The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. reduced its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,324 shares of the insurance provider’s stock after selling 682 shares during the quarter. Foster & Motley Inc.’s holdings in Travelers Companies were worth $4,896,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in TRV. Wolff Wiese Magana LLC boosted its position in Travelers Companies by 39.1% during the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 45 shares during the period. True Wealth Design LLC acquired a new position in shares of Travelers Companies during the third quarter worth about $41,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Travelers Companies in the third quarter worth about $50,000. Versant Capital Management Inc grew its stake in shares of Travelers Companies by 581.1% in the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after buying an additional 215 shares in the last quarter. Finally, Salomon & Ludwin LLC raised its holdings in shares of Travelers Companies by 22.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider’s stock valued at $65,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Buying and Selling

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of Travelers Companies stock in a transaction on Monday, November 18th. The stock was 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 owns 111,162 shares of the company’s stock, valued at $29,102,211.60. The trade was a 8.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $264.80, for a total value 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 approximately $66,301,683.20. The trade was a 1.47 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.33% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on TRV. Royal Bank of Canada restated a “sector perform” rating and issued a $268.00 price target (down previously from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Hsbc Global Res upgraded shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Keefe, Bruyette & Woods lifted their price target on shares of Travelers Companies from $268.00 to $275.00 and gave the stock a “market perform” rating in a research note on Monday. Jefferies Financial Group upped their price objective on shares of Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Finally, Janney Montgomery Scott lowered Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a research report on Thursday, November 21st. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $260.47.

Travelers Companies Stock Performance

Shares of NYSE TRV opened at $249.85 on Thursday. 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’s 50-day moving average price is $247.48 and its two-hundred day moving average price is $238.07. The Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $269.55. The stock has a market capitalization of $56.72 billion, a P/E ratio of 11.64, a P/E/G ratio of 1.09 and a beta of 0.65.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business’s revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the business posted $7.01 EPS. As a group, sell-side analysts forecast that The Travelers Companies, Inc. will post 20.33 earnings per share for the current year.

Travelers Companies Announces Dividend

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 given a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.68%. Travelers Companies’s dividend payout ratio is currently 19.56%.

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.