The Travelers Companies, Inc. $TRV Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. cut its stake in The Travelers Companies, Inc. (NYSE:TRV) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,815 shares of the insurance provider’s stock after selling 1,764 shares during the period. Travelers Companies accounts for approximately 1.5% of GW Henssler & Associates Ltd.’s investment portfolio, making the stock its 17th largest holding. GW Henssler & Associates Ltd.’s holdings in Travelers Companies were worth $28,577,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TRV. Cornerstone Planning Group LLC grew its stake in shares of Travelers Companies by 700.0% in the first quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 84 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of Travelers Companies in the first quarter worth $26,000. Missouri Trust & Investment Co grew its stake in shares of Travelers Companies by 122.2% in the second quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 55 shares in the last quarter. Flaharty Asset Management LLC bought a new position in shares of Travelers Companies in the first quarter worth $32,000. Finally, Nova Wealth Management Inc. bought a new position in shares of Travelers Companies in the second quarter worth $32,000. Institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Morgan Stanley increased their price target on Travelers Companies from $269.00 to $285.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Weiss Ratings reissued a “buy (b+)” rating on shares of Travelers Companies in a research note on Saturday, September 27th. Evercore ISI reaffirmed an “outperform” rating on shares of Travelers Companies in a research note on Wednesday, October 1st. Barclays set a $313.00 target price on Travelers Companies in a research note on Wednesday. Finally, Wall Street Zen raised Travelers Companies from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and an average target price of $290.11.

Travelers Companies Trading Down 1.6%

NYSE:TRV opened at $269.92 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.27. The Travelers Companies, Inc. has a 1-year low of $230.23 and a 1-year high of $287.95. The firm has a market capitalization of $60.77 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 3.08 and a beta of 0.51. The stock has a fifty day simple moving average of $273.66 and a 200 day simple moving average of $266.16.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Thursday, July 17th. The insurance provider reported $6.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.52 by $2.99. Travelers Companies had a return on equity of 18.68% and a net margin of 10.97%.The business had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.02 billion. During the same quarter last year, the company posted $2.51 EPS. Travelers Companies’s revenue for the quarter was up 7.4% on a year-over-year basis. Sell-side analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th were given a $1.10 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. Travelers Companies’s dividend payout ratio (DPR) is 19.46%.

Insiders Place Their Bets

In related news, EVP Mojgan M. Lefebvre sold 16,820 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $277.54, for a total value of $4,668,222.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Gregory C. Toczydlowski sold 11,505 shares of the stock in a transaction on Monday, July 21st. The shares were sold at an average price of $266.12, for a total value of $3,061,710.60. Following the completion of the transaction, the executive vice president owned 18,416 shares of the company’s stock, valued at $4,900,865.92. This trade represents a 38.45% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.46% of the company’s stock.

Travelers Companies Company 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.