Kintegral Advisory LLC Decreases Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Kintegral Advisory LLC lowered its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 32.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,711 shares of the insurance provider's stock after selling 3,785 shares during the period. Kintegral Advisory LLC's holdings in Travelers Companies were worth $2,039,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of TRV. Putney Financial Group LLC acquired a new stake in shares of Travelers Companies during the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. purchased a new position in Travelers Companies during the 4th quarter worth approximately $26,000. Kapitalo Investimentos Ltda purchased a new stake in shares of Travelers Companies in the fourth quarter valued at $30,000. Wood Tarver Financial Group LLC purchased a new stake in shares of Travelers Companies in the fourth quarter valued at $33,000. Finally, Generali Investments Management Co LLC acquired a new stake in shares of Travelers Companies in the fourth quarter worth $37,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Travelers Companies

In other Travelers Companies news, EVP Maria Olivo sold 36,199 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $274.20, for a total value of $9,925,765.80. Following the completion of the sale, the executive vice president owned 118,116 shares of the company's stock, valued at approximately $32,387,407.20. This trade represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Daniel S. Frey sold 20,286 shares of the stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $273.48, for a total value of $5,547,815.28. Following the completion of the sale, the chief financial officer directly owned 26,932 shares of the company's stock, valued at $7,365,363.36. The trade was a 42.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 163,869 shares of company stock worth $44,868,201. Corporate insiders own 1.46% of the company's stock.

Wall Street Analysts Forecast Growth

TRV has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on shares of Travelers Companies from $260.00 to $271.00 and gave the company an "underweight" rating in a research note on Tuesday, April 8th. Wells Fargo & Company lifted their price target on Travelers Companies from $247.00 to $260.00 and gave the company an "equal weight" rating in a report on Thursday, April 17th. Morgan Stanley set a $269.00 price objective on shares of Travelers Companies and gave the company an "equal weight" rating in a research report on Monday, May 19th. Jefferies Financial Group boosted their target price on shares of Travelers Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. Finally, Evercore ISI increased their target price on shares of Travelers Companies from $288.00 to $296.00 and gave the stock an "outperform" rating in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $271.11.

Travelers Companies Price Performance

TRV traded up $6.79 on Friday, reaching $264.13. The stock had a trading volume of 859,525 shares, compared to its average volume of 1,283,489. 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 company has a market capitalization of $59.66 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 3.87 and a beta of 0.51. The Travelers Companies, Inc. has a fifty-two week low of $200.40 and a fifty-two week high of $277.83. The firm has a 50-day moving average of $267.78 and a 200-day moving average of $255.01.

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

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th were given a dividend of $1.10 per share. This is an increase from Travelers Companies's previous quarterly dividend of $1.05. The ex-dividend date was Tuesday, June 10th. This represents a $4.40 annualized dividend and a dividend yield of 1.67%. Travelers Companies's dividend payout ratio (DPR) is 23.95%.

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.