Wealthcare Advisory Partners LLC Raises Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Wealthcare Advisory Partners LLC raised its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 19.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,589 shares of the insurance provider’s stock after purchasing an additional 254 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Travelers Companies were worth $383,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of TRV. Wolff Wiese Magana LLC raised its holdings in Travelers Companies by 39.1% in the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock valued at $37,000 after buying an additional 45 shares during the period. True Wealth Design LLC purchased a new stake in shares of Travelers Companies in the 3rd quarter valued at approximately $41,000. Catalyst Capital Advisors LLC acquired a new position in shares of Travelers Companies in the 3rd quarter worth approximately $50,000. Versant Capital Management Inc boosted its position in shares of Travelers Companies by 581.1% during the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after purchasing an additional 215 shares during the period. Finally, Salomon & Ludwin LLC increased its holdings in Travelers Companies by 22.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider’s stock valued at $65,000 after purchasing an additional 50 shares during the last quarter. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $239.65 on Tuesday. The stock’s 50-day simple moving average is $249.57 and its 200-day simple moving average is $236.18. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a market capitalization of $54.41 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of 1.01 and a beta of 0.65. The Travelers Companies, Inc. has a fifty-two week low of $195.57 and a fifty-two week high of $269.55.

Insiders Place Their Bets

In other news, EVP Maria Olivo sold 10,410 shares of the 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 of the company’s stock, valued at approximately $29,102,211.60. This represents a 8.56 % decrease in their ownership of the stock. The transaction 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 2,014 shares of Travelers Companies stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total transaction of $523,640.00. Following the completion of the transaction, the insider now directly owns 250,384 shares in the company, valued at $65,099,840. The trade was a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,684 shares of company stock valued at $7,946,669. 1.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on the company. UBS Group upped their price target on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company decreased their target price on Travelers Companies from $217.00 to $213.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 14th. 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 raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada lifted their price objective on shares of Travelers Companies from $250.00 to $273.00 and gave the company a “sector perform” rating in a report on Friday, October 18th. 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.com, the stock has an average rating of “Hold” and an average price target of $254.65.

About Travelers Companies

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.