The Travelers Companies, Inc. $TRV Shares Bought by CHICAGO TRUST Co NA

Key Points

• CHICAGO TRUST Co NA significantly increased its stake in The Travelers Companies, Inc. by 191.9% in Q2, owning a total of 2,957 shares valued at approximately $791,000.
• The Travelers Companies, Inc. reported $6.51 EPS for the last quarter, surpassing analysts' expectations of $3.52, with revenues of $11.54 billion—an increase of 7.4% year-over-year.
• The company announced a quarterly dividend of $1.10 per share, with an ex-dividend date of September 10th, representing a 1.6% dividend yield.

CHICAGO TRUST Co NA raised its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 191.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,957 shares of the insurance provider's stock after acquiring an additional 1,944 shares during the quarter. CHICAGO TRUST Co NA's holdings in Travelers Companies were worth $791,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Farmers Trust Co. lifted its stake in Travelers Companies by 33.7% during the second quarter. Farmers Trust Co. now owns 1,984 shares of the insurance provider's stock valued at $531,000 after buying an additional 500 shares in the last quarter. Mechanics Bank Trust Department lifted its stake in Travelers Companies by 11.8% during the second quarter. Mechanics Bank Trust Department now owns 1,900 shares of the insurance provider's stock valued at $508,000 after buying an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its stake in Travelers Companies by 10.6% during the second quarter. GAMMA Investing LLC now owns 9,213 shares of the insurance provider's stock valued at $2,465,000 after buying an additional 881 shares in the last quarter. Strategic Planning Group LLC lifted its stake in Travelers Companies by 4.6% during the second quarter. Strategic Planning Group LLC now owns 19,700 shares of the insurance provider's stock valued at $5,271,000 after buying an additional 866 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in Travelers Companies by 0.6% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 62,214 shares of the insurance provider's stock valued at $16,645,000 after buying an additional 354 shares in the last quarter. 82.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Travelers Companies

In other news, EVP Mojgan M. Lefebvre sold 16,820 shares of the firm's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $277.54, for a total value of $4,668,222.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Gregory C. Toczydlowski sold 11,505 shares of the firm's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $266.12, for a total transaction of $3,061,710.60. Following the completion of the sale, the executive vice president 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 disclosure for this sale can be found here. Company insiders own 1.46% of the company's stock.

Travelers Companies Trading Down 0.0%

NYSE:TRV opened at $276.11 on Wednesday. The stock's 50 day moving average price is $269.03 and its 200 day moving average price is $264.38. The Travelers Companies, Inc. has a 52 week low of $224.62 and a 52 week high of $280.70. The company has a market capitalization of $62.16 billion, a P/E ratio of 12.21, a P/E/G ratio of 3.17 and a beta of 0.53. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.33 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The insurance provider reported $6.51 EPS for the quarter, topping analysts' consensus estimates of $3.52 by $2.99. Travelers Companies had a return on equity of 18.68% and a net margin of 10.97%.The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.02 billion. During the same quarter in the prior year, the company posted $2.51 earnings per share. The firm's revenue was up 7.4% on a year-over-year basis. On average, research analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Wednesday, September 10th will be paid a $1.10 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. Travelers Companies's dividend payout ratio (DPR) is presently 19.46%.

Analyst Upgrades and Downgrades

TRV has been the subject of a number of analyst reports. Wolfe Research initiated coverage on shares of Travelers Companies in a research note on Monday, September 15th. They set a "peer perform" rating for the company. UBS Group upped their price objective on shares of Travelers Companies from $275.00 to $284.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Barclays downgraded Travelers Companies from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $280.00 to $274.00 in a report on Monday, July 7th. Wall Street Zen downgraded Travelers Companies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Cantor Fitzgerald upgraded Travelers Companies to a "strong-buy" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $284.56.

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.

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