Universal Beteiligungs und Servicegesellschaft mbH Purchases 14,038 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,055 shares of the insurance provider's stock after acquiring an additional 14,038 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of Travelers Companies worth $76,708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRV. Cornerstone Planning Group LLC increased its position in Travelers Companies by 700.0% in the first quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider's stock worth $25,000 after purchasing an additional 84 shares during the period. Ameriflex Group Inc. bought a new position in Travelers Companies during the fourth quarter worth about $26,000. Putney Financial Group LLC bought a new position in Travelers Companies during the fourth quarter worth about $26,000. Kapitalo Investimentos Ltda bought a new position in Travelers Companies during the fourth quarter worth about $30,000. Finally, Hughes Financial Services LLC bought a new position in Travelers Companies during the first quarter worth about $33,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Travelers Companies news, CFO Daniel S. Frey sold 20,286 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer owned 26,932 shares in the company, valued at $7,365,363.36. The trade was a 42.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Maria Olivo sold 36,199 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $274.20, for a total value of $9,925,765.80. Following the sale, the executive vice president owned 118,116 shares of the company's stock, valued at approximately $32,387,407.20. This trade represents a 23.46% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 163,869 shares of company stock worth $44,868,201. 1.46% of the stock is currently owned by insiders.

Travelers Companies Stock Up 1.1%

TRV stock traded up $2.96 during trading on Tuesday, hitting $266.20. 304,971 shares of the company's stock were exchanged, compared to its average volume of 1,284,817. The business has a 50-day moving average price of $265.92 and a two-hundred day moving average price of $256.46. The stock has a market capitalization of $60.12 billion, a price-to-earnings ratio of 11.80, a PEG ratio of 3.82 and a beta of 0.51. The Travelers Companies, Inc. has a 52-week low of $203.21 and a 52-week high of $277.83. 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 posted its earnings results on Thursday, July 17th. The insurance provider reported $6.51 earnings per share for the quarter, beating the consensus estimate of $3.52 by $2.99. Travelers Companies had a return on equity of 18.68% and a net margin of 10.97%. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.02 billion. During the same quarter in the prior year, the company earned $2.51 earnings per share. Travelers Companies's revenue was up 7.4% compared to the same quarter last year. As a group, equities research analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.65%. The ex-dividend date is Wednesday, September 10th. Travelers Companies's dividend payout ratio (DPR) is 19.46%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TRV. Evercore ISI increased their target price on Travelers Companies from $288.00 to $296.00 and gave the stock an "outperform" rating in a report on Thursday, April 17th. Wells Fargo & Company increased their target price on Travelers Companies from $264.00 to $275.00 and gave the company an "equal weight" rating in a research report on Friday. UBS Group increased their target price on Travelers Companies from $275.00 to $284.00 and gave the company a "neutral" rating in a research report on Monday. Keefe, Bruyette & Woods increased their target price on Travelers Companies from $304.00 to $316.00 and gave the company an "outperform" rating in a research report on Friday. Finally, Morgan Stanley set a $269.00 target price on Travelers Companies and gave the company an "equal weight" rating in a research report on Monday, May 19th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $275.56.

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.

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