Boston Private Wealth LLC lifted its stake in Travelers Companies Inc (NYSE:TRV) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,191 shares of the insurance provider’s stock after purchasing an additional 148 shares during the quarter. Boston Private Wealth LLC’s holdings in Travelers Companies were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Trust Co. NA lifted its position in Travelers Companies by 4.1% in the 2nd quarter. Private Trust Co. NA now owns 3,545 shares of the insurance provider’s stock valued at $530,000 after acquiring an additional 138 shares in the last quarter. Fulton Bank N.A. lifted its position in Travelers Companies by 33.4% in the 2nd quarter. Fulton Bank N.A. now owns 9,774 shares of the insurance provider’s stock valued at $1,462,000 after acquiring an additional 2,445 shares in the last quarter. Douglas Lane & Associates LLC lifted its position in Travelers Companies by 6.5% in the 2nd 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. KAMES CAPITAL plc lifted its position in Travelers Companies by 92.8% in the 2nd quarter. KAMES CAPITAL plc now owns 14,455 shares of the insurance provider’s stock valued at $2,161,000 after acquiring an additional 6,956 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its position in Travelers Companies by 3.3% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 26,286 shares of the insurance provider’s stock valued at $3,930,000 after acquiring an additional 835 shares in the last quarter. 82.10% of the stock is currently owned by hedge funds and other institutional investors.

In other Travelers Companies news, Vice Chairman Jay S. Benet sold 21,972 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $146.59, for a total value of $3,220,875.48. Following the completion of the sale, the insider now owns 94,588 shares in the company, valued at approximately $13,865,654.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Andy F. Bessette sold 11,650 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $146.85, for a total value of $1,710,802.50. Following the completion of the sale, the executive vice president now owns 21,259 shares of the company’s stock, valued at approximately $3,121,884.15. The disclosure for this sale can be found here. Insiders sold a total of 37,167 shares of company stock valued at $5,454,246 in the last quarter. 0.73% of the stock is currently owned by company insiders.

NYSE:TRV opened at $133.29 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.38 and a quick ratio of 0.38. The firm has a market capitalization of $33.88 billion, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 1.45 and a beta of 0.90. Travelers Companies Inc has a one year low of $111.08 and a one year high of $155.09. The business has a fifty day moving average price of $139.49 and a 200-day moving average price of $145.71.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Tuesday, October 22nd. The insurance provider reported $1.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.35 by ($0.92). Travelers Companies had a return on equity of 9.13% and a net margin of 7.57%. The business had revenue of $7.57 billion during the quarter, compared to analysts’ expectations of $7.17 billion. During the same quarter in the previous year, the company posted $2.54 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. On average, equities research analysts expect that Travelers Companies Inc will post 9.76 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $3.28 dividend on an annualized basis and a yield of 2.46%. Travelers Companies’s payout ratio is presently 36.69%.

Several research firms recently issued reports on TRV. Deutsche Bank raised Travelers Companies from a “sell” rating to a “hold” rating and set a $140.00 price objective on the stock in a research report on Tuesday, October 22nd. Bank of America cut Travelers Companies from a “buy” rating to a “neutral” rating and set a $156.00 price objective on the stock. in a research report on Wednesday, September 18th. MKM Partners raised Travelers Companies from a “neutral” rating to a “buy” rating and upped their price objective for the company from $130.00 to $160.00 in a research report on Monday, October 28th. Buckingham Research cut Travelers Companies from a “buy” rating to a “neutral” rating and set a $158.00 price objective on the stock. in a research report on Friday, July 19th. Finally, Barclays lowered their price objective on Travelers Companies from $177.00 to $174.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $147.93.

Travelers Companies Company Profile

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.

Read More: How To Calculate Debt-to-Equity Ratio

Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

Receive News & Ratings for Travelers Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelers Companies and related companies with MarketBeat.com's FREE daily email newsletter.