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

Pure Financial Advisors LLC bought a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) during the fourth quarter, HoldingsChannel.com reports. The firm bought 832 shares of the insurance provider’s stock, valued at approximately $200,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC increased its position in shares of Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 45 shares during the period. True Wealth Design LLC acquired a new position in Travelers Companies during the 3rd quarter worth $41,000. Catalyst Capital Advisors LLC acquired a new position in Travelers Companies during the 3rd quarter worth $50,000. Versant Capital Management Inc increased its holdings in Travelers Companies by 581.1% during the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after purchasing an additional 215 shares during the period. Finally, Salomon & Ludwin LLC raised its position in Travelers Companies by 22.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider’s stock valued at $65,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Up 3.1 %

Shares of NYSE:TRV opened at $246.67 on Thursday. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.55. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a market cap of $56.00 billion, a P/E ratio of 12.65, a P/E/G ratio of 1.05 and a beta of 0.65. The firm has a fifty day moving average price of $248.81 and a 200 day moving average price of $236.70.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, topping the consensus estimate of $6.50 by $2.65. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The business had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10,795,375 billion. During the same quarter in the prior year, the firm earned $7.01 earnings per share. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. Sell-side analysts predict that The Travelers Companies, Inc. will post 19 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods lowered their price objective on Travelers Companies from $273.00 to $268.00 and set a “market perform” rating for the company in a research report on Friday, January 10th. Roth Mkm increased their price objective on shares of Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, October 21st. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price on the stock in a report on Wednesday, January 8th. Finally, BMO Capital Markets lifted their price target on Travelers Companies from $233.00 to $270.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $255.16.

Insiders Place Their Bets

In related news, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the completion of the transaction, the insider now directly owns 250,384 shares of the company’s stock, valued at $66,301,683.20. This represents a 1.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Maria Olivo sold 10,410 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president now owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. The trade was a 8.56 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 18,670 shares of company stock valued at $4,861,329. 1.33% of the stock is owned by company insiders.

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.