The Travelers Companies, Inc. (NYSE:TRV) Given Average Recommendation of “Hold” by Analysts

The Travelers Companies, Inc. (NYSE:TRV) has been assigned a consensus recommendation of “Hold” from the twenty-four analysts that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation, five have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $251.70.

A number of equities research analysts have recently issued reports on TRV shares. The Goldman Sachs Group upped their price objective on shares of Travelers Companies from $216.00 to $245.00 and gave the company a “sell” rating in a research note on Tuesday, October 22nd. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. StockNews.com raised Travelers Companies from a “hold” rating to a “buy” rating in a research note on Saturday, December 28th. UBS Group raised their price target on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Jefferies Financial Group increased their price objective on Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Andy F. Bessette sold 4,520 shares of Travelers Companies stock in a transaction on Monday, October 28th. The stock was sold at an average price of $253.46, for a total transaction of $1,145,639.20. Following the completion of the transaction, the executive vice president now owns 16,976 shares in the company, valued at approximately $4,302,736.96. The trade was a 21.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Alan D. Schnitzer sold 40,524 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $260.12, for a total value of $10,541,102.88. Following the completion of the sale, the chief executive officer now directly owns 221,924 shares in the company, valued at approximately $57,726,870.88. This represents a 15.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,149 shares of company stock valued at $20,295,856. Corporate insiders own 1.33% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Ledyard National Bank raised its holdings in Travelers Companies by 1.9% in the 3rd quarter. Ledyard National Bank now owns 2,067 shares of the insurance provider’s stock worth $484,000 after acquiring an additional 39 shares during the last quarter. Trueblood Wealth Management LLC increased its holdings in shares of Travelers Companies by 2.3% in the 3rd quarter. Trueblood Wealth Management LLC now owns 1,807 shares of the insurance provider’s stock worth $423,000 after purchasing an additional 41 shares in the last quarter. Cornell Pochily Investment Advisors Inc. raised its stake in shares of Travelers Companies by 2.9% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 1,499 shares of the insurance provider’s stock worth $351,000 after purchasing an additional 42 shares during the last quarter. Willner & Heller LLC boosted its position in shares of Travelers Companies by 4.1% during the third quarter. Willner & Heller LLC now owns 1,146 shares of the insurance provider’s stock valued at $268,000 after buying an additional 45 shares during the last quarter. Finally, Wolff Wiese Magana LLC increased 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 worth $37,000 after buying an additional 45 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Up 0.6 %

TRV opened at $242.29 on Monday. The business’s fifty day simple moving average is $251.56 and its 200 day simple moving average is $233.89. Travelers Companies has a 52 week low of $189.87 and a 52 week high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. The stock has a market cap of $55.00 billion, a PE ratio of 12.43, a P/E/G ratio of 1.17 and a beta of 0.65.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. The company had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.46 billion. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. Travelers Companies’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the firm posted $1.95 EPS. As a group, research analysts expect that Travelers Companies will post 18.84 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th were paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend was Tuesday, December 10th. Travelers Companies’s payout ratio is currently 21.54%.

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.