First National Bank of Omaha reduced its stake in shares of The Travelers Cos. (NYSE:TRV) by 6.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,275 shares of the company’s stock after selling 4,551 shares during the period. First National Bank of Omaha’s holdings in The Travelers Cos. were worth $8,050,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Legacy Private Trust Co. raised its stake in The Travelers Cos. by 2.1% in the third quarter. Legacy Private Trust Co. now owns 61,346 shares of the company’s stock valued at $7,027,000 after buying an additional 1,251 shares during the last quarter. Culbertson A N & Co. Inc. raised its stake in The Travelers Cos. by 0.9% in the third quarter. Culbertson A N & Co. Inc. now owns 24,508 shares of the company’s stock valued at $2,807,000 after buying an additional 215 shares during the last quarter. Creative Planning raised its stake in The Travelers Cos. by 38.8% in the third quarter. Creative Planning now owns 41,326 shares of the company’s stock valued at $4,734,000 after buying an additional 11,551 shares during the last quarter. Bristlecone Advisors LLC raised its stake in The Travelers Cos. by 1.1% in the third quarter. Bristlecone Advisors LLC now owns 33,230 shares of the company’s stock valued at $3,806,000 after buying an additional 370 shares during the last quarter. Finally, First Financial Bank N.A. Trust Division raised its stake in The Travelers Cos. by 4.9% in the third quarter. First Financial Bank N.A. Trust Division now owns 2,418 shares of the company’s stock valued at $277,000 after buying an additional 112 shares during the last quarter. 80.09% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for The Travelers Cos. (NYSE:TRV)

The Travelers Cos. (NYSE:TRV) traded up 0.34% during trading on Friday, hitting $113.45. 686,329 shares of the stock were exchanged. The stock’s 50-day moving average price is $110.76 and its 200-day moving average price is $114.33. The firm has a market cap of $32.23 billion, a PE ratio of 11.51 and a beta of 1.03. The Travelers Cos. has a 12-month low of $101.23 and a 12-month high of $119.32.

The Travelers Cos. (NYSE:TRV) last released its quarterly earnings results on Thursday, October 20th. The company reported $2.40 EPS for the quarter, beating the Zacks’ consensus estimate of $2.27 by $0.13. The Travelers Cos. had a net margin of 10.84% and a return on equity of 12.11%. The company had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.37 billion. During the same quarter last year, the firm posted $2.93 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. On average, equities analysts expect that The Travelers Cos. will post $9.51 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Friday, December 9th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend is Wednesday, December 7th. The Travelers Cos.’s dividend payout ratio is 27.29%.

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Several research firms have commented on TRV. William Blair lowered shares of The Travelers Cos. from a “market perform” rating to an “underperform” rating in a report on Thursday, November 17th. Citigroup Inc. upped their price target 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. Barclays PLC reaffirmed an “equal weight” rating and issued a $109.00 price target (up from $105.00) on shares of The Travelers Cos. in a report on Saturday, October 1st. Credit Suisse Group AG set a $111.00 price target on shares of The Travelers Cos. and gave the stock a “hold” rating in a research note on Monday, September 12th. Finally, Zacks Investment Research upgraded shares of The Travelers Cos. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 31st. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $117.64.

In related news, Vice Chairman William H. Heyman sold 4,246 shares of the business’s stock in a transaction on Wednesday, August 31st. The shares were sold at an average price of $118.98, for a total transaction of $505,189.08. Following the transaction, the insider now owns 231,500 shares of the company’s stock, valued at $27,543,870. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Philip T. Ruegger III bought 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 9th. The shares were bought at an average cost of $107.19 per share, for a total transaction of $214,380.00. Following the transaction, the director now directly owns 22,443 shares of the company’s stock, valued at approximately $2,405,665.17. The disclosure for this purchase can be found here. 1.34% of the stock is currently owned by insiders.

The Travelers Cos. Company Profile

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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