Arjuna Capital Has $4.88 Million Stake in The Travelers Companies, Inc. (NYSE:TRV)

Arjuna Capital reduced its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 9.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 18,467 shares of the insurance provider's stock after selling 1,935 shares during the period. Travelers Companies accounts for approximately 1.4% of Arjuna Capital's investment portfolio, making the stock its 16th largest holding. Arjuna Capital's holdings in Travelers Companies were worth $4,884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TRV. Brighton Jones LLC increased its stake in shares of Travelers Companies by 13.4% in the 4th quarter. Brighton Jones LLC now owns 3,277 shares of the insurance provider's stock valued at $789,000 after buying an additional 387 shares during the period. Revolve Wealth Partners LLC acquired a new stake in shares of Travelers Companies during the fourth quarter worth $276,000. Proficio Capital Partners LLC acquired a new stake in shares of Travelers Companies during the fourth quarter worth $399,000. PFG Advisors grew its stake in shares of Travelers Companies by 3.2% during the fourth quarter. PFG Advisors now owns 2,038 shares of the insurance provider's stock worth $491,000 after purchasing an additional 64 shares during the period. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Travelers Companies by 14.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 11,787 shares of the insurance provider's stock worth $2,839,000 after purchasing an additional 1,446 shares during the period. 82.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TRV shares. Evercore ISI boosted their target price on Travelers Companies from $288.00 to $296.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. UBS Group decreased their target price on Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a research note on Wednesday, April 9th. Morgan Stanley set a $269.00 target price on Travelers Companies and gave the company an "equal weight" rating in a research note on Monday, May 19th. Wall Street Zen upgraded Travelers Companies from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. Finally, HSBC lowered Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a report on Monday, March 24th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $271.00.

Travelers Companies Stock Performance

Shares of Travelers Companies stock opened at $254.26 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average price of $267.10 and a two-hundred day moving average price of $255.80. The Travelers Companies, Inc. has a 1-year low of $202.95 and a 1-year high of $277.83. The company has a market cap of $57.43 billion, a P/E ratio of 13.84, a PEG ratio of 3.72 and a beta of 0.51.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its earnings results on Wednesday, April 16th. The insurance provider reported $1.91 EPS for the quarter, beating the consensus estimate of $0.53 by $1.38. The company had revenue of $10.52 billion during the quarter, compared to the consensus estimate of $10.97 billion. Travelers Companies had a return on equity of 16.10% and a net margin of 9.09%. During the same period last year, the business posted $4.69 EPS. As a group, analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 10th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend was Tuesday, June 10th. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. Travelers Companies's payout ratio is 23.95%.

Insider Buying and Selling

In related news, EVP Michael Frederick Klein sold 9,044 shares of Travelers Companies stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $274.17, for a total value of $2,479,593.48. Following the completion of the transaction, the executive vice president directly owned 33,638 shares in the company, valued at approximately $9,222,530.46. The trade was a 21.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Avrohom J. Kess sold 23,434 shares of Travelers Companies stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $273.93, for a total transaction of $6,419,275.62. Following the completion of the transaction, the insider owned 48,387 shares of the company's stock, valued at $13,254,650.91. This represents a 32.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 163,869 shares of company stock worth $44,868,201 in the last three months. Insiders own 1.46% of the company's stock.

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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