Moreno Evelyn V Has $290,000 Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

Moreno Evelyn V lessened its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 95.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,525 shares of the insurance provider's stock after selling 33,498 shares during the period. Moreno Evelyn V's holdings in Travelers Companies were worth $290,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TRV. Pzena Investment Management LLC grew its position in Travelers Companies by 2.5% during the fourth quarter. Pzena Investment Management LLC now owns 2,406 shares of the insurance provider's stock valued at $458,000 after purchasing an additional 59 shares in the last quarter. Central Valley Advisors LLC purchased a new position in shares of Travelers Companies during the 4th quarter valued at $350,000. InterOcean Capital Group LLC increased its stake in shares of Travelers Companies by 7.3% in the fourth quarter. InterOcean Capital Group LLC now owns 2,295 shares of the insurance provider's stock worth $437,000 after acquiring an additional 157 shares during the last quarter. Berkeley Capital Partners LLC purchased a new stake in shares of Travelers Companies during the fourth quarter worth $791,000. Finally, Renaissance Group LLC acquired a new stake in Travelers Companies during the fourth quarter valued at $287,000. Hedge funds and other institutional investors own 82.45% of the company's stock.

Analysts Set New Price Targets

TRV has been the topic of several research reports. The Goldman Sachs Group upped their target price on Travelers Companies from $186.00 to $212.00 and gave the stock a "sell" rating in a research report on Friday, April 12th. TD Cowen dropped their price objective on Travelers Companies from $261.00 to $252.00 and set a "buy" rating on the stock in a report on Tuesday, April 23rd. Royal Bank of Canada reduced their target price on shares of Travelers Companies from $230.00 to $225.00 and set a "sector perform" rating for the company in a research note on Thursday, April 18th. Evercore ISI dropped their price target on shares of Travelers Companies from $253.00 to $250.00 and set an "outperform" rating on the stock in a research note on Thursday, April 18th. Finally, JMP Securities restated a "market perform" rating on shares of Travelers Companies in a report on Friday, April 19th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Travelers Companies currently has an average rating of "Hold" and an average target price of $222.65.

Travelers Companies Stock Performance

NYSE TRV traded down $4.30 during trading on Thursday, hitting $212.24. The company's stock had a trading volume of 950,050 shares, compared to its average volume of 1,402,833. The Travelers Companies, Inc. has a 52 week low of $157.33 and a 52 week high of $232.75. The firm has a market cap of $48.60 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 1.12 and a beta of 0.60. The firm has a 50 day moving average price of $220.06 and a 200 day moving average price of $205.13. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.32.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings data 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 during 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 company's revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.11 EPS. Equities research analysts forecast 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 disclosed 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 an increase from Travelers Companies's previous quarterly dividend of $1.00. The ex-dividend date is Monday, June 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.98%. Travelers Companies's payout ratio is presently 29.72%.

Insider Activity

In related news, CFO Daniel S. Frey sold 5,000 shares of Travelers Companies stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $212.90, for a total transaction of $1,064,500.00. Following the sale, the chief financial officer now directly owns 18,515 shares of the company's stock, valued at $3,941,843.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CFO Daniel S. Frey sold 5,000 shares of the firm'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 completion of the transaction, the chief financial officer now directly owns 18,515 shares of the company's stock, valued at $3,941,843.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Jeffrey P. Klenk sold 3,635 shares of Travelers Companies 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 sale, the executive vice president now owns 6,075 shares in the company, valued at approximately $1,298,106. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,635 shares of company stock valued at $3,980,827. Insiders own 1.33% of the company's stock.

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.