Groupe la Francaise Has $7.63 Million Holdings in The Travelers Companies, Inc. $TRV

Groupe la Francaise reduced its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 6.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 26,152 shares of the insurance provider’s stock after selling 1,771 shares during the quarter. Groupe la Francaise’s holdings in Travelers Companies were worth $7,628,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TRV. HHM Wealth Advisors LLC boosted its stake in shares of Travelers Companies by 145.7% during the 1st quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider’s stock worth $25,000 after acquiring an additional 51 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in Travelers Companies in the 1st quarter worth approximately $26,000. Kemnay Advisory Services Inc. bought a new stake in Travelers Companies during the fourth quarter worth approximately $26,000. Osterweis Capital Management Inc. grew its holdings in Travelers Companies by 1,820.0% during the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 91 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Travelers Companies during the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Transactions at Travelers Companies

In other news, EVP David Donnay Rowland sold 5,000 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $371.69, for a total transaction of $1,858,450.00. Following the completion of the transaction, the executive vice president directly owned 10,479 shares of the company’s stock, valued at $3,894,939.51. This represents a 32.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Daniel S. Frey sold 14,037 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $368.24, for a total transaction of $5,168,984.88. Following the completion of the transaction, the chief financial officer directly owned 27,535 shares of the company’s stock, valued at approximately $10,139,488.40. This trade represents a 33.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 62,667 shares of company stock valued at $22,688,329. 1.39% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Weiss Ratings reiterated a “buy (a-)” rating on shares of Travelers Companies in a report on Friday, May 8th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $356.00 target price (up from $342.00) on shares of Travelers Companies in a research note on Wednesday, July 8th. Piper Sandler lifted their price target on Travelers Companies to $340.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. HSBC increased their price objective on Travelers Companies from $321.00 to $351.00 and gave the company a “hold” rating in a research report on Monday, July 6th. Finally, TD Cowen cut shares of Travelers Companies from a “hold” rating to a “sell” rating and set a $297.00 target price for the company. in a research note on Monday, July 13th. Four investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $354.26.

Travelers Companies Price Performance

Shares of Travelers Companies stock opened at $374.88 on Friday. The firm’s 50-day moving average price is $329.97 and its two-hundred day moving average price is $308.01. The Travelers Companies, Inc. has a 1-year low of $252.26 and a 1-year high of $398.70. The stock has a market capitalization of $78.19 billion, a price-to-earnings ratio of 10.04, a P/E/G ratio of 3.61 and a beta of 0.46. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.27.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Friday, July 17th. The insurance provider reported $10.04 earnings per share for the quarter, topping the consensus estimate of $5.41 by $4.63. Travelers Companies had a net margin of 16.95% and a return on equity of 25.41%. The firm had revenue of $12.15 billion during the quarter, compared to analysts’ expectations of $11.26 billion. During the same quarter in the previous year, the company posted $6.51 EPS. Travelers Companies’s revenue was up .3% on a year-over-year basis. On average, equities analysts predict that The Travelers Companies, Inc. will post 33.47 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be issued a $1.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $5.00 annualized dividend and a yield of 1.3%. Travelers Companies’s dividend payout ratio (DPR) is currently 13.39%.

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.