Valeo Financial Advisors LLC Acquires 364 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Valeo Financial Advisors LLC raised its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 8.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 4,890 shares of the insurance provider’s stock after acquiring an additional 364 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Travelers Companies were worth $1,125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Travelers Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 21,693,069 shares of the insurance provider’s stock worth $4,132,313,000 after buying an additional 148,012 shares during the period. Dimensional Fund Advisors LP boosted its stake in Travelers Companies by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,124,066 shares of the insurance provider’s stock worth $595,075,000 after buying an additional 154,886 shares during the period. Norges Bank bought a new stake in shares of Travelers Companies during the fourth quarter worth $282,593,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Travelers Companies by 2.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,435,924 shares of the insurance provider’s stock valued at $273,529,000 after acquiring an additional 40,114 shares in the last quarter. Finally, Boston Partners raised its holdings in Travelers Companies by 42.5% in the fourth quarter. Boston Partners now owns 1,192,008 shares of the insurance provider’s stock worth $227,175,000 after purchasing an additional 355,489 shares in the last quarter. 82.45% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TRV. Evercore ISI cut their target price on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, April 18th. Citigroup reiterated a “sell” rating and set a $200.00 target price (down from $226.00) on shares of Travelers Companies in a research report on Friday, June 28th. StockNews.com cut Travelers Companies from a “buy” rating to a “hold” rating in a report on Friday, June 28th. The Goldman Sachs Group boosted their price target on Travelers Companies from $186.00 to $212.00 and gave the company a “sell” rating in a research report on Friday, April 12th. Finally, UBS Group lowered their price target on Travelers Companies from $237.00 to $230.00 and set a “neutral” rating for the company in a research report on Monday, April 22nd. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $221.12.

Insider Transactions at Travelers Companies

In other news, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the transaction, the executive vice president now directly owns 22,798 shares of the company’s stock, valued at $4,877,860.08. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CFO Daniel S. Frey sold 5,000 shares of the company’s stock in a transaction on Thursday, April 25th. The shares were sold at an average price of $212.90, for a total value of $1,064,500.00. Following the completion of the transaction, the chief financial officer now owns 18,515 shares in the company, valued at approximately $3,941,843.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction on 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 completion of the sale, the executive vice president now owns 22,798 shares of the company’s stock, valued at approximately $4,877,860.08. The disclosure for this sale can be found here. Insiders sold 18,635 shares of company stock worth $3,980,827 in the last three months. Corporate insiders own 1.33% of the company’s stock.

Travelers Companies Trading Up 0.0 %

Shares of NYSE:TRV traded up $0.03 during midday trading on Wednesday, reaching $203.69. The company’s stock had a trading volume of 523,021 shares, compared to its average volume of 1,389,110. The firm has a market capitalization of $46.64 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 1.08 and a beta of 0.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a 50 day moving average price of $212.03 and a two-hundred day moving average price of $211.99. The Travelers Companies, Inc. has a fifty-two week low of $157.33 and a fifty-two week high of $232.75.

Travelers Companies (NYSE:TRV) last released its earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.62 billion. During the same period in the prior year, the company earned $4.11 earnings per share. The business’s revenue was up 15.7% on a year-over-year basis. As a group, analysts forecast that The Travelers Companies, Inc. will post 17.52 earnings per share for the current year.

Travelers Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 10th were given a dividend of $1.05 per share. The ex-dividend date was Monday, June 10th. This represents a $4.20 annualized dividend and a dividend yield of 2.06%. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. Travelers Companies’s dividend payout ratio (DPR) is 31.20%.

Travelers Companies Company 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.