Whittier Trust Co. raised its position in Travelers Companies Inc (NYSE:TRV) by 0.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 80,296 shares of the insurance provider’s stock after acquiring an additional 123 shares during the period. Whittier Trust Co.’s holdings in Travelers Companies were worth $11,939,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TRV. Boston Partners lifted its stake in shares of Travelers Companies by 133.3% in the second quarter. Boston Partners now owns 4,072,444 shares of the insurance provider’s stock valued at $609,075,000 after purchasing an additional 2,326,784 shares during the period. Nuveen Asset Management LLC lifted its stake in shares of Travelers Companies by 757.2% in the second quarter. Nuveen Asset Management LLC now owns 1,624,626 shares of the insurance provider’s stock valued at $242,914,000 after purchasing an additional 1,435,094 shares during the period. APG Asset Management N.V. lifted its stake in shares of Travelers Companies by 155.0% in the second quarter. APG Asset Management N.V. now owns 1,352,816 shares of the insurance provider’s stock valued at $177,619,000 after purchasing an additional 822,400 shares during the period. Thoroughbred Financial Services LLC lifted its stake in shares of Travelers Companies by 16,739.9% in the second quarter. Thoroughbred Financial Services LLC now owns 424,196 shares of the insurance provider’s stock valued at $42,420,000 after purchasing an additional 421,677 shares during the period. Finally, California Public Employees Retirement System lifted its stake in shares of Travelers Companies by 21.6% in the second quarter. California Public Employees Retirement System now owns 2,054,782 shares of the insurance provider’s stock valued at $307,231,000 after purchasing an additional 364,916 shares during the period. Hedge funds and other institutional investors own 81.41% of the company’s stock.

Several brokerages recently commented on TRV. Royal Bank of Canada raised their price objective on shares of Travelers Companies to $160.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 24th. UBS Group raised their price objective on shares of Travelers Companies from $146.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, July 10th. Deutsche Bank cut shares of Travelers Companies from a “hold” rating to a “sell” rating and set a $147.11 price objective for the company. in a research note on Thursday, June 27th. Evercore ISI began coverage on shares of Travelers Companies in a research note on Thursday. They issued an “underperform” rating and a $128.00 price objective for the company. Finally, ValuEngine cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $148.65.

In other Travelers Companies news, Vice Chairman Jay S. Benet sold 21,972 shares of Travelers Companies stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $146.59, for a total transaction of $3,220,875.48. Following the completion of the transaction, the insider now owns 94,588 shares in the company, valued at $13,865,654.92. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Andy F. Bessette sold 11,650 shares of Travelers Companies stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $146.85, for a total transaction of $1,710,802.50. Following the sale, the executive vice president now owns 21,259 shares of the company’s stock, valued at $3,121,884.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 56,566 shares of company stock valued at $8,347,056. 0.73% of the stock is currently owned by company insiders.

TRV traded up $0.88 during midday trading on Friday, reaching $141.36. 1,476,566 shares of the company’s stock were exchanged, compared to its average volume of 1,076,682. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.38 and a quick ratio of 0.38. The stock has a market capitalization of $36.58 billion, a PE ratio of 15.81, a P/E/G ratio of 1.43 and a beta of 0.93. The business’s 50-day moving average price is $146.04 and its 200 day moving average price is $146.20. Travelers Companies Inc has a 1-year low of $111.08 and a 1-year high of $155.09.

Travelers Companies (NYSE:TRV) last announced its earnings results on Tuesday, July 23rd. The insurance provider reported $2.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.32 by ($0.30). The business had revenue of $6.99 billion for the quarter, compared to analyst estimates of $7.03 billion. Travelers Companies had a return on equity of 10.73% and a net margin of 8.65%. The business’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.81 EPS. As a group, analysts expect that Travelers Companies Inc will post 10.61 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Monday, September 9th. Travelers Companies’s payout ratio is currently 36.69%.

Travelers Companies Profile

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

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

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