Insider Selling: The Travelers Companies, Inc. (NYSE:TRV) EVP Sells 11,505 Shares of Stock

The Travelers Companies, Inc. (NYSE:TRV - Get Free Report) EVP Gregory C. Toczydlowski sold 11,505 shares of the firm's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $266.12, for a total transaction of $3,061,710.60. Following the sale, the executive vice president directly owned 18,416 shares of the company's stock, valued at approximately $4,900,865.92. The trade was a 38.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Travelers Companies Trading Down 0.4%

Shares of TRV stock traded down $0.94 during trading hours on Friday, reaching $261.05. 500,532 shares of the stock traded hands, compared to its average volume of 1,347,872. The Travelers Companies, Inc. has a 1-year low of $206.43 and a 1-year high of $277.83. The business has a fifty day moving average price of $265.71 and a 200 day moving average price of $256.87. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $58.77 billion, a PE ratio of 11.54, a PEG ratio of 3.14 and a beta of 0.51.

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

Travelers Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Wednesday, September 10th. Travelers Companies's dividend payout ratio is currently 19.46%.

Wall Street Analyst Weigh In

TRV has been the subject of several recent analyst reports. Morgan Stanley set a $269.00 price objective on shares of Travelers Companies and gave the stock an "equal weight" rating in a report on Monday, May 19th. Jefferies Financial Group raised their price target on shares of Travelers Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. Barclays downgraded shares of Travelers Companies from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $280.00 to $274.00 in a research report on Monday, July 7th. Wall Street Zen raised shares of Travelers Companies from a "hold" rating to a "buy" rating in a research note on Friday, July 18th. Finally, JPMorgan Chase & Co. boosted 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. Two equities 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. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $275.56.

Institutional Trading of Travelers Companies

Several large investors have recently modified their holdings of TRV. Cornerstone Planning Group LLC boosted its holdings in shares of Travelers Companies by 700.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider's stock worth $25,000 after buying an additional 84 shares during the period. Putney Financial Group LLC acquired a new position in Travelers Companies during the 4th quarter valued at $26,000. Ameriflex Group Inc. acquired a new position in Travelers Companies during the 4th quarter valued at $26,000. Greykasell Wealth Strategies Inc. acquired a new position in Travelers Companies during the 1st quarter valued at $26,000. Finally, Missouri Trust & Investment Co raised its stake in Travelers Companies by 122.2% during the 2nd quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider's stock valued at $27,000 after purchasing an additional 55 shares during the last quarter. 82.45% of the stock is owned by institutional investors.

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.