First Financial Bank Trust Division Has $223,000 Stock Position in The Travelers Companies, Inc. $TRV

First Financial Bank Trust Division lowered its position in The Travelers Companies, Inc. (NYSE:TRV) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 833 shares of the insurance provider’s stock after selling 46 shares during the period. First Financial Bank Trust Division’s holdings in Travelers Companies were worth $223,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. PFG Advisors grew its position in Travelers Companies by 108.8% in the 1st quarter. PFG Advisors now owns 4,255 shares of the insurance provider’s stock valued at $1,125,000 after purchasing an additional 2,217 shares during the period. Greatmark Investment Partners Inc. raised its holdings in Travelers Companies by 3.0% during the first quarter. Greatmark Investment Partners Inc. now owns 60,953 shares of the insurance provider’s stock worth $16,120,000 after buying an additional 1,772 shares during the last quarter. Portside Wealth Group LLC bought a new position in shares of Travelers Companies in the first quarter valued at $208,000. Atlas Capital Advisors Inc. grew its holdings in shares of Travelers Companies by 890.9% during the first quarter. Atlas Capital Advisors Inc. now owns 4,558 shares of the insurance provider’s stock valued at $1,205,000 after buying an additional 4,098 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in shares of Travelers Companies by 47.3% during the first quarter. Concurrent Investment Advisors LLC now owns 5,305 shares of the insurance provider’s stock worth $1,403,000 after acquiring an additional 1,703 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

NYSE TRV opened at $278.83 on Friday. The company has a market capitalization of $62.77 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 3.21 and a beta of 0.53. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.33 and a current ratio of 0.33. The Travelers Companies, Inc. has a 52-week low of $224.62 and a 52-week high of $280.70. The company has a 50-day simple moving average of $266.13 and a 200 day simple moving average of $263.48.

Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, July 17th. The insurance provider reported $6.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.52 by $2.99. The firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.02 billion. Travelers Companies had a net margin of 10.97% and a return on equity of 18.68%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.51 earnings per share. On average, research analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $4.40 annualized dividend and a yield of 1.6%. Travelers Companies’s dividend payout ratio (DPR) is 19.46%.

Insider Transactions at Travelers Companies

In other news, EVP Gregory C. Toczydlowski sold 11,505 shares of the business’s stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $266.12, for a total value of $3,061,710.60. Following the sale, the executive vice president owned 18,416 shares of the company’s stock, valued at $4,900,865.92. The trade was a 38.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mojgan M. Lefebvre sold 16,820 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $277.54, for a total transaction of $4,668,222.80. The disclosure for this sale can be found here. Insiders own 1.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on TRV shares. Cantor Fitzgerald raised shares of Travelers Companies to a “strong-buy” rating in a research report on Wednesday, August 13th. Barclays lowered Travelers Companies from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $280.00 to $274.00 in a report on Monday, July 7th. Morgan Stanley set a $269.00 price target on Travelers Companies and gave the stock an “equal weight” rating in a report on Monday, May 19th. Wall Street Zen lowered Travelers Companies from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Travelers Companies from $304.00 to $316.00 and gave the stock an “outperform” rating in a report on Friday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $284.56.

About Travelers Companies

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.