The Travelers Companies, Inc. (NYSE:TRV) Given Average Recommendation of “Hold” by Analysts

Shares of The Travelers Companies, Inc. (NYSE:TRV) have earned a consensus rating of “Hold” from the twenty-one analysts that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $290.1111.

Several equities analysts recently issued reports on TRV shares. UBS Group boosted their price target on shares of Travelers Companies from $284.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday. Citigroup assumed coverage on shares of Travelers Companies in a research note on Wednesday, August 13th. They set a “neutral” rating and a $291.00 price objective on the stock. Wolfe Research assumed coverage on shares of Travelers Companies in a research note on Monday, September 15th. They set a “peer perform” rating on the stock. Wall Street Zen raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Wells Fargo & Company boosted their price objective on shares of Travelers Companies from $275.00 to $291.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 8th.

Insider Activity

In other news, 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 value of $4,668,222.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Gregory C. Toczydlowski sold 11,505 shares of the company’s stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $266.12, for a total transaction of $3,061,710.60. Following the completion of the transaction, the executive vice president owned 18,416 shares in the company, valued at approximately $4,900,865.92. This represents a 38.45% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.46% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC lifted its stake in shares of Travelers Companies by 700.0% in the first quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider’s stock worth $25,000 after buying an additional 84 shares in the last quarter. Osterweis Capital Management Inc. lifted its stake in shares of Travelers Companies by 1,820.0% in the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock worth $26,000 after buying an additional 91 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of Travelers Companies in the first quarter worth approximately $26,000. Missouri Trust & Investment Co raised its holdings in shares of Travelers Companies by 122.2% during the second quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 55 shares during the last quarter. Finally, Delos Wealth Advisors LLC purchased a new position in shares of Travelers Companies during the second quarter valued at approximately $27,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $269.92 on Wednesday. Travelers Companies has a 1 year low of $230.23 and a 1 year high of $287.95. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.33 and a quick ratio of 0.33. The company’s 50-day moving average is $273.66 and its 200 day moving average is $266.18. The stock has a market capitalization of $60.77 billion, a P/E ratio of 11.94, a P/E/G ratio of 3.08 and a beta of 0.51.

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

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $4.40 annualized dividend and a yield of 1.6%. Travelers Companies’s payout ratio is presently 19.46%.

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.