The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Mitchell Mcleod Pugh & Williams Inc.

Mitchell Mcleod Pugh & Williams Inc. decreased its position in The Travelers Companies, Inc. (NYSE:TRV) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,612 shares of the insurance provider’s stock after selling 596 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Travelers Companies were worth $1,834,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TRV. FMR LLC increased its position in shares of Travelers Companies by 12.6% in the third quarter. FMR LLC now owns 14,048,691 shares of the insurance provider’s stock worth $3,289,079,000 after acquiring an additional 1,568,909 shares in the last quarter. International Assets Investment Management LLC boosted its position in Travelers Companies by 23,378.8% during the third quarter. International Assets Investment Management LLC now owns 520,291 shares of the insurance provider’s stock valued at $121,811,000 after purchasing an additional 518,075 shares during the last quarter. Bank of Montreal Can raised its position in Travelers Companies by 66.9% during the third quarter. Bank of Montreal Can now owns 705,793 shares of the insurance provider’s stock valued at $166,645,000 after acquiring an additional 282,884 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Travelers Companies in the 3rd quarter valued at $54,988,000. Finally, Janus Henderson Group PLC lifted its position in shares of Travelers Companies by 216.3% in the third quarter. Janus Henderson Group PLC now owns 339,901 shares of the insurance provider’s stock worth $79,582,000 after buying an additional 232,428 shares during the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Andy F. Bessette sold 4,520 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 16,976 shares of the company’s stock, valued at $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 is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,000 shares of the stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $260.55, for a total value of $781,650.00. Following the completion of the sale, the insider now owns 250,384 shares in the company, valued at approximately $65,237,551.20. This trade represents a 1.18 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,684 shares of company stock worth $8,728,319. Insiders own 1.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TRV. The Goldman Sachs Group upgraded shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target for the company in a report on Wednesday, January 8th. Wells Fargo & Company dropped their target price on Travelers Companies from $217.00 to $213.00 and set an “underweight” rating for the company in a report on Tuesday, January 14th. 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. Keefe, Bruyette & Woods decreased their target price on Travelers Companies from $273.00 to $268.00 and set a “market perform” rating on the stock in a report on Friday, January 10th. Finally, Barclays lowered their price target on shares of Travelers Companies from $295.00 to $278.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $254.65.

Travelers Companies Trading Down 1.1 %

NYSE TRV opened at $239.65 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.34 and a quick ratio of 0.34. The Travelers Companies, Inc. has a one year low of $195.57 and a one year high of $269.55. The stock’s 50-day moving average is $249.57 and its 200-day moving average is $235.96. The firm has a market cap of $54.41 billion, a P/E ratio of 12.29, a P/E/G ratio of 1.01 and a beta of 0.65.

Travelers Companies (NYSE:TRV) last released its earnings results 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 return on equity of 17.69% and a net margin of 10.02%. The firm had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.46 billion. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.95 EPS. Sell-side analysts anticipate that The Travelers Companies, Inc. will post 18.94 earnings per share for the current fiscal year.

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.