KCM Investment Advisors LLC Has $4.89 Million Stock Position in The Travelers Companies, Inc. $TRV

KCM Investment Advisors LLC grew its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 1.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 18,280 shares of the insurance provider’s stock after purchasing an additional 314 shares during the period. KCM Investment Advisors LLC’s holdings in Travelers Companies were worth $4,891,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of TRV. Vanguard Group Inc. raised its position in Travelers Companies by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 21,733,556 shares of the insurance provider’s stock worth $5,747,656,000 after purchasing an additional 115,808 shares during the last quarter. Valeo Financial Advisors LLC grew its position in shares of Travelers Companies by 71,265.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,616,826 shares of the insurance provider’s stock valued at $967,646,000 after buying an additional 3,611,758 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Travelers Companies by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,403,539 shares of the insurance provider’s stock valued at $899,988,000 after buying an additional 25,573 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Travelers Companies by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider’s stock worth $511,631,000 after acquiring an additional 390,104 shares during the last quarter. Finally, Bahl & Gaynor Inc. lifted its stake in shares of Travelers Companies by 41.2% in the first quarter. Bahl & Gaynor Inc. now owns 1,679,275 shares of the insurance provider’s stock worth $444,101,000 after acquiring an additional 490,039 shares during the period. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Up 1.2%

TRV stock opened at $279.52 on Friday. The stock’s 50 day simple moving average is $274.23 and its 200 day simple moving average is $268.74. The company has a market cap of $62.35 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 2.38 and a beta of 0.55. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.35 and a current ratio of 0.35. The Travelers Companies, Inc. has a fifty-two week low of $230.23 and a fifty-two week high of $287.95.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, October 16th. The insurance provider reported $8.14 EPS for the quarter, beating analysts’ consensus estimates of $6.01 by $2.13. Travelers Companies had a return on equity of 20.28% and a net margin of 12.14%.The firm had revenue of $11.47 billion during the quarter, compared to analysts’ expectations of $11.15 billion. During the same quarter last year, the firm posted $5.24 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. On average, research analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Wednesday, December 10th. Travelers Companies’s payout ratio is 17.30%.

Analysts Set New Price Targets

A number of analysts have weighed in on TRV shares. The Goldman Sachs Group reissued a “buy” rating on shares of Travelers Companies in a research report on Friday, October 17th. Cantor Fitzgerald upgraded shares of Travelers Companies to a “strong-buy” rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. lifted their target price on shares of Travelers Companies from $289.00 to $297.00 and gave the stock an “underweight” rating in a research note on Thursday, October 9th. Zacks Research raised shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Travelers Companies in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $291.31.

Insiders Place Their Bets

In other news, EVP Michael Frederick Klein sold 8,572 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $270.73, for a total transaction of $2,320,697.56. Following the completion of the sale, the executive vice president directly owned 33,638 shares of the company’s stock, valued at $9,106,815.74. The trade was a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mojgan M. Lefebvre sold 16,820 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $277.54, for a total transaction of $4,668,222.80. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 50,392 shares of company stock worth $13,945,170. Insiders own 1.46% of the company’s stock.

Travelers Companies 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.