First Affirmative Financial Network Has $312,000 Holdings in The Travelers Companies, Inc. (NYSE:TRV)

First Affirmative Financial Network decreased its position in The Travelers Companies, Inc. (NYSE:TRV) by 37.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,331 shares of the insurance provider’s stock after selling 793 shares during the period. First Affirmative Financial Network’s holdings in Travelers Companies were worth $312,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TRV. Scarborough Advisors LLC acquired a new position in Travelers Companies during the 4th quarter worth approximately $222,000. Chicago Partners Investment Group LLC acquired a new position in Travelers Companies during the fourth quarter worth $262,000. Integrated Advisors Network LLC grew its position in Travelers Companies by 1,032.1% in the fourth quarter. Integrated Advisors Network LLC now owns 20,876 shares of the insurance provider’s stock valued at $3,977,000 after purchasing an additional 19,032 shares in the last quarter. Syon Capital LLC increased its stake in Travelers Companies by 4.6% in the 4th quarter. Syon Capital LLC now owns 2,750 shares of the insurance provider’s stock valued at $524,000 after buying an additional 121 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in Travelers Companies during the 4th quarter worth about $488,000. 82.45% of the stock is currently owned by institutional investors.

Insider Transactions at Travelers Companies

In related news, EVP Michael Frederick Klein sold 10,000 shares of the business’s 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 completion of the sale, the executive vice president now directly owns 22,798 shares in the company, valued at approximately $4,820,409.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.33% of the company’s stock.

Travelers Companies Stock Performance

TRV opened at $236.58 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.33 and a quick ratio of 0.33. The business has a fifty day simple moving average of $227.80 and a 200 day simple moving average of $218.82. The Travelers Companies, Inc. has a 1 year low of $157.33 and a 1 year high of $243.48. The company has a market capitalization of $54.18 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.21 and a beta of 0.62.

Travelers Companies (NYSE:TRV) last announced its earnings results on Friday, July 19th. The insurance provider reported $2.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.72). Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The business had revenue of $11.28 billion during the quarter, compared to the consensus estimate of $11.35 billion. During the same period in the previous year, the firm posted $0.06 EPS. The company’s revenue was up 11.7% compared to the same quarter last year. Research analysts expect that The Travelers Companies, Inc. will post 17.2 EPS for the current year.

Travelers Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th were given a dividend of $1.05 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.78%. Travelers Companies’s payout ratio is presently 31.20%.

Analyst Ratings Changes

A number of analysts recently issued reports on TRV shares. Citigroup lifted their target price on Travelers Companies from $200.00 to $203.00 and gave the company a “sell” rating in a research report on Tuesday, July 30th. StockNews.com cut Travelers Companies from a “buy” rating to a “hold” rating in a research note on Saturday, September 28th. Morgan Stanley decreased their target price on shares of Travelers Companies from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Friday, July 19th. William Blair reaffirmed a “market perform” rating on shares of Travelers Companies in a research report on Friday, June 28th. Finally, The Goldman Sachs Group lifted their price objective on shares of Travelers Companies from $196.00 to $216.00 and gave the company a “sell” rating in a research report on Wednesday. Four research analysts have rated the stock with a sell rating, fourteen have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $230.89.

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.