The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Liberty One Investment Management LLC

Liberty One Investment Management LLC increased its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 4.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,258 shares of the insurance provider's stock after buying an additional 968 shares during the quarter. Liberty One Investment Management LLC's holdings in Travelers Companies were worth $5,622,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TRV. Brighton Jones LLC increased its holdings in Travelers Companies by 13.4% in the 4th quarter. Brighton Jones LLC now owns 3,277 shares of the insurance provider's stock worth $789,000 after buying an additional 387 shares during the period. Revolve Wealth Partners LLC acquired a new position in Travelers Companies in the 4th quarter worth approximately $276,000. SBI Securities Co. Ltd. acquired a new position in Travelers Companies in the 4th quarter worth approximately $83,000. Assetmark Inc. increased its holdings in Travelers Companies by 9.2% in the 4th quarter. Assetmark Inc. now owns 2,972 shares of the insurance provider's stock worth $716,000 after buying an additional 251 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in Travelers Companies in the 4th quarter worth approximately $399,000. Institutional investors and hedge funds own 82.45% of the company's stock.

Insider Buying and Selling

In other Travelers Companies news, EVP Jeffrey P. Klenk sold 15,180 shares of the firm's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $272.87, for a total value of $4,142,166.60. Following the transaction, the executive vice president owned 6,075 shares in the company, valued at approximately $1,657,685.25. This trade represents a 71.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Daniel S. Frey sold 20,286 shares of the firm's stock in a transaction on Thursday, May 29th. The stock was 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. This trade represents a 42.96% 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 ninety days. Company insiders own 1.46% of the company's stock.

Wall Street Analysts Forecast Growth

TRV has been the topic of several research reports. Wells Fargo & Company increased their price target on shares of Travelers Companies from $260.00 to $264.00 and gave the stock an "equal weight" rating in a report on Thursday. HSBC cut shares of Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price objective on the stock. in a research note on Monday, March 24th. UBS Group dropped their price objective on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 9th. Barclays cut shares of Travelers Companies from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $280.00 to $274.00 in a research note on Monday. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Travelers Companies from $290.00 to $303.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 28th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, Travelers Companies has an average rating of "Hold" and an average price target of $271.00.

Travelers Companies Price Performance

TRV stock traded down $1.73 during midday trading on Friday, reaching $254.26. The stock had a trading volume of 782,224 shares, compared to its average volume of 1,287,687. The company's fifty day simple moving average is $267.10 and its 200 day simple moving average is $255.71. 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 cap of $57.43 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 3.75 and a beta of 0.51. 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 announced its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, beating 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 return on equity of 16.10% and a net margin of 9.09%. During the same quarter last year, the firm posted $4.69 EPS. As a group, sell-side analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.73%. This is a positive change from Travelers Companies's previous quarterly dividend of $1.05. Travelers Companies's dividend payout ratio (DPR) is presently 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.