AA Financial Advisors LLC Boosts Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

AA Financial Advisors LLC boosted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 7.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,571 shares of the insurance provider’s stock after purchasing an additional 327 shares during the quarter. AA Financial Advisors LLC’s holdings in Travelers Companies were worth $1,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. raised its stake in Travelers Companies by 39.5% during the third quarter. Franklin Resources Inc. now owns 135,957 shares of the insurance provider’s stock valued at $32,646,000 after purchasing an additional 38,515 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Travelers Companies during the 2nd quarter valued at about $9,798,000. Orion Portfolio Solutions LLC grew its position in Travelers Companies by 34.6% in the third quarter. Orion Portfolio Solutions LLC now owns 18,144 shares of the insurance provider’s stock worth $4,248,000 after acquiring an additional 4,665 shares in the last quarter. Czech National Bank increased its stake in Travelers Companies by 6.0% during the fourth quarter. Czech National Bank now owns 49,223 shares of the insurance provider’s stock worth $11,857,000 after acquiring an additional 2,792 shares during the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new stake in Travelers Companies during the third quarter valued at approximately $50,000. Institutional investors own 82.45% of the company’s stock.

Insider Transactions at Travelers Companies

In other news, Vice Chairman William H. Heyman sold 3,740 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $264.80, for a total transaction of $990,352.00. Following the sale, the insider now owns 250,384 shares in the company, valued at approximately $66,301,683.20. The trade was a 1.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the sale, the executive vice president now directly owns 111,162 shares in the company, valued at $29,102,211.60. This trade represents a 8.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.

Travelers Companies Stock Performance

Shares of TRV stock opened at $249.02 on Friday. The company’s 50 day moving average is $247.33 and its 200 day moving average is $238.15. The company has a quick ratio of 0.34, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The firm has a market cap of $56.53 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 1.09 and a beta of 0.65. The Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $269.55.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping the consensus estimate of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The firm had revenue of $12.01 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same period in the previous year, the company posted $7.01 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, sell-side analysts anticipate that The Travelers Companies, Inc. will post 20.6 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio is currently 19.56%.

Analyst Upgrades and Downgrades

TRV has been the topic of several analyst reports. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Bank of America lifted their price target on shares of Travelers Companies from $241.00 to $265.00 and gave the stock an “underperform” rating in a research note on Thursday, October 17th. Jefferies Financial Group increased their price objective on shares of Travelers Companies from $210.00 to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, HSBC upgraded Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research report on Tuesday, December 10th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average price target of $260.47.

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.