Callan Family Office LLC Acquires 3,542 Shares of The Travelers Companies, Inc. $TRV

Callan Family Office LLC boosted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 203.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,280 shares of the insurance provider's stock after buying an additional 3,542 shares during the period. Callan Family Office LLC's holdings in Travelers Companies were worth $1,413,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TRV. Cornerstone Planning Group LLC raised its position in Travelers Companies by 700.0% during the first quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider's stock valued at $25,000 after purchasing an additional 84 shares in the last quarter. Greykasell Wealth Strategies Inc. purchased a new stake in Travelers Companies during the first quarter valued at about $26,000. Missouri Trust & Investment Co raised its position in Travelers Companies by 122.2% during the second quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider's stock valued at $27,000 after purchasing an additional 55 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in Travelers Companies during the first quarter valued at about $32,000. Finally, Nova Wealth Management Inc. purchased a new stake in Travelers Companies during the second quarter valued at about $32,000. Institutional investors own 82.45% of the company's stock.

Insider Buying and Selling

In other Travelers Companies news, EVP Mojgan M. Lefebvre sold 16,820 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $277.54, for a total transaction of $4,668,222.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Gregory C. Toczydlowski sold 11,505 shares of the company's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $266.12, for a total value of $3,061,710.60. Following the transaction, the executive vice president owned 18,416 shares in the company, valued at $4,900,865.92. This trade represents a 38.45% decrease in their position. The disclosure for this sale can be found here. 1.46% of the stock is currently owned by corporate insiders.

Travelers Companies Stock Down 1.6%

Shares of NYSE:TRV opened at $269.92 on Friday. The Travelers Companies, Inc. has a 1 year low of $230.23 and a 1 year high of $287.95. The company has a market cap of $60.77 billion, a PE ratio of 11.94, a P/E/G ratio of 3.08 and a beta of 0.51. 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 stock's 50-day moving average is $273.66 and its 200 day moving average is $266.16.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The insurance provider reported $6.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.52 by $2.99. Travelers Companies had a return on equity of 18.68% and a net margin of 10.97%.The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.02 billion. During the same quarter in the previous year, the business earned $2.51 EPS. Travelers Companies's revenue was up 7.4% compared to the same quarter last year. Sell-side analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Wednesday, September 10th were issued a dividend of $1.10 per share. The ex-dividend date was Wednesday, September 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. Travelers Companies's dividend payout ratio is 19.46%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TRV. Cantor Fitzgerald upgraded Travelers Companies to a "strong-buy" rating in a report on Wednesday, August 13th. Wells Fargo & Company lifted their price objective on Travelers Companies from $275.00 to $291.00 and gave the stock an "equal weight" rating in a report on Wednesday. Morgan Stanley lifted their price objective on Travelers Companies from $269.00 to $285.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 7th. Barclays set a $313.00 price objective on Travelers Companies in a report on Wednesday. Finally, Weiss Ratings reiterated a "buy (b+)" rating on shares of Travelers Companies in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $290.11.

Travelers Companies 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.

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