D Orazio & Associates Inc. Makes New $285,000 Investment in The Travelers Companies, Inc. (NYSE:TRV)

D Orazio & Associates Inc. acquired a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, Holdings Channel.com reports. The fund acquired 1,185 shares of the insurance provider’s stock, valued at approximately $285,000.

Several other institutional investors and hedge funds have also recently modified their holdings of TRV. Ledyard National Bank grew its position in shares of Travelers Companies by 1.9% in the third quarter. Ledyard National Bank now owns 2,067 shares of the insurance provider’s stock valued at $484,000 after purchasing an additional 39 shares during the last quarter. Trueblood Wealth Management LLC increased its position in Travelers Companies by 2.3% during the 3rd quarter. Trueblood Wealth Management LLC now owns 1,807 shares of the insurance provider’s stock worth $423,000 after purchasing an additional 41 shares in the last quarter. Cornell Pochily Investment Advisors Inc. boosted its stake in shares of Travelers Companies by 2.9% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 1,499 shares of the insurance provider’s stock worth $351,000 after purchasing an additional 42 shares during the last quarter. Salem Investment Counselors Inc. raised its position in shares of Travelers Companies by 5.1% in the fourth quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider’s stock valued at $218,000 after buying an additional 44 shares during the last quarter. Finally, Willner & Heller LLC grew its position in shares of Travelers Companies by 4.1% in the third quarter. Willner & Heller LLC now owns 1,146 shares of the insurance provider’s stock valued at $268,000 after purchasing an additional 45 shares during the period. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Insider Transactions at Travelers Companies

In related news, EVP Maria Olivo sold 10,410 shares of the business’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 $29,102,211.60. This represents a 8.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the 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. This trade represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TRV. StockNews.com lowered Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. UBS Group upped their price target on shares of Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. HSBC upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Tuesday, December 10th. The Goldman Sachs Group upgraded Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods lifted their target price on Travelers Companies from $268.00 to $275.00 and gave the company a “market perform” rating in a report on Monday, January 27th. Four 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 company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $260.47.

Travelers Companies Stock Down 1.0 %

Shares of NYSE:TRV opened at $245.13 on Friday. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.55. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The firm has a market cap of $55.65 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 1.08 and a beta of 0.64. The company has a fifty day simple moving average of $245.24 and a 200 day simple moving average of $239.28.

Travelers Companies (NYSE:TRV) last issued its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.01 EPS. On average, equities research analysts anticipate that The Travelers Companies, Inc. will post 20.57 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a $1.05 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.71%. Travelers Companies’s payout ratio is 19.56%.

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.