Willner & Heller LLC Has $268,000 Position in The Travelers Companies, Inc. (NYSE:TRV)

Willner & Heller LLC raised its stake in The Travelers Companies, Inc. (NYSE:TRV) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,146 shares of the insurance provider’s stock after buying an additional 45 shares during the quarter. Willner & Heller LLC’s holdings in Travelers Companies were worth $268,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd acquired a new position in Travelers Companies in the second quarter worth approximately $25,000. Pathway Financial Advisers LLC acquired a new stake in shares of Travelers Companies in the 1st quarter valued at $35,000. Beacon Capital Management LLC boosted its holdings in Travelers Companies by 74.2% in the first quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock worth $36,000 after purchasing an additional 66 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in Travelers Companies during the first quarter worth $42,000. Finally, Tributary Capital Management LLC bought a new position in Travelers Companies during the first quarter valued at about $45,000. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TRV. JPMorgan Chase & Co. raised their target price on shares of Travelers Companies from $220.00 to $242.00 and gave the company an “underweight” rating in a research note on Thursday, July 11th. Barclays assumed coverage on Travelers Companies in a research note on Wednesday, September 4th. They issued an “overweight” rating and a $286.00 price objective on the stock. Jefferies Financial Group raised their target price on Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a report on Wednesday. Wells Fargo & Company lifted their price target on Travelers Companies from $206.00 to $207.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, TD Cowen downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $252.00 to $230.00 in a research note on Monday, July 15th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and an average price target of $230.89.

Insider Transactions at Travelers Companies

In related news, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $211.44, for a total value of $2,114,400.00. Following the completion of the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,820,409.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.33% of the company’s stock.

Travelers Companies Trading Up 1.4 %

TRV traded up $3.38 during mid-day trading on Friday, reaching $236.58. The stock had a trading volume of 932,564 shares, compared to its average volume of 1,043,600. The firm’s fifty day simple moving average is $227.80 and its two-hundred day simple moving average is $218.82. The stock has a market capitalization of $53.92 billion, a P/E ratio of 14.95, a P/E/G ratio of 1.23 and a beta of 0.62. The Travelers Companies, Inc. has a 52 week low of $157.33 and a 52 week high of $243.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.33 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV) last issued its earnings results on Friday, July 19th. The insurance provider reported $2.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.23 by ($0.72). The business had revenue of $11.28 billion during the quarter, compared to the consensus estimate of $11.35 billion. Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The firm’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period last year, the business posted $0.06 EPS. On average, equities analysts predict that The Travelers Companies, Inc. will post 17.08 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th were given a dividend of $1.05 per share. The ex-dividend date was Tuesday, September 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.78%. Travelers Companies’s payout ratio is currently 26.55%.

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.