2,407 Shares in The Travelers Companies, Inc. $TRV Acquired by Integrity Alliance LLC.

Key Points

• Integrity Alliance LLC has purchased 2,407 shares of The Travelers Companies, Inc. valued at approximately $637,000, indicating a new investment position by the firm in the insurance sector.
• Insider sales include Mojgan M. Lefebvre selling 16,820 shares for over $4.6 million, and Gregory C. Toczydlowski selling 11,505 shares valued at over $3 million, showing significant insider activity.
• The Travelers Companies reported an earnings beat for the last quarter, with $6.51 earnings per share, significantly higher than the $3.52 consensus estimate, alongside a revenue increase of 7.4% year-over-year.

Integrity Alliance LLC. bought a new position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,407 shares of the insurance provider's stock, valued at approximately $637,000.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Travelers Companies by 0.5% in the first quarter. Vanguard Group Inc. now owns 21,733,556 shares of the insurance provider's stock worth $5,747,656,000 after buying an additional 115,808 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Travelers Companies by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,403,539 shares of the insurance provider's stock worth $899,988,000 after acquiring an additional 25,573 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Travelers Companies by 12.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,712,620 shares of the insurance provider's stock worth $653,443,000 after acquiring an additional 291,506 shares during the period. GAMMA Investing LLC grew its stake in shares of Travelers Companies by 31,132.9% in the first quarter. GAMMA Investing LLC now owns 2,203,481 shares of the insurance provider's stock worth $582,733,000 after acquiring an additional 2,196,426 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Travelers Companies by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider's stock worth $511,631,000 after acquiring an additional 390,104 shares during the period. 82.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Travelers Companies

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

Analyst Ratings Changes

A number of analysts have recently commented on the stock. UBS Group lifted their price target on shares of Travelers Companies from $275.00 to $284.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Citigroup assumed coverage on shares of Travelers Companies in a research note on Wednesday, August 13th. They issued a "neutral" rating and a $291.00 price target for the company. Wall Street Zen lowered shares of Travelers Companies from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Barclays lowered shares of Travelers Companies from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $280.00 to $274.00 in a research note on Monday, July 7th. Finally, Wells Fargo & Company lifted their price target on shares of Travelers Companies from $264.00 to $275.00 and gave the stock an "equal weight" rating in a research note on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $284.56.

Travelers Companies Price Performance

Shares of TRV traded down $2.53 during mid-day trading on Monday, reaching $276.40. The stock had a trading volume of 805,427 shares, compared to its average volume of 1,085,606. The firm has a market cap of $62.23 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 3.20 and a beta of 0.53. The Travelers Companies, Inc. has a 12 month low of $224.62 and a 12 month high of $280.70. The business has a fifty day moving average of $266.48 and a 200 day moving average of $263.67. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.33 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV - Get Free Report) last released its earnings results on Thursday, July 17th. The insurance provider reported $6.51 EPS for the quarter, topping the consensus estimate of $3.52 by $2.99. Travelers Companies had a net margin of 10.97% and a return on equity of 18.68%. The firm 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 firm earned $2.51 earnings per share. The company's quarterly revenue was up 7.4% compared to the same quarter last year. Equities analysts predict 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 will be paid on Tuesday, September 30th. Stockholders of record on Wednesday, September 10th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. Travelers Companies's dividend payout ratio is currently 19.46%.

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.