Fidelis Capital Partners LLC Purchases 1,753 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Fidelis Capital Partners LLC lifted its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 163.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,828 shares of the insurance provider's stock after acquiring an additional 1,753 shares during the period. Fidelis Capital Partners LLC's holdings in Travelers Companies were worth $733,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Travelers Companies by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider's stock valued at $5,207,499,000 after buying an additional 117,108 shares during the period. FMR LLC boosted its stake in Travelers Companies by 1.6% during the fourth quarter. FMR LLC now owns 14,277,851 shares of the insurance provider's stock valued at $3,439,392,000 after buying an additional 229,160 shares during the period. Geode Capital Management LLC boosted its stake in Travelers Companies by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 5,258,490 shares of the insurance provider's stock valued at $1,269,321,000 after buying an additional 182,270 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Travelers Companies by 1.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,752,484 shares of the insurance provider's stock valued at $903,937,000 after buying an additional 70,036 shares during the period. Finally, Bank of America Corp DE boosted its stake in Travelers Companies by 236.9% during the fourth quarter. Bank of America Corp DE now owns 3,507,219 shares of the insurance provider's stock valued at $844,854,000 after buying an additional 2,466,098 shares during the period. 82.45% of the stock is owned by institutional investors.

Insider Activity at Travelers Companies

In related news, EVP Maria Olivo sold 36,199 shares of the business's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $274.20, for a total transaction of $9,925,765.80. Following the transaction, the executive vice president owned 118,116 shares in the company, valued at $32,387,407.20. The trade was a 23.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Alan D. Schnitzer sold 35,456 shares of the business's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $273.78, for a total value of $9,707,143.68. Following the transaction, the chief executive officer owned 262,329 shares in the company, valued at approximately $71,820,433.62. This represents a 11.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 163,869 shares of company stock worth $44,868,201 over the last 90 days. 1.46% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TRV has been the subject of several research analyst reports. Keefe, Bruyette & Woods lifted their price objective on Travelers Companies from $290.00 to $303.00 and gave the company an "outperform" rating in a research note on Wednesday, May 28th. UBS Group dropped their price objective 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. HSBC lowered Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Monday, March 24th. Evercore ISI raised their price target on Travelers Companies from $288.00 to $296.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. Finally, Morgan Stanley set a $269.00 price target on Travelers Companies and gave the company an "equal weight" rating in a research report on Monday, May 19th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $271.00.

Travelers Companies Trading Down 0.7%

Shares of TRV traded down $1.73 during trading hours on Friday, hitting $254.26. The company had a trading volume of 782,224 shares, compared to its average volume of 1,287,533. The firm has a market cap of $57.43 billion, a P/E ratio of 13.84, a P/E/G ratio of 3.73 and a beta of 0.51. The stock's 50 day moving average price is $267.10 and its 200 day moving average price is $255.80. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.28. The Travelers Companies, Inc. has a 52-week low of $202.95 and a 52-week high of $277.83.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 EPS for the quarter, topping the consensus estimate of $0.53 by $1.38. The firm had revenue of $10.52 billion for 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 quarter in the previous year, the business earned $4.69 earnings per share. On average, research analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Increases Dividend

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

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.