Dynamic Technology Lab Private Ltd bought a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 7,900 shares of the insurance provider’s stock, valued at approximately $968,000.

A number of other large investors have also bought and sold shares of the business. Tradewinds Capital Management LLC boosted its stake in shares of The Travelers Companies by 1.1% during the 2nd quarter. Tradewinds Capital Management LLC now owns 905 shares of the insurance provider’s stock worth $115,000 after purchasing an additional 10 shares during the last quarter. Intellectus Partners LLC boosted its position in shares of The Travelers Companies by 4.6% in the second quarter. Intellectus Partners LLC now owns 933 shares of the insurance provider’s stock worth $118,000 after acquiring an additional 41 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its position in shares of The Travelers Companies by 3.6% in the second quarter. Thompson Siegel & Walmsley LLC now owns 995 shares of the insurance provider’s stock worth $126,000 after acquiring an additional 35 shares during the last quarter. Omnia Family Wealth LLC boosted its position in shares of The Travelers Companies by 4.7% in the second quarter. Omnia Family Wealth LLC now owns 1,015 shares of the insurance provider’s stock worth $128,000 after acquiring an additional 46 shares during the last quarter. Finally, Sandy Spring Bank boosted its position in shares of The Travelers Companies by 4.4% in the second quarter. Sandy Spring Bank now owns 1,070 shares of the insurance provider’s stock worth $136,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 78.14% of the company’s stock.

In other news, EVP Andy F. Bessette sold 2,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $132.98, for a total transaction of $265,960.00. Following the completion of the transaction, the executive vice president now owns 8,000 shares of the company’s stock, valued at $1,063,840. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.82% of the company’s stock.

The Travelers Companies, Inc. (TRV) traded up $0.86 during mid-day trading on Wednesday, reaching $130.63. 1,128,600 shares of the company’s stock traded hands, compared to its average volume of 1,496,494. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 12-month low of $111.83 and a 12-month high of $135.71. The company has a market capitalization of $35,517.52, a price-to-earnings ratio of 15.85, a price-to-earnings-growth ratio of 2.50 and a beta of 1.26.

The Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Thursday, October 19th. The insurance provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.10 by ($1.19). The Travelers Companies had a net margin of 8.56% and a return on equity of 9.87%. The firm had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period last year, the firm posted $2.40 EPS. The business’s revenue was up 4.2% compared to the same quarter last year. equities research analysts predict that The Travelers Companies, Inc. will post 6.91 earnings per share for the current fiscal year.

The Travelers Companies announced that its Board of Directors has approved a stock repurchase program on Monday, September 11th that allows the company to repurchase outstanding shares. This repurchase authorization allows the insurance provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 11th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Friday, December 8th. The Travelers Companies’s dividend payout ratio (DPR) is 33.45%.

Several equities research analysts recently issued reports on TRV shares. MKM Partners reissued a “neutral” rating and issued a $130.00 target price (up from $115.00) on shares of The Travelers Companies in a research report on Wednesday, July 26th. Wells Fargo & Company reissued a “hold” rating and issued a $125.00 target price on shares of The Travelers Companies in a research report on Tuesday, September 12th. Credit Suisse Group decreased their target price on shares of The Travelers Companies from $128.00 to $125.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 12th. B. Riley reaffirmed a “neutral” rating on shares of The Travelers Companies in a research report on Monday, November 6th. Finally, Royal Bank Of Canada lifted their price target on shares of The Travelers Companies to $140.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $128.54.

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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.

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

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