Oak Thistle LLC bought a new stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,379 shares of the insurance provider's stock, valued at approximately $629,000.
Several other hedge funds and other institutional investors have also bought and sold shares of TRV. Forum Financial Management LP raised its position in shares of Travelers Companies by 0.9% during the 1st quarter. Forum Financial Management LP now owns 4,428 shares of the insurance provider's stock valued at $1,171,000 after buying an additional 39 shares in the last quarter. Smith Salley Wealth Management raised its holdings in Travelers Companies by 0.6% in the first quarter. Smith Salley Wealth Management now owns 7,321 shares of the insurance provider's stock worth $1,936,000 after buying an additional 44 shares during the last quarter. Windsor Capital Management LLC lifted its stake in shares of Travelers Companies by 3.7% in the first quarter. Windsor Capital Management LLC now owns 1,351 shares of the insurance provider's stock worth $357,000 after buying an additional 48 shares in the last quarter. JT Stratford LLC raised its holdings in shares of Travelers Companies by 0.8% during the fourth quarter. JT Stratford LLC now owns 6,044 shares of the insurance provider's stock valued at $1,456,000 after purchasing an additional 49 shares during the last quarter. Finally, Trifecta Capital Advisors LLC grew its position in Travelers Companies by 13.4% during the first quarter. Trifecta Capital Advisors LLC now owns 422 shares of the insurance provider's stock valued at $112,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 82.45% of the company's stock.
Insider Activity at Travelers Companies
In other Travelers Companies news, EVP Gregory C. Toczydlowski sold 11,505 shares of the business's stock in a transaction on 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 sale, the executive vice president directly owned 18,416 shares in the company, valued at approximately $4,900,865.92. The trade was a 38.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Avrohom J. Kess sold 23,434 shares of the business's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $273.93, for a total transaction of $6,419,275.62. Following the sale, the insider owned 48,387 shares in the company, valued at $13,254,650.91. The trade was a 32.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 175,374 shares of company stock worth $47,929,912. 1.46% of the stock is currently owned by insiders.
Travelers Companies Stock Performance
TRV stock traded down $0.88 on Friday, hitting $261.11. The company's stock had a trading volume of 1,194,156 shares, compared to its average volume of 1,284,233. The firm has a 50 day moving average of $265.46 and a two-hundred day moving average of $257.01. The Travelers Companies, Inc. has a 1 year low of $206.43 and a 1 year high of $277.83. The stock has a market cap of $58.78 billion, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 3.11 and a beta of 0.51. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.27.
Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The insurance provider reported $6.51 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $11.02 billion. During the same quarter in the prior year, the firm earned $2.51 EPS. Travelers Companies's revenue for the quarter was up 7.4% on a year-over-year basis. Equities analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.
Travelers Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th will be given a $1.10 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.69%. Travelers Companies's dividend payout ratio (DPR) is 19.46%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Travelers Companies from a "hold" rating to a "buy" rating in a research report on Friday, July 18th. Morgan Stanley set a $269.00 target price on shares of Travelers Companies and gave the company an "equal weight" rating in a research report on Monday, May 19th. Barclays downgraded shares of Travelers Companies from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $280.00 to $274.00 in a research report on Monday, July 7th. Evercore ISI boosted their target price on shares of Travelers Companies from $288.00 to $296.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Finally, Jefferies Financial Group boosted their target price on shares of Travelers Companies from $265.00 to $270.00 and gave the company a "hold" rating in a research note on Friday, April 11th. Two investment 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. Based on data from MarketBeat.com, Travelers Companies presently has an average rating of "Hold" and an average price target of $275.56.
Read Our Latest Report on Travelers Companies
About Travelers Companies
(
Free Report)
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.
Further Reading
Before you consider Travelers Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Travelers Companies wasn't on the list.
While Travelers Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
