradley Foster & Sargent Inc. CT boosted its position in The Travelers Companies by 9.5% in the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 36,165 shares of the insurance provider’s stock valued at $4,431,000 after buying an additional 3,151 shares during the last quarter. 77.63% of the stock is owned by institutional investors.

Shares of The Travelers Companies, Inc. (NYSE:TRV) traded up $1.01 during midday trading on Monday, reaching $135.54. 2,107,100 shares of the company’s stock were exchanged, compared to its average volume of 1,481,086. 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 Travelers Companies, Inc. has a 1 year low of $109.10 and a 1 year high of $135.71. The company has a market capitalization of $37,096.74, a PE ratio of 16.55, a P/E/G ratio of 2.50 and a beta of 1.26.

The Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Thursday, October 19th. The insurance provider reported $0.91 EPS for the quarter, missing the consensus estimate of $2.10 by ($1.19). The Travelers Companies had a net margin of 8.56% and a return on equity of 9.87%. The firm had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the previous year, the business posted $2.40 EPS. The Travelers Companies’s revenue for the quarter was up 4.2% compared to the same quarter last year. research analysts anticipate that The Travelers Companies, Inc. will post 7.23 earnings per share for the current year.

The Travelers Companies announced that its Board of Directors has approved a stock repurchase plan on Monday, September 11th that permits the company to repurchase outstanding shares. This repurchase authorization permits the insurance provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 11th will be paid a $0.72 dividend. The ex-dividend date is Friday, December 8th. This represents a $2.88 annualized dividend and a dividend yield of 2.12%. The Travelers Companies’s payout ratio is currently 33.45%.

TRV has been the subject of a number of analyst reports. Zacks Investment Research cut shares of The Travelers Companies from a “hold” rating to a “sell” rating in a research report on Tuesday, September 5th. ValuEngine raised shares of The Travelers Companies from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Credit Suisse Group reduced their price target 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. increased their price target on shares of The Travelers Companies from $143.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, October 20th. Finally, UBS AG reduced their price target 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. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The Travelers Companies currently has a consensus rating of “Hold” and an average target price of $128.54.

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The Travelers Companies 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.

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

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