The Travelers Companies, Inc. $TRV Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 86.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 738,901 shares of the insurance provider’s stock after acquiring an additional 342,666 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Travelers Companies were worth $197,686,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BSW Wealth Partners boosted its position in shares of Travelers Companies by 2.6% during the 2nd quarter. BSW Wealth Partners now owns 6,649 shares of the insurance provider’s stock worth $1,779,000 after acquiring an additional 166 shares in the last quarter. USA Financial Formulas acquired a new position in shares of Travelers Companies during the 2nd quarter worth about $868,000. Mountain Pacific Investment Advisers LLC boosted its position in shares of Travelers Companies by 2.7% during the 2nd quarter. Mountain Pacific Investment Advisers LLC now owns 1,870 shares of the insurance provider’s stock worth $500,000 after acquiring an additional 50 shares in the last quarter. Heritage Financial Services LLC acquired a new position in shares of Travelers Companies during the 2nd quarter worth about $201,000. Finally, First Pacific Financial boosted its position in shares of Travelers Companies by 34,717.8% during the 2nd quarter. First Pacific Financial now owns 15,668 shares of the insurance provider’s stock worth $4,192,000 after acquiring an additional 15,623 shares in the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TRV shares. Keefe, Bruyette & Woods boosted their target price on Travelers Companies from $304.00 to $316.00 and gave the company an “outperform” rating in a report on Friday, July 18th. Evercore ISI reissued an “outperform” rating on shares of Travelers Companies in a report on Wednesday. Citigroup started coverage on Travelers Companies in a report on Wednesday, August 13th. They issued a “neutral” rating and a $291.00 target price for the company. Cantor Fitzgerald raised Travelers Companies to a “strong-buy” rating in a report on Wednesday, August 13th. Finally, Wells Fargo & Company boosted their target price on Travelers Companies from $264.00 to $275.00 and gave the company an “equal weight” rating in a report on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $284.56.

Insider Activity at Travelers Companies

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

Travelers Companies Stock Down 0.6%

TRV opened at $277.46 on Thursday. The business has a 50 day moving average price of $270.77 and a two-hundred day moving average price of $265.18. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.27. The company has a market cap of $62.46 billion, a PE ratio of 12.27, a P/E/G ratio of 3.21 and a beta of 0.51. The Travelers Companies, Inc. has a 52 week low of $224.62 and a 52 week high of $280.70.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, July 17th. The insurance provider reported $6.51 EPS for the quarter, beating the consensus estimate of $3.52 by $2.99. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.02 billion. Travelers Companies had a return on equity of 18.68% and a net margin of 10.97%.The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.51 EPS. As a group, research analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders 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 dividend payout ratio is currently 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.