5,278 Shares in The Travelers Companies, Inc. $TRV Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC acquired a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,278 shares of the insurance provider’s stock, valued at approximately $1,531,000.

A number of other institutional investors have also added to or reduced their stakes in TRV. Greenleaf Trust raised its stake in Travelers Companies by 0.4% during the 4th quarter. Greenleaf Trust now owns 10,036 shares of the insurance provider’s stock worth $2,911,000 after acquiring an additional 37 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in Travelers Companies by 1.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 4,093 shares of the insurance provider’s stock worth $1,143,000 after acquiring an additional 40 shares during the period. Ibex Wealth Advisors raised its stake in Travelers Companies by 1.4% during the 3rd quarter. Ibex Wealth Advisors now owns 2,889 shares of the insurance provider’s stock worth $807,000 after acquiring an additional 40 shares during the period. Valeo Financial Advisors LLC raised its stake in Travelers Companies by 0.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 5,109 shares of the insurance provider’s stock worth $1,367,000 after acquiring an additional 41 shares during the period. Finally, Nilsine Partners LLC raised its stake in Travelers Companies by 0.4% during the 3rd quarter. Nilsine Partners LLC now owns 9,737 shares of the insurance provider’s stock worth $2,719,000 after acquiring an additional 41 shares during the period. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Travelers Companies

In other news, EVP Maria Olivo sold 10,400 shares of Travelers Companies stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $300.75, for a total transaction of $3,127,800.00. Following the sale, the executive vice president owned 117,596 shares in the company, valued at $35,366,997. This trade represents a 8.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Jeffrey P. Klenk sold 16,712 shares of Travelers Companies stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $279.77, for a total transaction of $4,675,516.24. Following the sale, the executive vice president owned 6,075 shares in the company, valued at approximately $1,699,602.75. The trade was a 73.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 92,845 shares of company stock worth $27,239,631. 1.46% of the stock is currently owned by corporate insiders.

Travelers Companies Trading Up 2.2%

Travelers Companies stock opened at $301.40 on Thursday. The stock has a market cap of $65.17 billion, a P/E ratio of 10.95, a PEG ratio of 2.74 and a beta of 0.51. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.33 and a quick ratio of 0.33. The Travelers Companies, Inc. has a 1 year low of $230.47 and a 1 year high of $313.12. The firm’s 50 day moving average price is $298.29 and its 200-day moving average price is $286.89.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Wednesday, January 21st. The insurance provider reported $11.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.34 by $2.79. The firm had revenue of $12.43 billion for the quarter, compared to analysts’ expectations of $11.13 billion. Travelers Companies had a net margin of 12.88% and a return on equity of 20.70%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter last year, the business posted $9.15 earnings per share. On average, equities analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies declared that its board has authorized a share repurchase plan on Wednesday, January 21st that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the insurance provider to purchase up to 8.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, March 10th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. Travelers Companies’s dividend payout ratio (DPR) is presently 15.98%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. The Goldman Sachs Group cut shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $304.00 target price on the stock. in a research note on Wednesday, January 7th. Cantor Fitzgerald raised their target price on shares of Travelers Companies from $316.00 to $319.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Argus upgraded shares of Travelers Companies to a “strong-buy” rating in a research note on Monday, January 26th. Wells Fargo & Company decreased their target price on shares of Travelers Companies from $307.00 to $285.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. raised their target price on shares of Travelers Companies from $302.00 to $305.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 7th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $308.14.

Travelers Companies Profile

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.