ING Groep NV Purchases 117,036 Shares of The Travelers Companies, Inc. (NYSE:TRV)

ING Groep NV raised its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 316,313.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 117,073 shares of the insurance provider's stock after acquiring an additional 117,036 shares during the period. ING Groep NV owned about 0.05% of Travelers Companies worth $22,301,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. First Command Advisory Services Inc. bought a new stake in shares of Travelers Companies during the 3rd quarter worth approximately $26,000. Northwest Financial Advisors bought a new stake in shares of Travelers Companies during the 4th quarter worth approximately $32,000. AM Squared Ltd raised its stake in shares of Travelers Companies by 100.0% during the 3rd quarter. AM Squared Ltd now owns 200 shares of the insurance provider's stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Private Wealth Management Group LLC bought a new stake in shares of Travelers Companies during the 4th quarter worth approximately $39,000. Finally, Valued Wealth Advisors LLC bought a new stake in shares of Travelers Companies during the 4th quarter worth approximately $40,000. Institutional investors own 82.45% of the company's stock.

Travelers Companies Price Performance

Shares of TRV traded up $0.49 during trading hours on Friday, hitting $219.71. 1,348,907 shares of the company were exchanged, compared to its average volume of 1,141,944. The company has a market cap of $50.31 billion, a price-to-earnings ratio of 16.32, a P/E/G ratio of 1.13 and a beta of 0.60. The Travelers Companies, Inc. has a fifty-two week low of $157.33 and a fifty-two week high of $232.75. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.32. The firm's fifty day moving average is $220.35 and its 200 day moving average is $204.14.

Travelers Companies (NYSE:TRV - Get Free Report) last released its earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.62 billion. Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period last year, the company posted $4.11 earnings per share. On average, equities analysts anticipate that The Travelers Companies, Inc. will post 17.85 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 10th will be issued a dividend of $1.05 per share. This is a positive change from Travelers Companies's previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Monday, June 10th. Travelers Companies's dividend payout ratio is 29.72%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TRV. Roth Mkm reiterated a "buy" rating and set a $240.00 price objective on shares of Travelers Companies in a research note on Thursday, April 18th. StockNews.com raised Travelers Companies from a "hold" rating to a "buy" rating in a report on Sunday, May 5th. Morgan Stanley boosted their target price on Travelers Companies from $214.00 to $216.00 and gave the stock an "equal weight" rating in a report on Friday, May 10th. TD Cowen decreased their target price on Travelers Companies from $261.00 to $252.00 and set a "buy" rating on the stock in a report on Tuesday, April 23rd. Finally, The Goldman Sachs Group boosted their target price on Travelers Companies from $186.00 to $212.00 and gave the stock a "sell" rating in a report on Friday, April 12th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $222.65.

Insider Transactions at Travelers Companies

In related news, EVP Jeffrey P. Klenk sold 3,635 shares of the company's stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total transaction of $776,726.80. Following the completion of the sale, the executive vice president now directly owns 6,075 shares in the company, valued at approximately $1,298,106. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Jeffrey P. Klenk sold 3,635 shares of the company's stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total transaction of $776,726.80. Following the completion of the sale, the executive vice president now directly owns 6,075 shares in the company, valued at approximately $1,298,106. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Daniel S. Frey sold 5,000 shares of the company's stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total value of $1,064,500.00. Following the sale, the chief financial officer now owns 18,515 shares of the company's stock, valued at $3,941,843.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,635 shares of company stock valued at $3,980,827. 1.33% of the stock is owned by corporate insiders.

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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