The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. lessened its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,927 shares of the insurance provider’s stock after selling 200 shares during the quarter. Valley Brook Capital Group Inc.’s holdings in Travelers Companies were worth $367,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its holdings in Travelers Companies by 11.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 73,560 shares of the insurance provider’s stock valued at $12,013,000 after purchasing an additional 7,811 shares in the last quarter. Brown Advisory Inc. lifted its holdings in Travelers Companies by 0.7% during the third quarter. Brown Advisory Inc. now owns 35,410 shares of the insurance provider’s stock valued at $5,783,000 after purchasing an additional 232 shares in the last quarter. JB Capital LLC lifted its holdings in Travelers Companies by 6.2% during the third quarter. JB Capital LLC now owns 4,114 shares of the insurance provider’s stock valued at $672,000 after purchasing an additional 239 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in Travelers Companies by 38.3% during the third quarter. Verdence Capital Advisors LLC now owns 22,824 shares of the insurance provider’s stock valued at $3,727,000 after purchasing an additional 6,319 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Travelers Companies by 4.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 100,263 shares of the insurance provider’s stock valued at $16,374,000 after purchasing an additional 3,994 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, CFO Daniel S. Frey sold 38,000 shares of Travelers Companies stock in a transaction dated Tuesday, February 6th. The shares were 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 SEC, which is available through this hyperlink. In related news, EVP Michael Frederick Klein sold 10,000 shares of Travelers Companies stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total value of $2,139,600.00. Following the completion of the transaction, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the completion of the transaction, the chief financial officer now owns 14,810 shares of the company’s stock, valued at approximately $3,147,865.50. The disclosure for this sale can be found here. Insiders sold a total of 56,635 shares of company stock worth $12,057,727 over the last three months. Insiders own 1.33% of the company’s stock.

Travelers Companies Trading Down 0.2 %

TRV stock traded down $0.52 during trading on Friday, reaching $213.85. 1,298,445 shares of the stock were exchanged, compared to its average volume of 1,525,222. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $220.82 and a 200-day moving average price of $200.58. The Travelers Companies, Inc. has a 1 year low of $157.33 and a 1 year high of $232.75. The firm has a market capitalization of $48.97 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 1.11 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.62 billion. During the same quarter in the prior year, the business earned $4.11 earnings per share. Travelers Companies’s revenue was up 15.7% on a year-over-year basis. On average, research analysts predict that The Travelers Companies, Inc. will post 17.71 earnings per share for the current year.

Travelers Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Friday, June 7th. This is a boost from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.96%. Travelers Companies’s dividend payout ratio (DPR) is currently 29.72%.

Analyst Ratings Changes

TRV has been the topic of several recent analyst reports. JMP Securities reaffirmed a “market perform” rating on shares of Travelers Companies in a report on Friday, April 19th. Morgan Stanley raised their price target on shares of Travelers Companies from $222.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, April 15th. Roth Mkm reissued a “buy” rating and issued a $240.00 price target on shares of Travelers Companies in a research note on Thursday, April 18th. Keefe, Bruyette & Woods decreased their price target on shares of Travelers Companies from $241.00 to $231.00 and set a “market perform” rating on the stock in a research note on Thursday, April 18th. Finally, Evercore ISI decreased their price target on shares of Travelers Companies from $253.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, April 18th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $223.47.

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.