Kintegral Advisory LLC Sells 535 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Kintegral Advisory LLC cut its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,496 shares of the insurance provider’s stock after selling 535 shares during the period. Kintegral Advisory LLC’s holdings in Travelers Companies were worth $2,769,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. YANKCOM Partnership bought a new position in Travelers Companies in the 4th quarter valued at $27,000. True Wealth Design LLC purchased a new position in shares of Travelers Companies in the 3rd quarter worth about $41,000. Asset Planning Inc purchased a new position in shares of Travelers Companies in the 4th quarter worth about $44,000. Catalyst Capital Advisors LLC bought a new position in Travelers Companies during the third quarter valued at about $50,000. Finally, Versant Capital Management Inc increased its holdings in Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after buying an additional 215 shares during the last quarter. 82.45% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TRV has been the topic of a number of research analyst reports. Barclays boosted their target price on shares of Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price for the company in a research report on Wednesday, January 8th. Piper Sandler raised Travelers Companies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $259.00 to $310.00 in a research report on Friday, January 24th. Finally, Janney Montgomery Scott downgraded Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price target for the company. in a research note on Thursday, November 21st. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $261.05.

Travelers Companies Stock Performance

NYSE:TRV opened at $239.90 on Friday. The stock has a market cap of $54.39 billion, a P/E ratio of 11.17, a PEG ratio of 4.65 and a beta of 0.64. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The business’s 50-day moving average price is $242.04 and its two-hundred day moving average price is $241.51. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.55.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The business had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same period last year, the firm posted $7.01 earnings per share. Travelers Companies’s quarterly revenue was up 9.9% on a year-over-year basis. As a group, equities analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.75%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Insider Activity at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies 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 completion of the sale, the insider now owns 250,384 shares of the company’s stock, valued at $66,301,683.20. The trade was a 1.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.33% of the stock is owned by insiders.

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.