The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 8.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 4,890 shares of the insurance provider’s stock after purchasing an additional 364 shares during the period. Valeo Financial Advisors LLC’s holdings in Travelers Companies were worth $1,125,000 as of its most recent filing with the SEC.

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

Travelers Companies Stock Up 0.0 %

Travelers Companies stock 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 stock’s 50-day simple moving average is $212.03 and its 200-day simple moving average is $211.99. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The Travelers Companies, Inc. has a 52-week low of $157.33 and a 52-week high of $232.75. The stock has a market capitalization of $46.64 billion, a P/E ratio of 15.17, a PEG ratio of 1.08 and a beta of 0.61.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, April 17th. The insurance provider reported $4.69 EPS for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.62 billion. During the same quarter last year, the company posted $4.11 EPS. Travelers Companies’s quarterly revenue was up 15.7% compared to the same quarter last year. On average, sell-side analysts expect that The Travelers Companies, Inc. will post 17.52 EPS for the current year.

Travelers Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 10th were paid a $1.05 dividend. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Monday, June 10th. This represents a $4.20 annualized dividend and a yield of 2.06%. Travelers Companies’s payout ratio is currently 31.20%.

Insider Activity at Travelers Companies

In other Travelers Companies news, CFO Daniel S. Frey sold 5,000 shares of the business’s stock in a transaction dated Thursday, April 25th. The stock was 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 directly owns 18,515 shares of the company’s stock, valued at $3,941,843.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Travelers Companies news, CFO Daniel S. Frey sold 5,000 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total value of $1,064,500.00. Following the sale, the chief financial officer now owns 18,515 shares of the company’s stock, valued at approximately $3,941,843.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jeffrey P. Klenk sold 3,635 shares of Travelers Companies stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total value of $776,726.80. Following the completion of the transaction, the executive vice president now directly owns 6,075 shares of the company’s stock, valued at $1,298,106. The disclosure for this sale can be found here. Insiders have sold a total of 18,635 shares of company stock valued at $3,980,827 in the last 90 days. 1.33% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TRV. TD Cowen lowered their price objective on shares of Travelers Companies from $261.00 to $252.00 and set a “buy” rating on the stock in a report on Tuesday, April 23rd. Royal Bank of Canada restated a “sector perform” rating and set a $225.00 price target on shares of Travelers Companies in a report on Monday, June 24th. UBS Group reduced their target price on Travelers Companies from $237.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, April 22nd. HSBC increased their price target on Travelers Companies from $218.00 to $240.00 and gave the stock a “hold” rating in a report on Thursday, April 4th. Finally, JPMorgan Chase & Co. increased their price target on Travelers Companies from $194.00 to $213.00 and gave the company an “underweight” rating in a research report on Monday, April 8th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Travelers Companies has an average rating of “Hold” and a consensus target price of $221.12.

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.