The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by ORG Wealth Partners LLC

ORG Wealth Partners LLC lifted its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 16.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 340 shares of the insurance provider’s stock after buying an additional 48 shares during the period. ORG Wealth Partners LLC’s holdings in Travelers Companies were worth $82,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Andra AP fonden purchased a new stake in shares of Travelers Companies in the second quarter valued at $2,623,000. AGF Management Ltd. boosted its stake in Travelers Companies by 6.2% in the 2nd quarter. AGF Management Ltd. now owns 11,005 shares of the insurance provider’s stock worth $2,238,000 after buying an additional 639 shares during the last quarter. LPL Financial LLC grew its holdings in Travelers Companies by 7.4% in the 2nd quarter. LPL Financial LLC now owns 177,528 shares of the insurance provider’s stock valued at $36,099,000 after buying an additional 12,190 shares during the period. American Century Companies Inc. increased its stake in shares of Travelers Companies by 12.1% during the 2nd quarter. American Century Companies Inc. now owns 369,500 shares of the insurance provider’s stock valued at $75,134,000 after acquiring an additional 39,906 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its holdings in shares of Travelers Companies by 73.3% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 37,465 shares of the insurance provider’s stock worth $7,618,000 after acquiring an additional 15,852 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Stock Performance

NYSE:TRV opened at $232.53 on Friday. The Travelers Companies, Inc. has a 1-year low of $191.88 and a 1-year high of $269.55. The stock has a market cap of $52.79 billion, a P/E ratio of 11.92, a PEG ratio of 1.17 and a beta of 0.65. 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 firm has a 50-day moving average of $250.73 and a two-hundred day moving average of $234.59.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The firm had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.46 billion. During the same quarter in the prior year, the business posted $1.95 earnings per share. Travelers Companies’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, research analysts expect that The Travelers Companies, Inc. will post 18.84 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th were issued a $1.05 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $4.20 annualized dividend and a yield of 1.81%. Travelers Companies’s dividend payout ratio is presently 21.54%.

Insider Buying and Selling at Travelers Companies

In other news, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the sale, the executive vice president now directly owns 111,162 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,000 shares of the firm’s stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $260.55, for a total value of $781,650.00. Following the transaction, the insider now owns 250,384 shares in the company, valued at $65,237,551.20. This trade represents a 1.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,149 shares of company stock worth $20,295,856 in the last ninety days. 1.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Barclays dropped their price target on shares of Travelers Companies from $295.00 to $278.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a report on Thursday. HSBC upgraded Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research note on Tuesday, December 10th. Finally, Keefe, Bruyette & Woods decreased their target price on Travelers Companies from $273.00 to $268.00 and set a “market perform” rating for the company in a report on Friday. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Travelers Companies presently has an average rating of “Hold” and a consensus price target of $254.85.

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.