The Travelers Companies, Inc. (NYSE:TRV) Shares Bought by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. raised its stake in The Travelers Companies, Inc. (NYSE:TRV) by 36.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,943 shares of the insurance provider’s stock after acquiring an additional 782 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Travelers Companies were worth $598,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Wealth Quarterback LLC increased its stake in Travelers Companies by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 4,333 shares of the insurance provider’s stock valued at $825,000 after purchasing an additional 49 shares during the last quarter. Kapitalo Investimentos Ltda increased its stake in Travelers Companies by 24.1% in the fourth quarter. Kapitalo Investimentos Ltda now owns 252 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 49 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its stake in Travelers Companies by 9.8% in the first quarter. Massmutual Trust Co. FSB ADV now owns 561 shares of the insurance provider’s stock valued at $129,000 after purchasing an additional 50 shares during the last quarter. Norwood Financial Corp increased its stake in Travelers Companies by 16.1% in the first quarter. Norwood Financial Corp now owns 360 shares of the insurance provider’s stock valued at $83,000 after purchasing an additional 50 shares during the last quarter. Finally, Slow Capital Inc. increased its stake in Travelers Companies by 0.3% in the fourth quarter. Slow Capital Inc. now owns 18,115 shares of the insurance provider’s stock valued at $3,451,000 after purchasing an additional 53 shares during the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Travelers Companies

In other news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $211.44, for a total transaction of $2,114,400.00. Following the sale, the executive vice president now directly owns 22,798 shares in the company, valued at approximately $4,820,409.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.33% of the company’s stock.

Travelers Companies Trading Up 1.5 %

Shares of TRV opened at $214.09 on Thursday. The company has a market capitalization of $48.80 billion, a P/E ratio of 15.91, a P/E/G ratio of 1.10 and a beta of 0.61. The Travelers Companies, Inc. has a one year low of $157.33 and a one year high of $232.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a 50-day moving average price of $209.64 and a 200 day moving average price of $215.24.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Friday, July 19th. The insurance provider reported $2.51 EPS for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.72). Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The business had revenue of $11.28 billion during the quarter, compared to analysts’ expectations of $11.35 billion. During the same period in the prior year, the company posted $0.06 EPS. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. Sell-side analysts forecast that The Travelers Companies, Inc. will post 17.19 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Tuesday, September 10th. Travelers Companies’s payout ratio is currently 31.20%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Bank of America upped their price target on Travelers Companies from $202.00 to $223.00 and gave the stock an “underperform” rating in a research note on Monday, July 22nd. Evercore ISI dropped their price target 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 upped their price target on Travelers Companies from $200.00 to $203.00 and gave the stock a “sell” rating in a research note on Tuesday, July 30th. Keefe, Bruyette & Woods dropped their price target on Travelers Companies from $241.00 to $231.00 and set a “market perform” rating for the company in a research note on Thursday, April 18th. Finally, StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a research note on Monday, July 22nd. Four investment 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 company’s stock. According to data from MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and an average target price of $223.78.

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.