Boston Trust Walden Corp Sells 100 Shares of The Travelers Companies, Inc. $TRV

Boston Trust Walden Corp reduced its stake in The Travelers Companies, Inc. (NYSE:TRV) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,486 shares of the insurance provider’s stock after selling 100 shares during the period. Boston Trust Walden Corp’s holdings in Travelers Companies were worth $665,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TRV. Cornerstone Planning Group LLC increased its holdings in Travelers Companies by 700.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider’s stock valued at $25,000 after acquiring an additional 84 shares during the last quarter. Greykasell Wealth Strategies Inc. bought a new stake in shares of Travelers Companies in the 1st quarter worth about $26,000. Missouri Trust & Investment Co increased its holdings in shares of Travelers Companies by 122.2% in the 2nd quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider’s stock worth $27,000 after buying an additional 55 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in shares of Travelers Companies in the 1st quarter worth about $32,000. Finally, Nova Wealth Management Inc. bought a new stake in shares of Travelers Companies in the 2nd quarter worth about $32,000. 82.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TRV. Barclays set a $313.00 target price on shares of Travelers Companies in a report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on shares of Travelers Companies from $289.00 to $297.00 and gave the stock an “underweight” rating in a report on Thursday, October 9th. Evercore ISI restated an “outperform” rating on shares of Travelers Companies in a report on Wednesday, October 1st. Wells Fargo & Company boosted their target price on shares of Travelers Companies from $275.00 to $291.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 8th. Finally, UBS Group boosted their target price on shares of Travelers Companies from $284.00 to $287.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $290.11.

Travelers Companies Stock Performance

Shares of NYSE:TRV opened at $269.54 on Thursday. The company has a market capitalization of $60.68 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 3.06 and a beta of 0.51. The Travelers Companies, Inc. has a 12 month low of $230.23 and a 12 month high of $287.95. The firm’s 50-day moving average is $274.06 and its 200 day moving average is $266.33. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.27.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Thursday, July 17th. The insurance provider reported $6.51 EPS for the quarter, beating the consensus estimate of $3.52 by $2.99. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.02 billion. Travelers Companies had a net margin of 10.97% and a return on equity of 18.68%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.51 EPS. Research analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Insider Activity

In other Travelers Companies news, EVP Gregory C. Toczydlowski sold 11,505 shares of the business’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $266.12, for a total value of $3,061,710.60. Following the completion of the sale, the executive vice president directly owned 18,416 shares of the company’s stock, valued at $4,900,865.92. The trade was a 38.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mojgan M. Lefebvre sold 16,820 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $277.54, for a total transaction of $4,668,222.80. The disclosure for this sale can be found here. 1.46% of the stock is owned by insiders.

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.