Acropolis Investment Management LLC decreased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 6.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,891 shares of the insurance provider’s stock after selling 1,450 shares during the period. The Travelers Companies makes up about 0.5% of Acropolis Investment Management LLC’s holdings, making the stock its 21st largest position. Acropolis Investment Management LLC’s holdings in The Travelers Companies were worth $2,896,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of The Travelers Companies by 3.0% in the first quarter. Vanguard Group Inc. now owns 21,551,932 shares of the insurance provider’s stock valued at $2,597,871,000 after buying an additional 633,510 shares during the period. BlackRock Inc. increased its position in shares of The Travelers Companies by 2,395.6% in the first quarter. BlackRock Inc. now owns 20,403,051 shares of the insurance provider’s stock valued at $2,459,383,000 after buying an additional 19,585,476 shares during the period. State Street Corp increased its position in shares of The Travelers Companies by 1.6% in the first quarter. State Street Corp now owns 18,949,803 shares of the insurance provider’s stock valued at $2,284,205,000 after buying an additional 304,049 shares during the period. FMR LLC increased its position in shares of The Travelers Companies by 42.1% in the first quarter. FMR LLC now owns 6,596,545 shares of the insurance provider’s stock valued at $795,148,000 after buying an additional 1,954,573 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of The Travelers Companies by 9.4% in the first quarter. AQR Capital Management LLC now owns 3,026,207 shares of the insurance provider’s stock valued at $364,779,000 after buying an additional 260,838 shares during the period. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Shares of The Travelers Companies, Inc. (TRV) traded up 0.08% during mid-day trading on Tuesday, reaching $128.89. 350,195 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $127.16 and a 200-day moving average price of $123.29. The stock has a market cap of $35.57 billion, a PE ratio of 12.84 and a beta of 1.20. The Travelers Companies, Inc. has a one year low of $103.45 and a one year high of $130.36.

The Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Thursday, July 20th. The insurance provider reported $1.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.07 by $0.15. The Travelers Companies had a net margin of 10.15% and a return on equity of 11.68%. The firm had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.31 billion. During the same quarter in the previous year, the firm posted $2.20 EPS. The Travelers Companies’s revenue was up 4.7% compared to the same quarter last year. On average, analysts predict that The Travelers Companies, Inc. will post $8.90 EPS for the current year.

The Travelers Companies declared that its board has initiated a share repurchase plan on Thursday, April 20th that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the insurance provider to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 8th will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, September 7th. The Travelers Companies’s payout ratio is 28.77%.

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Several research analysts have recently issued reports on the stock. BidaskClub downgraded shares of The Travelers Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Vetr upgraded shares of The Travelers Companies from a “hold” rating to a “buy” rating and set a $132.68 price target for the company in a report on Tuesday, June 27th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $115.00 price target on shares of The Travelers Companies in a report on Thursday, May 25th. Barclays PLC upped their price target on shares of The Travelers Companies from $119.00 to $122.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Bank of America Corporation downgraded shares of The Travelers Companies from a “buy” rating to a “neutral” rating and upped their price target for the stock from $120.62 to $129.44 in a report on Monday, June 19th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The Travelers Companies presently has an average rating of “Hold” and a consensus target price of $124.01.

In other The Travelers Companies news, Vice Chairman William H. Heyman sold 8,000 shares of the business’s stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $124.38, for a total value of $995,040.00. Following the transaction, the insider now owns 241,744 shares in the company, valued at $30,068,118.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 7,000 shares of the business’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $123.48, for a total transaction of $864,360.00. Following the completion of the transaction, the insider now owns 246,744 shares in the company, valued at approximately $30,467,949.12. The disclosure for this sale can be found here. Insiders sold 189,503 shares of company stock worth $24,085,032 in the last 90 days. Corporate insiders own 0.82% of the company’s stock.

The Travelers Companies Company Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

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Institutional Ownership by Quarter for The Travelers Companies (NYSE:TRV)

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