1,066 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by Milestone Asset Management Group LLC

Milestone Asset Management Group LLC purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,066 shares of the insurance provider's stock, valued at approximately $257,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Yoffe Investment Management LLC acquired a new position in Travelers Companies during the fourth quarter valued at approximately $1,202,000. Elevate Capital Advisors LLC bought a new stake in shares of Travelers Companies in the fourth quarter valued at about $4,627,000. Erste Asset Management GmbH boosted its position in Travelers Companies by 1.0% during the 4th quarter. Erste Asset Management GmbH now owns 10,000 shares of the insurance provider's stock worth $2,414,000 after acquiring an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Travelers Companies by 43.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 159,172 shares of the insurance provider's stock valued at $38,343,000 after purchasing an additional 47,985 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in Travelers Companies by 16.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 21,265 shares of the insurance provider's stock valued at $5,122,000 after purchasing an additional 3,046 shares during the last quarter. Institutional investors own 82.45% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on TRV shares. Jefferies Financial Group upped their price target 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. Morgan Stanley set a $269.00 price objective on Travelers Companies and gave the company an "equal weight" rating in a report on Monday, May 19th. Keefe, Bruyette & Woods raised their target price on shares of Travelers Companies from $290.00 to $303.00 and gave the stock an "outperform" rating in a report on Wednesday. UBS Group cut their target price on Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a research report on Wednesday, April 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Travelers Companies from $260.00 to $271.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 8th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $271.11.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 2,000 shares of Travelers Companies stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $274.50, for a total transaction of $549,000.00. Following the completion of the transaction, the insider now owns 255,086 shares in the company, valued at approximately $70,021,107. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Alan D. Schnitzer sold 35,456 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $273.78, for a total value of $9,707,143.68. Following the sale, the chief executive officer now directly owns 262,329 shares of the company's stock, valued at $71,820,433.62. This represents a 11.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 163,869 shares of company stock worth $44,868,201. 1.46% of the stock is owned by corporate insiders.

Travelers Companies Stock Up 0.6%

NYSE TRV traded up $1.54 on Friday, hitting $275.95. 2,689,910 shares of the company were exchanged, compared to its average volume of 1,299,454. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The company has a market cap of $62.52 billion, a PE ratio of 12.85, a PEG ratio of 4.65 and a beta of 0.53. The stock has a fifty day moving average of $261.47 and a 200-day moving average of $253.63. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $277.61.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its earnings results on Wednesday, April 16th. The insurance provider reported $1.91 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $1.38. The business had revenue of $10.52 billion during the quarter, compared to analyst estimates of $10.97 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. During the same period in the previous year, the company posted $4.69 EPS. As a group, analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a $1.10 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $4.40 annualized dividend and a yield of 1.59%. This is an increase from Travelers Companies's previous quarterly dividend of $1.05. Travelers Companies's dividend payout ratio (DPR) is presently 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.