Cadence Bank NA increased its position in The Travelers Companies, Inc. (NYSE:TRV) by 0.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,179 shares of the insurance provider’s stock after buying an additional 61 shares during the period. Cadence Bank NA’s holdings in The Travelers Companies were worth $2,047,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Boston Advisors LLC boosted its position in The Travelers Companies by 2.3% in the first quarter. Boston Advisors LLC now owns 2,949 shares of the insurance provider’s stock worth $355,000 after buying an additional 66 shares during the last quarter. State of Alaska Department of Revenue bought a new position in The Travelers Companies during the first quarter worth $314,000. Nationwide Fund Advisors boosted its position in The Travelers Companies by 15.0% in the first quarter. Nationwide Fund Advisors now owns 91,597 shares of the insurance provider’s stock worth $11,041,000 after buying an additional 11,921 shares during the last quarter. Culbertson A N & Co. Inc. boosted its position in The Travelers Companies by 0.4% in the first quarter. Culbertson A N & Co. Inc. now owns 23,888 shares of the insurance provider’s stock worth $2,879,000 after buying an additional 100 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. boosted its position in The Travelers Companies by 0.9% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 7,576 shares of the insurance provider’s stock worth $854,000 after buying an additional 67 shares during the last quarter. 78.24% of the stock is owned by hedge funds and other institutional investors.

Shares of The Travelers Companies, Inc. (NYSE:TRV) opened at 127.16 on Thursday. The stock has a 50 day moving average of $127.34 and a 200-day moving average of $123.78. The firm has a market capitalization of $35.09 billion, a price-to-earnings ratio of 12.66 and a beta of 1.20. The Travelers Companies, Inc. has a one year low of $103.45 and a one year high of $130.37.

The Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, July 20th. The insurance provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.07 by $0.15. The company had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.31 billion. The Travelers Companies had a return on equity of 11.68% and a net margin of 10.15%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.20 EPS. On average, equities analysts anticipate that The Travelers Companies, Inc. will post $8.90 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $2.88 annualized dividend and a dividend yield of 2.26%. The Travelers Companies’s payout ratio is 28.77%.

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TRV has been the subject of a number of research analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating and set a $126.00 price objective on shares of The Travelers Companies in a research report on Monday, May 22nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $115.00 price objective on shares of The Travelers Companies in a research report on Thursday, May 25th. BidaskClub raised shares of The Travelers Companies from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Bank of America Corporation cut shares of The Travelers Companies from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $120.62 to $129.44 in a research report on Monday, June 19th. Finally, Vetr raised shares of The Travelers Companies from a “hold” rating to a “buy” rating and set a $132.68 price objective for the company in a research report on Tuesday, June 27th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $124.65.

In other The Travelers Companies news, EVP Andy F. Bessette sold 3,300 shares of The Travelers Companies stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $128.50, for a total transaction of $424,050.00. Following the sale, the executive vice president now owns 10,000 shares in the company, valued at $1,285,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Gregory C. Toczydlowski sold 21,527 shares of The Travelers Companies stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $129.30, for a total transaction of $2,783,441.10. Following the sale, the executive vice president now owns 28,452 shares in the company, valued at approximately $3,678,843.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 177,617 shares of company stock worth $22,647,198. 0.82% of the stock is currently owned by corporate insiders.

About The Travelers Companies

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.

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

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