V Square Quantitative Management LLC Has $1.25 Million Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

V Square Quantitative Management LLC increased its holdings in The Travelers Companies, Inc. (NYSE:TRVFree Report) by 7.8% during the third quarter, HoldingsChannel reports. The fund owned 5,354 shares of the insurance provider’s stock after acquiring an additional 387 shares during the quarter. V Square Quantitative Management LLC’s holdings in Travelers Companies were worth $1,253,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TRV. Y.D. More Investments Ltd purchased a new stake in shares of Travelers Companies in the second quarter worth approximately $25,000. Pathway Financial Advisers LLC bought a new position in Travelers Companies during the 1st quarter valued at $35,000. Beacon Capital Management LLC boosted its holdings in Travelers Companies by 74.2% during the 1st quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 66 shares during the last quarter. Wolff Wiese Magana LLC boosted its holdings in Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 45 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in shares of Travelers Companies in the first quarter valued at approximately $42,000. Institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

TRV has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Travelers Companies from $221.00 to $234.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. lifted their price objective on Travelers Companies from $220.00 to $242.00 and gave the stock an “underweight” rating in a report on Thursday, July 11th. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a report on Tuesday. Royal Bank of Canada reissued a “sector perform” rating and issued a $225.00 price target on shares of Travelers Companies in a research report on Monday, July 22nd. Finally, UBS Group raised their price objective on shares of Travelers Companies from $238.00 to $244.00 and gave the stock a “neutral” rating in a report on Tuesday. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $232.89.

View Our Latest Analysis on Travelers Companies

Insider Buying and Selling at Travelers Companies

In related news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $211.44, for a total value of $2,114,400.00. Following the transaction, the executive vice president now owns 22,798 shares of the company’s stock, valued at $4,820,409.12. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.33% of the stock is owned by corporate insiders.

Travelers Companies Trading Down 0.9 %

NYSE TRV traded down $2.50 during trading hours on Friday, hitting $262.32. 229,339 shares of the company were exchanged, compared to its average volume of 1,312,518. The Travelers Companies, Inc. has a 52 week low of $157.33 and a 52 week high of $269.15. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $230.82 and a 200 day moving average price of $219.39. The stock has a market cap of $59.79 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 1.26 and a beta of 0.62.

Travelers Companies (NYSE:TRVGet Free Report) last released its earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.79 by $1.45. Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The firm had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.46 billion. During the same quarter last year, the business earned $1.95 EPS. The business’s revenue was up 11.9% on a year-over-year basis. Analysts forecast that The Travelers Companies, Inc. will post 17.09 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be given a $1.05 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $4.20 annualized dividend and a yield of 1.60%. Travelers Companies’s dividend payout ratio (DPR) is 26.55%.

About Travelers Companies

(Free Report)

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.

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Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

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