Central Valley Advisors LLC Has $220,000 Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Central Valley Advisors LLC reduced its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 54.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 833 shares of the insurance provider's stock after selling 999 shares during the period. Central Valley Advisors LLC's holdings in Travelers Companies were worth $220,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Yoffe Investment Management LLC purchased a new stake in Travelers Companies in the 4th quarter worth approximately $1,202,000. Elevate Capital Advisors LLC purchased a new stake in shares of Travelers Companies during the fourth quarter worth $4,627,000. Erste Asset Management GmbH boosted its position in Travelers Companies by 1.0% during the fourth quarter. Erste Asset Management GmbH now owns 10,000 shares of the insurance provider's stock valued at $2,414,000 after purchasing an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake 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 lifted its holdings in shares of Travelers Companies by 16.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 21,265 shares of the insurance provider's stock valued at $5,122,000 after buying an additional 3,046 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

Travelers Companies Price Performance

Shares of TRV traded up $4.70 on Thursday, hitting $265.97. The company's stock had a trading volume of 1,141,385 shares, compared to its average volume of 1,293,012. The company has a market capitalization of $60.07 billion, a PE ratio of 12.39, a PEG ratio of 4.65 and a beta of 0.53. The Travelers Companies, Inc. has a fifty-two week low of $200.21 and a fifty-two week high of $277.83. The company has a 50 day moving average price of $262.99 and a 200 day moving average price of $254.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33.

Travelers Companies (NYSE:TRV - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $1.38. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $10.52 billion for the quarter, compared to analyst estimates of $10.97 billion. During the same quarter in the previous year, the firm earned $4.69 earnings per share. On average, research analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. Travelers Companies's dividend payout ratio (DPR) is presently 23.95%.

Insiders Place Their Bets

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 shares were sold at an average price of $274.20, for a total value of $9,925,765.80. Following the transaction, the executive vice president now directly owns 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jeffrey P. Klenk sold 15,180 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $272.87, for a total transaction of $4,142,166.60. Following the sale, the executive vice president now owns 6,075 shares of the company's stock, valued at $1,657,685.25. The trade was a 71.42% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 163,869 shares of company stock valued at $44,868,201. Insiders own 1.46% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. 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. Hsbc Global Res lowered Travelers Companies from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. HSBC downgraded 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 reduced their price target on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a report on Wednesday, April 9th. Finally, Wall Street Zen upgraded shares of Travelers Companies from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $271.11.

Travelers Companies 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.