The Travelers Companies, Inc. (NYSE:TRV) Stock Position Raised by First Financial Bank Trust Division

First Financial Bank Trust Division lifted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 7.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,038 shares of the insurance provider’s stock after buying an additional 72 shares during the period. First Financial Bank Trust Division’s holdings in Travelers Companies were worth $211,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Pathway Financial Advisers LLC acquired a new position in Travelers Companies during the 1st quarter valued at about $35,000. Beacon Capital Management LLC boosted its stake in Travelers Companies by 74.2% during the 1st quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 66 shares during the period. Northwest Financial Advisors acquired a new position in Travelers Companies during the 4th quarter valued at about $32,000. Opal Wealth Advisors LLC acquired a new position in Travelers Companies during the 1st quarter valued at about $42,000. Finally, Tributary Capital Management LLC acquired a new position in Travelers Companies during the 1st quarter valued at about $45,000. Institutional investors own 82.45% of the company’s stock.

Insiders Place Their Bets

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

Travelers Companies Trading Down 2.8 %

Shares of NYSE:TRV traded down $5.92 during mid-day trading on Monday, hitting $208.61. The stock had a trading volume of 1,647,599 shares, compared to its average volume of 1,381,184. 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 company has a market cap of $47.55 billion, a PE ratio of 15.41, a P/E/G ratio of 1.11 and a beta of 0.61. The Travelers Companies, Inc. has a 12-month low of $157.33 and a 12-month high of $232.75. The company’s 50 day moving average is $209.75 and its 200-day moving average is $215.23.

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 the consensus estimate of $3.23 by ($0.72). The firm had revenue of $11.28 billion during the quarter, compared to analysts’ expectations of $11.35 billion. Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The firm’s revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.06 EPS. On average, sell-side analysts predict that The Travelers Companies, Inc. will post 17.19 EPS for the current year.

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be given a $1.05 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $4.20 dividend on an annualized basis and a yield of 2.01%. Travelers Companies’s payout ratio is 31.20%.

Wall Street Analyst Weigh In

TRV has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Travelers Companies from $200.00 to $203.00 and gave the company a “sell” rating in a research note on Tuesday, July 30th. Jefferies Financial Group reduced their price target on shares of Travelers Companies from $222.00 to $219.00 and set a “hold” rating for the company in a research note on Friday, April 19th. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research note on Monday, July 22nd. William Blair reaffirmed a “market perform” rating on shares of Travelers Companies in a research note on Friday, June 28th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Travelers Companies in a research note on Friday, April 19th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Travelers Companies currently has an average rating of “Hold” and an average target price of $221.11.

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.