Cahill Financial Advisors Inc. Has $213,000 Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Cahill Financial Advisors Inc. decreased its position in The Travelers Companies, Inc. (NYSE:TRV) by 9.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 908 shares of the insurance provider’s stock after selling 92 shares during the period. Cahill Financial Advisors Inc.’s holdings in Travelers Companies were worth $213,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Acadian Asset Management LLC lifted its holdings in shares of Travelers Companies by 356.4% during the 2nd quarter. Acadian Asset Management LLC now owns 868,563 shares of the insurance provider’s stock worth $176,589,000 after acquiring an additional 678,241 shares during the period. International Assets Investment Management LLC raised its position in Travelers Companies by 23,378.8% in the third quarter. International Assets Investment Management LLC now owns 520,291 shares of the insurance provider’s stock worth $121,811,000 after purchasing an additional 518,075 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Travelers Companies by 324.9% during the second quarter. Renaissance Technologies LLC now owns 301,584 shares of the insurance provider’s stock valued at $61,324,000 after purchasing an additional 230,612 shares in the last quarter. Boston Partners boosted its holdings in Travelers Companies by 16.4% during the first quarter. Boston Partners now owns 1,388,019 shares of the insurance provider’s stock valued at $319,348,000 after purchasing an additional 196,011 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Travelers Companies by 5.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,044,839 shares of the insurance provider’s stock valued at $619,241,000 after purchasing an additional 165,708 shares during the period. Institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on TRV. Barclays boosted their price target on Travelers Companies from $286.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a research note on Monday, November 18th. Bank of America increased their target price on shares of Travelers Companies from $241.00 to $265.00 and gave the stock an “underperform” rating in a research report on Thursday, October 17th. BMO Capital Markets boosted their price target on shares of Travelers Companies from $233.00 to $270.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Finally, Jefferies Financial Group lifted their target price on shares of Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Travelers Companies presently has a consensus rating of “Hold” and an average price target of $251.15.

Insider Transactions at Travelers Companies

In other Travelers Companies news, CEO Alan D. Schnitzer sold 40,524 shares of Travelers Companies stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $260.12, for a total transaction of $10,541,102.88. Following the completion of the transaction, the chief executive officer now owns 221,924 shares in the company, valued at approximately $57,726,870.88. The trade was a 15.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Andy F. Bessette sold 4,520 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $253.46, for a total value of $1,145,639.20. Following the completion of the sale, the executive vice president now directly owns 16,976 shares of the company’s stock, valued at approximately $4,302,736.96. This trade represents a 21.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 74,409 shares of company stock valued at $19,305,504 over the last ninety days. 1.33% of the stock is owned by company insiders.

Travelers Companies Price Performance

Shares of TRV opened at $262.47 on Monday. The business has a 50-day simple moving average of $246.83 and a two-hundred day simple moving average of $226.06. The Travelers Companies, Inc. has a 12-month low of $175.88 and a 12-month high of $269.55. The stock has a market cap of $59.59 billion, a PE ratio of 13.46, a PEG ratio of 1.24 and a beta of 0.62. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, topping the consensus estimate of $3.79 by $1.45. The business had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $11.46 billion. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same period last year, the company earned $1.95 EPS. Analysts anticipate that The Travelers Companies, Inc. will post 18.83 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.60%. Travelers Companies’s dividend payout ratio is 21.54%.

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.