Tiaa Fsb decreased its position in Travelers Companies Inc (NYSE:TRV) by 0.9% during the third quarter, HoldingsChannel reports. The firm owned 129,632 shares of the insurance provider’s stock after selling 1,117 shares during the quarter. Tiaa Fsb’s holdings in Travelers Companies were worth $16,814,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Moody Aldrich Partners LLC bought a new position in Travelers Companies in the 2nd quarter worth about $74,138,000. Squar Milner Financial Services LLC bought a new position in Travelers Companies in the 2nd quarter worth about $100,000. Landaas & Co. WI ADV bought a new position in Travelers Companies in the 2nd quarter worth about $108,000. Acadian Asset Management LLC bought a new position in Travelers Companies in the 2nd quarter worth about $112,000. Finally, American National Bank bought a new position in Travelers Companies in the 2nd quarter worth about $117,000. Institutional investors own 78.62% of the company’s stock.

In other news, EVP Andy F. Bessette sold 8,892 shares of the company’s stock in a transaction dated Friday, August 17th. The shares were sold at an average price of $130.78, for a total transaction of $1,162,895.76. Following the completion of the sale, the executive vice president now owns 10,551 shares of the company’s stock, valued at approximately $1,379,859.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Jay S. Benet sold 8,876 shares of the company’s stock in a transaction dated Tuesday, August 21st. The shares were sold at an average price of $132.00, for a total transaction of $1,171,632.00. Following the sale, the insider now directly owns 94,176 shares of the company’s stock, valued at approximately $12,431,232. The disclosure for this sale can be found here. 0.80% of the stock is owned by corporate insiders.

A number of equities analysts recently issued reports on TRV shares. Citigroup upped their price target on shares of Travelers Companies from $144.00 to $149.00 and gave the stock a “buy” rating in a research note on Monday, July 30th. TheStreet raised Travelers Companies from a “c+” rating to a “b” rating in a research report on Thursday, August 30th. Credit Suisse Group assumed coverage on Travelers Companies in a research report on Tuesday, August 7th. They issued a “neutral” rating and a $141.00 target price for the company. Zacks Investment Research raised Travelers Companies from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Finally, Barclays decreased their target price on Travelers Companies from $140.00 to $135.00 and set an “equal weight” rating for the company in a research report on Monday, July 9th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company’s stock. Travelers Companies has an average rating of “Hold” and a consensus price target of $136.93.

Shares of NYSE:TRV opened at $125.14 on Friday. Travelers Companies Inc has a fifty-two week low of $120.74 and a fifty-two week high of $150.55. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $33.85 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 1.00 and a beta of 1.25.

Travelers Companies (NYSE:TRV) last issued its earnings results on Thursday, October 18th. The insurance provider reported $2.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.26 by $0.28. Travelers Companies had a return on equity of 8.84% and a net margin of 6.89%. The business had revenue of $6.88 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same quarter in the previous year, the firm earned $0.91 EPS. Travelers Companies’s revenue was up 5.5% on a year-over-year basis. Sell-side analysts forecast that Travelers Companies Inc will post 9.95 earnings per share for the current year.

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.

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

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