Talbot Financial LLC Has $14.22 Million Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Talbot Financial LLC raised its stake in The Travelers Companies, Inc. (NYSE:TRV) by 1.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,805 shares of the insurance provider’s stock after acquiring an additional 1,163 shares during the period. Travelers Companies makes up about 1.9% of Talbot Financial LLC’s portfolio, making the stock its 18th biggest holding. Talbot Financial LLC’s holdings in Travelers Companies were worth $14,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wealth Quarterback LLC grew its position in Travelers Companies by 1.1% during the 4th quarter. Wealth Quarterback LLC now owns 4,333 shares of the insurance provider’s stock worth $825,000 after acquiring an additional 49 shares during the last quarter. Kapitalo Investimentos Ltda grew its position in Travelers Companies by 24.1% during the 4th quarter. Kapitalo Investimentos Ltda now owns 252 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 49 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in Travelers Companies by 9.8% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 561 shares of the insurance provider’s stock worth $129,000 after acquiring an additional 50 shares during the last quarter. Norwood Financial Corp grew its position in Travelers Companies by 16.1% during the 1st quarter. Norwood Financial Corp now owns 360 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 50 shares during the last quarter. Finally, Grimes & Company Inc. grew its position in Travelers Companies by 2.2% during the 4th quarter. Grimes & Company Inc. now owns 2,420 shares of the insurance provider’s stock worth $461,000 after acquiring an additional 53 shares during the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jeffrey P. Klenk sold 3,635 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $213.68, for a total value of $776,726.80. Following the sale, the executive vice president now owns 6,075 shares in the company, valued at approximately $1,298,106. The disclosure for this sale can be found here. Insiders have sold 18,635 shares of company stock worth $3,980,827 over the last 90 days. Corporate insiders own 1.33% of the company’s stock.

Wall Street Analysts Forecast Growth

TRV has been the topic of a number of analyst reports. William Blair reiterated a “market perform” rating on shares of Travelers Companies in a research report on Friday. JMP Securities reissued a “market perform” rating on shares of Travelers Companies in a research note on Friday, April 19th. StockNews.com downgraded Travelers Companies from a “buy” rating to a “hold” rating in a research note on Friday. Citigroup reissued a “sell” rating and issued a $200.00 price objective (down from $226.00) on shares of Travelers Companies in a research note on Friday. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Travelers Companies in a research note on Friday, April 5th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Travelers Companies has an average rating of “Hold” and a consensus price target of $221.12.

Travelers Companies Price Performance

Shares of TRV stock traded down $0.37 on Monday, reaching $202.97. The company’s stock had a trading volume of 1,243,921 shares, compared to its average volume of 1,393,131. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.32. The Travelers Companies, Inc. has a 12-month low of $157.33 and a 12-month high of $232.75. The company has a market capitalization of $46.48 billion, a P/E ratio of 15.08, a PEG ratio of 1.08 and a beta of 0.61. The stock’s 50 day simple moving average is $212.47 and its 200-day simple moving average is $211.70.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The business had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.62 billion. During the same quarter last year, the business posted $4.11 EPS. The company’s quarterly revenue was up 15.7% on a year-over-year basis. As a group, equities analysts predict that The Travelers Companies, Inc. will post 17.59 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 10th were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date was Monday, June 10th. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. Travelers Companies’s dividend payout ratio (DPR) is 31.20%.

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.