The Travelers Cos. (NYSE:TRV) Director Philip T. Ruegger III purchased 2,000 shares of the company’s stock in a transaction on Wednesday, November 9th. The shares were purchased at an average cost of $107.19 per share, for a total transaction of $214,380.00. Following the completion of the transaction, the director now directly owns 22,443 shares of the company’s stock, valued at approximately $2,405,665.17. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

The Travelers Cos. (NYSE:TRV) opened at 112.18 on Tuesday. The company has a 50 day moving average of $111.28 and a 200 day moving average of $114.18. The Travelers Cos. has a 1-year low of $101.23 and a 1-year high of $119.32. The firm has a market capitalization of $31.87 billion, a P/E ratio of 11.38 and a beta of 1.03.

The Travelers Cos. (NYSE:TRV) last issued its quarterly earnings data on Thursday, October 20th. The company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.13. The Travelers Cos. had a return on equity of 12.11% and a net margin of 10.84%. The business had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.37 billion. During the same period last year, the business earned $2.93 EPS. The business’s revenue was up 3.2% on a year-over-year basis. On average, equities research analysts anticipate that The Travelers Cos. will post $9.49 earnings per share for the current year.

Insider Buying and Selling by Quarter for The Travelers Cos. (NYSE:TRV)

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 9th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.39%. The ex-dividend date is Wednesday, December 7th. The Travelers Cos.’s dividend payout ratio (DPR) is presently 27.29%.

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of The Travelers Cos. by 1.3% in the second quarter. Vanguard Group Inc. now owns 20,841,313 shares of the company’s stock valued at $2,480,949,000 after buying an additional 271,607 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of The Travelers Cos. by 1.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 12,951,653 shares of the company’s stock valued at $1,541,765,000 after buying an additional 177,858 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in shares of The Travelers Cos. by 6.2% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 9,122,241 shares of the company’s stock valued at $1,044,953,000 after buying an additional 531,848 shares during the period. JPMorgan Chase & Co. boosted its position in shares of The Travelers Cos. by 4.8% in the second quarter. JPMorgan Chase & Co. now owns 8,658,670 shares of the company’s stock valued at $1,030,728,000 after buying an additional 397,224 shares during the period. Finally, Cohen & Steers Inc. boosted its position in shares of The Travelers Cos. by 573,761.8% in the second quarter. Cohen & Steers Inc. now owns 6,312,480 shares of the company’s stock valued at $672,090,000 after buying an additional 6,311,380 shares during the period. Institutional investors and hedge funds own 80.94% of the company’s stock.

Several equities analysts have commented on the stock. RBC Capital Markets reiterated an “outperform” rating and issued a $125.00 price objective (up from $120.00) on shares of The Travelers Cos. in a report on Sunday, July 24th. Royal Bank Of Canada upped their price objective on shares of The Travelers Cos. from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, July 22nd. Credit Suisse Group AG set a $111.00 price objective on shares of The Travelers Cos. and gave the company a “hold” rating in a report on Monday, September 12th. Citigroup Inc. upped their price objective on shares of The Travelers Cos. from $117.00 to $123.00 and gave the company a “neutral” rating in a report on Tuesday, October 11th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a $109.00 price objective (up from $105.00) on shares of The Travelers Cos. in a report on Saturday, October 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $117.64.

About The Travelers Cos.

The Travelers Companies, Inc is a holding company. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. It operates through three segments: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance.

5 Day Chart for NYSE:TRV

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