Shares of Travelers Companies Inc (NYSE:TRV) have been assigned an average rating of “Hold” from the twenty analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $135.42.

Several research firms recently issued reports on TRV. Argus lifted their price target on shares of Travelers Companies from $139.00 to $145.00 and gave the company a “positive” rating in a research report on Monday, October 23rd. They noted that the move was a valuation call. UBS Group lifted their price target on shares of Travelers Companies from $131.00 to $139.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Wells Fargo & Co set a $125.00 price target on shares of Travelers Companies and gave the company a “hold” rating in a research report on Tuesday, November 14th. ValuEngine downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $152.00 price target on shares of Travelers Companies in a research report on Wednesday, December 6th.

Shares of Travelers Companies (NYSE:TRV) traded up $1.06 during mid-day trading on Wednesday, hitting $138.14. 2,404,566 shares of the stock traded hands, compared to its average volume of 2,266,494. The firm has a market cap of $37,203.51, a P/E ratio of 18.90, a price-to-earnings-growth ratio of 1.83 and a beta of 1.26. Travelers Companies has a one year low of $113.76 and a one year high of $150.55. The company has a current ratio of 0.39, a quick ratio of 0.41 and a debt-to-equity ratio of 0.28.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Tuesday, January 23rd. The insurance provider reported $2.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by ($0.28). Travelers Companies had a net margin of 7.13% and a return on equity of 8.61%. The business had revenue of $7.45 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same period in the previous year, the business posted $3.20 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. equities analysts expect that Travelers Companies will post 10.59 EPS for the current year.

Travelers Companies declared that its Board of Directors has authorized a stock repurchase plan on Thursday, November 9th that authorizes the company to buyback outstanding shares. This buyback authorization authorizes the insurance provider to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 9th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, March 8th. Travelers Companies’s dividend payout ratio (DPR) is presently 39.40%.

In related news, Director Todd C. Schermerhorn acquired 1,120 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were acquired at an average cost of $134.21 per share, for a total transaction of $150,315.20. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, COO Brian W. Maclean sold 88,607 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $149.29, for a total value of $13,228,139.03. Following the transaction, the chief operating officer now owns 211,293 shares in the company, valued at $31,543,931.97. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 183,599 shares of company stock worth $26,487,501. Company insiders own 0.82% of the company’s stock.

A number of large investors have recently modified their holdings of TRV. Stelac Advisory Services LLC bought a new stake in shares of Travelers Companies during the 4th quarter worth $101,000. Field & Main Bank bought a new stake in shares of Travelers Companies during the 4th quarter worth $102,000. Fieldpoint Private Securities LLC bought a new stake in shares of Travelers Companies during the 3rd quarter worth $106,000. Valeo Financial Advisors LLC bought a new stake in shares of Travelers Companies during the 3rd quarter worth $108,000. Finally, Intellectus Partners LLC raised its stake in shares of Travelers Companies by 4.6% during the 2nd quarter. Intellectus Partners LLC now owns 933 shares of the insurance provider’s stock worth $118,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 78.59% of the company’s stock.

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About Travelers Companies

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

Analyst Recommendations for Travelers Companies (NYSE:TRV)

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