Aware Super Pty Ltd as trustee of Aware Super Makes New $27.21 Million Investment in The Travelers Companies, Inc. $TRV

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 93,295 shares of the insurance provider’s stock, valued at approximately $27,212,000.

A number of other institutional investors have also modified their holdings of the company. Arbejdsmarkedets Tillaegspension purchased a new stake in shares of Travelers Companies during the 4th quarter valued at $24,167,000. Rit Capital Partners PLC acquired a new stake in shares of Travelers Companies in the 4th quarter worth $39,450,000. Robeco Institutional Asset Management B.V. grew its stake in Travelers Companies by 17.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 901,938 shares of the insurance provider’s stock worth $261,616,000 after buying an additional 133,152 shares during the last quarter. AIA Group Ltd purchased a new position in Travelers Companies during the 3rd quarter worth $1,773,000. Finally, Danske Bank A S acquired a new position in Travelers Companies during the 3rd quarter valued at about $52,339,000. 82.45% of the stock is currently owned by institutional investors.

Insider Activity at Travelers Companies

In other news, insider Avrohom J. Kess sold 6,735 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $308.78, for a total value of $2,079,633.30. Following the sale, the insider directly owned 48,737 shares of the company’s stock, valued at $15,049,010.86. This represents a 12.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $307.65, for a total transaction of $3,076,500.00. Following the completion of the sale, the executive vice president owned 45,125 shares in the company, valued at $13,882,706.25. The trade was a 18.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,573 shares of company stock worth $11,504,146 in the last ninety days. 1.39% of the stock is owned by company insiders.

Travelers Companies Stock Up 2.3%

Shares of TRV stock opened at $336.89 on Friday. The Travelers Companies, Inc. has a fifty-two week low of $251.30 and a fifty-two week high of $349.35. The firm has a market capitalization of $71.64 billion, a PE ratio of 10.02, a P/E/G ratio of 2.94 and a beta of 0.46. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.35 and a current ratio of 0.35. The stock’s 50-day simple moving average is $312.92 and its 200-day simple moving average is $301.03.

Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, April 16th. The insurance provider reported $7.71 EPS for the quarter, topping analysts’ consensus estimates of $6.80 by $0.91. The firm had revenue of $11.92 billion during the quarter, compared to the consensus estimate of $11.11 billion. Travelers Companies had a return on equity of 24.06% and a net margin of 15.54%.The company’s revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.91 earnings per share. Equities analysts expect that The Travelers Companies, Inc. will post 28.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TRV has been the subject of a number of research analyst reports. Cantor Fitzgerald increased their price target on Travelers Companies from $335.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Morgan Stanley lowered Travelers Companies from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $333.00 to $290.00 in a research note on Wednesday. JPMorgan Chase & Co. upgraded shares of Travelers Companies from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $316.00 to $322.00 in a report on Tuesday, May 26th. Bank of America decreased their price objective on shares of Travelers Companies from $259.00 to $257.00 and set an “underperform” rating for the company in a research report on Tuesday, April 14th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Travelers Companies in a research note on Monday, July 6th. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, twelve have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average target price of $329.11.

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.