Travelers Companies Inc (NYSE:TRV) EVP Andy F. Bessette sold 11,650 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $146.85, for a total transaction of $1,710,802.50. Following the sale, the executive vice president now owns 21,259 shares of the company’s stock, valued at $3,121,884.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NYSE TRV traded up $0.53 during trading on Wednesday, reaching $147.04. 638,900 shares of the stock were exchanged, compared to its average volume of 1,320,975. The business’s 50-day moving average price is $149.77 and its 200 day moving average price is $141.86. Travelers Companies Inc has a twelve month low of $111.08 and a twelve month high of $155.09. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $38.23 billion, a price-to-earnings ratio of 16.45, a price-to-earnings-growth ratio of 1.39 and a beta of 0.94.

Travelers Companies (NYSE:TRV) last posted its earnings results on Tuesday, July 23rd. The insurance provider reported $2.02 EPS for the quarter, missing analysts’ consensus estimates of $2.32 by ($0.30). Travelers Companies had a return on equity of 10.73% and a net margin of 8.65%. The firm had revenue of $6.99 billion for the quarter, compared to analyst estimates of $7.03 billion. During the same period in the previous year, the firm posted $1.81 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. As a group, sell-side analysts expect that Travelers Companies Inc will post 10.63 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th will be given a dividend of $0.82 per share. The ex-dividend date is Monday, September 9th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.23%. Travelers Companies’s payout ratio is currently 36.69%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Twin Capital Management Inc. raised its holdings in Travelers Companies by 1.0% in the first quarter. Twin Capital Management Inc. now owns 32,380 shares of the insurance provider’s stock valued at $4,441,000 after acquiring an additional 330 shares in the last quarter. Goelzer Investment Management Inc. raised its holdings in Travelers Companies by 18.2% in the first quarter. Goelzer Investment Management Inc. now owns 66,516 shares of the insurance provider’s stock valued at $9,123,000 after acquiring an additional 10,239 shares in the last quarter. Douglas Lane & Associates LLC raised its holdings in Travelers Companies by 6.5% in the second quarter. Douglas Lane & Associates LLC now owns 2,080 shares of the insurance provider’s stock valued at $311,000 after acquiring an additional 127 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Travelers Companies by 9.1% in the second quarter. Sequoia Financial Advisors LLC now owns 2,452 shares of the insurance provider’s stock valued at $367,000 after acquiring an additional 205 shares in the last quarter. Finally, Financial Counselors Inc. raised its holdings in Travelers Companies by 13.3% in the first quarter. Financial Counselors Inc. now owns 52,540 shares of the insurance provider’s stock valued at $7,206,000 after acquiring an additional 6,175 shares in the last quarter. 81.19% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have issued reports on TRV shares. Keefe, Bruyette & Woods downgraded shares of Travelers Companies from an “outperform” rating to a “market perform” rating and set a $153.00 price objective for the company. in a research note on Wednesday, June 5th. Buckingham Research downgraded shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $158.00 price objective for the company. in a research note on Friday, July 19th. Barclays set a $177.00 price objective on shares of Travelers Companies and gave the stock a “buy” rating in a research note on Monday, August 12th. Royal Bank of Canada boosted their price objective on shares of Travelers Companies to $160.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 24th. Finally, Morgan Stanley decreased their price objective on shares of Travelers Companies from $140.00 to $136.00 and set an “underweight” rating for the company in a research note on Thursday, August 15th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. Travelers Companies presently has an average rating of “Hold” and an average target price of $148.78.

About Travelers Companies

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

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Insider Buying and Selling by Quarter for Travelers Companies (NYSE:TRV)

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