The Travelers Companies, Inc. (NYSE:TRV) EVP John P. Clifford, Jr. sold 3,525 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $129.85, for a total value of $457,721.25. Following the completion of the sale, the executive vice president now owns 9,658 shares of the company’s stock, valued at $1,254,091.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

The Travelers Companies, Inc. (NYSE:TRV) opened at 128.18 on Monday. The firm has a market capitalization of $35.37 billion, a price-to-earnings ratio of 12.76 and a beta of 1.20. The company’s 50-day moving average price is $127.13 and its 200 day moving average price is $123.13. The Travelers Companies, Inc. has a 12 month low of $103.45 and a 12 month high of $130.36.

The Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, July 20th. The insurance provider reported $1.92 EPS for the quarter, missing the Zacks’ consensus estimate of $2.07 by $0.15. The Travelers Companies had a net margin of 10.15% and a return on equity of 11.68%. The company had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.31 billion. During the same quarter in the prior year, the business earned $2.20 EPS. The Travelers Companies’s revenue was up 4.7% compared to the same quarter last year. Analysts predict that The Travelers Companies, Inc. will post $8.90 EPS for the current year.

The Travelers Companies declared that its board has approved a share buyback plan on Thursday, April 20th that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the insurance provider to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be paid a dividend of $0.72 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.25%. The Travelers Companies’s dividend payout ratio is presently 28.77%.

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Balasa Dinverno & Foltz LLC raised its position in The Travelers Companies by 0.3% in the first quarter. Balasa Dinverno & Foltz LLC now owns 3,448 shares of the insurance provider’s stock worth $416,000 after buying an additional 9 shares in the last quarter. Tradewinds Capital Management LLC raised its position in The Travelers Companies by 1.1% in the second quarter. Tradewinds Capital Management LLC now owns 905 shares of the insurance provider’s stock worth $115,000 after buying an additional 10 shares in the last quarter. Community Bank N.A. raised its position in The Travelers Companies by 0.7% in the second quarter. Community Bank N.A. now owns 1,435 shares of the insurance provider’s stock worth $181,000 after buying an additional 10 shares in the last quarter. American Economic Planning Group Inc. ADV raised its position in The Travelers Companies by 0.6% in the first quarter. American Economic Planning Group Inc. ADV now owns 2,529 shares of the insurance provider’s stock worth $305,000 after buying an additional 15 shares in the last quarter. Finally, First Business Financial Services Inc. raised its position in The Travelers Companies by 0.5% in the second quarter. First Business Financial Services Inc. now owns 4,362 shares of the insurance provider’s stock worth $552,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 78.24% of the company’s stock.

Several equities research analysts have weighed in on TRV shares. Argus upgraded The Travelers Companies from a “hold” rating to a “buy” rating and set a $132.00 target price for the company in a report on Monday, April 24th. Royal Bank Of Canada reissued a “buy” rating and issued a $126.00 price target on shares of The Travelers Companies in a research report on Monday, May 22nd. Citigroup Inc. reissued a “buy” rating and issued a $148.00 price target (down from $150.00) on shares of The Travelers Companies in a research report on Monday, July 24th. Morgan Stanley reissued an “underweight” rating and issued a $119.00 price target (up from $112.00) on shares of The Travelers Companies in a research report on Friday, July 7th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating on shares of The Travelers Companies in a research report on Tuesday, June 20th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $124.01.

The Travelers Companies Company Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

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

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