Wealthcare Advisory Partners LLC Purchases 165 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Wealthcare Advisory Partners LLC grew its position in The Travelers Companies, Inc. (NYSE:TRV) by 13.2% in the first quarter, HoldingsChannel.com reports. The firm owned 1,412 shares of the insurance provider’s stock after acquiring an additional 165 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Travelers Companies were worth $325,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Quarterback LLC boosted its holdings in Travelers Companies by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 4,333 shares of the insurance provider’s stock worth $825,000 after buying an additional 49 shares during the period. Kapitalo Investimentos Ltda grew its position in shares of Travelers Companies by 24.1% during the fourth quarter. Kapitalo Investimentos Ltda now owns 252 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 49 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its stake in Travelers Companies by 9.8% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 561 shares of the insurance provider’s stock valued at $129,000 after purchasing an additional 50 shares during the period. Grimes & Company Inc. lifted its holdings in Travelers Companies by 2.2% in the 4th quarter. Grimes & Company Inc. now owns 2,420 shares of the insurance provider’s stock worth $461,000 after purchasing an additional 53 shares in the last quarter. Finally, Slow Capital Inc. boosted its stake in Travelers Companies by 0.3% in the 4th quarter. Slow Capital Inc. now owns 18,115 shares of the insurance provider’s stock worth $3,451,000 after purchasing an additional 53 shares during the period. 82.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TRV. Royal Bank of Canada reiterated a “sector perform” rating and set a $225.00 price objective on shares of Travelers Companies in a research report on Monday, June 24th. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Friday. Evercore ISI dropped their price objective on shares of Travelers Companies from $253.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, April 18th. The Goldman Sachs Group lifted their target price on Travelers Companies from $186.00 to $212.00 and gave the stock a “sell” rating in a report on Friday, April 12th. Finally, Roth Mkm reissued a “buy” rating and set a $240.00 price target on shares of Travelers Companies in a research note on Thursday, April 18th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $221.12.

Travelers Companies Stock Performance

Travelers Companies stock opened at $203.34 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The firm has a market capitalization of $46.56 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 1.08 and a beta of 0.61. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $232.75. The company’s 50-day moving average is $212.47 and its 200 day moving average is $211.70.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.75 by ($0.06). Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The business had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.62 billion. During the same quarter in the previous year, the company posted $4.11 earnings per share. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. Research analysts forecast that The Travelers Companies, Inc. will post 17.59 EPS for the current year.

Travelers Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 10th were given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 2.07%. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. The ex-dividend date was Monday, June 10th. Travelers Companies’s dividend payout ratio (DPR) is 31.20%.

Insider Activity

In related news, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total value of $2,139,600.00. Following the transaction, the executive vice president now owns 22,798 shares of the company’s stock, valued at approximately $4,877,860.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Travelers Companies news, EVP Jeffrey P. Klenk sold 3,635 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $213.68, for a total transaction of $776,726.80. Following the transaction, the executive vice president now directly owns 6,075 shares in the company, valued at approximately $1,298,106. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the transaction, the executive vice president now directly owns 22,798 shares in the company, valued at approximately $4,877,860.08. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,635 shares of company stock valued at $3,980,827. 1.33% of the stock is currently owned by company insiders.

Travelers Companies 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.