Analysts Set The Travelers Companies, Inc. (NYSE:TRV) PT at $251.70

Shares of The Travelers Companies, Inc. (NYSE:TRV) have received an average rating of “Hold” from the twenty-four ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $254.85.

Several brokerages have weighed in on TRV. Keefe, Bruyette & Woods reduced their price objective on Travelers Companies from $273.00 to $268.00 and set a “market perform” rating on the stock in a research note on Friday. Janney Montgomery Scott downgraded Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a research report on Thursday, November 21st. StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a research report on Thursday. Hsbc Global Res upgraded shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Finally, Royal Bank of Canada raised their target price on shares of Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a report on Friday, October 18th.

Insider Buying and Selling at Travelers Companies

In other news, 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 transaction of $10,541,102.88. Following the completion of the sale, the chief executive officer now owns 221,924 shares in the company, valued at approximately $57,726,870.88. This represents a 15.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael Frederick Klein sold 10,000 shares of the business’s stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $256.17, for a total value of $2,561,700.00. Following the transaction, the executive vice president now owns 22,798 shares in the company, valued at approximately $5,840,163.66. This trade represents a 30.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 78,149 shares of company stock worth $20,295,856 over the last three months. Corporate insiders own 1.33% of the company’s stock.

Institutional Trading of Travelers Companies

A number of institutional investors have recently bought and sold shares of the stock. Franklin Resources Inc. raised its holdings in shares of Travelers Companies by 39.5% in the third quarter. Franklin Resources Inc. now owns 135,957 shares of the insurance provider’s stock worth $32,646,000 after buying an additional 38,515 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Travelers Companies during the 2nd quarter worth about $9,798,000. Orion Portfolio Solutions LLC grew its stake in Travelers Companies by 34.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 18,144 shares of the insurance provider’s stock valued at $4,248,000 after purchasing an additional 4,665 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Travelers Companies by 7.4% in the second quarter. LPL Financial LLC now owns 177,528 shares of the insurance provider’s stock valued at $36,099,000 after purchasing an additional 12,190 shares during the period. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Travelers Companies in the third quarter valued at about $50,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Trading Down 4.2 %

Shares of Travelers Companies stock opened at $232.53 on Monday. 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 firm has a market cap of $52.79 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 1.17 and a beta of 0.65. Travelers Companies has a twelve month low of $191.88 and a twelve month high of $269.55. The business has a 50-day moving average price of $250.73 and a 200-day moving average price of $234.97.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, beating the consensus estimate of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The business 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 earnings per share. Travelers Companies’s quarterly revenue was up 11.9% compared to the same quarter last year. Equities research analysts anticipate that Travelers Companies will post 18.84 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company 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. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.81%. Travelers Companies’s dividend payout ratio (DPR) is presently 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.