23,046 Shares of The Travelers Companies, Inc. $TRV Acquired by One Way Holdings LLC

One Way Holdings LLC purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 23,046 shares of the insurance provider’s stock, valued at approximately $8,216,000.

A number of other hedge funds also recently made changes to their positions in TRV. Whipplewood Advisors LLC purchased a new position in shares of Travelers Companies in the first quarter valued at about $26,000. LifeSteps Financial Inc. purchased a new position in Travelers Companies during the 2nd quarter valued at approximately $26,000. Kilter Group LLC bought a new position in shares of Travelers Companies in the 2nd quarter valued at about $26,000. Latitude Advisors LLC bought a new stake in shares of Travelers Companies in the 3rd quarter valued at approximately $28,000. Finally, Delos Wealth Advisors LLC bought a new position in shares of Travelers Companies during the 2nd quarter valued at approximately $30,000. 82.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TRV shares. Wells Fargo & Company increased their price objective on shares of Travelers Companies from $341.00 to $377.00 and gave the stock an “equal weight” rating in a research report on Monday, October 19th. Weiss Ratings upgraded shares of Travelers Companies from a “buy (a)” rating to a “buy (a+)” rating in a report on Friday, October 9th. Mizuho lifted their price objective on shares of Travelers Companies from $345.00 to $371.00 and gave the company a “neutral” rating in a report on Tuesday, October 20th. Zacks Research downgraded Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Finally, Cantor Fitzgerald increased their price objective on shares of Travelers Companies from $378.00 to $397.00 and gave the company an “overweight” rating in a research note on Monday, October 26th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $366.37.

Insider Transactions at Travelers Companies

In other news, CEO Alan D. Schnitzer sold 88,900 shares of the company’s stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $396.77, for a total transaction of $35,272,853.00. Following the transaction, the chief executive officer directly owned 303,124 shares of the company’s stock, valued at $120,270,509.48. This represents a 22.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mojgan M. Lefebvre sold 11,000 shares of Travelers Companies stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $393.84, for a total value of $4,332,240.00. Following the transaction, the executive vice president directly owned 11,000 shares of the company’s stock, valued at $4,332,240. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 180,287 shares of company stock worth $71,713,050 over the last three months. 1.39% of the stock is currently owned by company insiders.

Travelers Companies Stock Up 0.0%

Shares of TRV stock opened at $396.39 on Monday. The stock has a market cap of $81.24 billion, a P/E ratio of 10.39, a P/E/G ratio of 2.74 and a beta of 0.43. The Travelers Companies, Inc. has a twelve month low of $264.25 and a twelve month high of $407.86. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average of $374.52 and a 200 day moving average of $329.53.

Travelers Companies (NYSE:TRV) last issued its earnings results on Friday, October 16th. The insurance provider reported $9.18 EPS for the quarter, beating analysts’ consensus estimates of $7.39 by $1.79. The business had revenue of $12.41 billion during the quarter, compared to analysts’ expectations of $11.36 billion. Travelers Companies had a net margin of 17.03% and a return on equity of 26.19%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the business earned $8.14 earnings per share. As a group, sell-side analysts expect that The Travelers Companies, Inc. will post 36.27 EPS for the current year.

Travelers Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 10th. Travelers Companies’s dividend payout ratio is presently 13.11%.

Travelers Companies Company Profile

Travelers Companies, Inc is a property and casualty insurance company that provides insurance products and related services to businesses, government entities and individuals. The company offers coverage for property damage, liability, workers’ compensation, automobile accidents, cybersecurity risks and other exposures.

Travelers conducts its operations primarily through its Business Insurance, Bond & Specialty Insurance and Personal Insurance segments. Its products include commercial property and casualty policies, surety and fidelity bonds, homeowners insurance, personal automobile insurance and umbrella coverage.