Shares of The Travelers Companies, Inc. (NYSE:TRV - Get Free Report) have been assigned a consensus rating of "Hold" from the twenty-six brokerages that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have issued a buy rating and four have given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $354.2632.
Several equities analysts have commented on TRV shares. Keefe, Bruyette & Woods reissued a "market perform" rating and set a $356.00 price objective (up from $342.00) on shares of Travelers Companies in a research report on Wednesday, July 8th. Seaport Research Partners set a $322.00 target price on shares of Travelers Companies in a research report on Tuesday, May 26th. Zacks Research raised shares of Travelers Companies from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 29th. Wells Fargo & Company boosted their price objective on shares of Travelers Companies from $295.00 to $334.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of Travelers Companies from a "buy (a-)" rating to a "buy (a)" rating in a report on Thursday, August 20th.
Check Out Our Latest Analysis on TRV
Travelers Companies Stock Performance
Shares of TRV opened at $369.85 on Friday. The company has a 50-day simple moving average of $358.56 and a two-hundred day simple moving average of $320.77. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a market capitalization of $77.14 billion, a PE ratio of 9.90, a price-to-earnings-growth ratio of 3.51 and a beta of 0.45. Travelers Companies has a one year low of $252.26 and a one year high of $398.70.
Travelers Companies (NYSE:TRV - Get Free Report) last posted its earnings results on Friday, July 17th. The insurance provider reported $10.04 earnings per share for the quarter, topping analysts' consensus estimates of $5.41 by $4.63. Travelers Companies had a return on equity of 25.41% and a net margin of 16.95%.The firm had revenue of $12.15 billion for the quarter, compared to the consensus estimate of $11.26 billion. During the same quarter in the prior year, the business earned $6.51 EPS. The business's revenue for the quarter was up .3% on a year-over-year basis. On average, analysts anticipate that Travelers Companies will post 33.82 EPS for the current fiscal year.
Travelers Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. Travelers Companies's payout ratio is currently 13.39%.
Insider Buying and Selling
In related news, EVP Daniel Tei-Hwa Yin sold 7,153 shares of the firm's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $387.00, for a total transaction of $2,768,211.00. Following the completion of the transaction, the executive vice president owned 68,834 shares of the company's stock, valued at $26,638,758. This trade represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michael Frederick Klein sold 6,000 shares of Travelers Companies stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $366.09, for a total value of $2,196,540.00. Following the transaction, the executive vice president owned 45,125 shares of the company's stock, valued at $16,519,811.25. The trade was a 11.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 52,667 shares of company stock worth $19,611,829 over the last three months. Corporate insiders own 1.39% of the company's stock.
Institutional Trading of Travelers Companies
A number of institutional investors and hedge funds have recently bought and sold shares of the company. HHM Wealth Advisors LLC grew its holdings in shares of Travelers Companies by 145.7% during the first quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider's stock valued at $25,000 after buying an additional 51 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Travelers Companies during the first quarter valued at approximately $26,000. LifeSteps Financial Inc. purchased a new position in Travelers Companies in the 2nd quarter worth approximately $26,000. Kilter Group LLC bought a new position in Travelers Companies in the 2nd quarter valued at approximately $26,000. Finally, Kemnay Advisory Services Inc. bought a new position in Travelers Companies in the 4th quarter valued at approximately $26,000. 82.45% of the stock is currently owned by institutional investors.
Travelers Companies Company Profile
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Get Free Report)
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.
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