The Travelers Companies, Inc. (NYSE:TRV) Given Consensus Recommendation of "Hold" by Analysts

The Travelers Companies, Inc. (NYSE:TRV - Get Free Report) has been given an average recommendation of "Hold" by the twenty ratings firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $271.11.

A number of equities analysts have recently commented on the company. Wall Street Zen upgraded Travelers Companies from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. Jefferies Financial Group raised their price target on shares of Travelers Companies from $265.00 to $270.00 and gave the company a "hold" rating in a report on Friday, April 11th. UBS Group decreased their price objective on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a research note on Wednesday, April 9th. Evercore ISI increased their price objective on shares of Travelers Companies from $288.00 to $296.00 and gave the stock an "outperform" rating in a research report on Thursday, April 17th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Travelers Companies from $290.00 to $303.00 and gave the company an "outperform" rating in a report on Wednesday, May 28th.

Insider Transactions at Travelers Companies

In other Travelers Companies news, EVP Maria Olivo sold 36,199 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $274.20, for a total transaction of $9,925,765.80. Following the transaction, the executive vice president now owns 118,116 shares of the company's stock, valued at $32,387,407.20. This trade represents a 23.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Vice Chairman William H. Heyman sold 2,000 shares of Travelers Companies stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $274.50, for a total value of $549,000.00. Following the completion of the transaction, the insider now owns 255,086 shares of the company's stock, valued at approximately $70,021,107. The trade was a 0.78% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 163,869 shares of company stock valued at $44,868,201. 1.46% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Travelers Companies

Several institutional investors and hedge funds have recently made changes to their positions in TRV. Cornerstone Planning Group LLC raised its holdings in shares of Travelers Companies by 700.0% during 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. Putney Financial Group LLC bought a new stake in shares of Travelers Companies during the 4th quarter valued at about $26,000. Ameriflex Group Inc. acquired a new stake in Travelers Companies during the fourth quarter worth about $26,000. Greykasell Wealth Strategies Inc. acquired a new stake in Travelers Companies during the first quarter worth about $26,000. Finally, Kapitalo Investimentos Ltda bought a new position in Travelers Companies in the fourth quarter worth about $30,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Travelers Companies Stock Performance

Shares of TRV stock opened at $263.21 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.33 and a current ratio of 0.33. The firm has a market capitalization of $59.45 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 3.85 and a beta of 0.53. Travelers Companies has a one year low of $200.40 and a one year high of $277.83. The company has a 50 day moving average price of $267.30 and a 200 day moving average price of $254.64.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $1.38. Travelers Companies had a return on equity of 16.10% and a net margin of 9.09%. The business had revenue of $10.52 billion during the quarter, compared to the consensus estimate of $10.97 billion. During the same period in the prior year, the firm posted $4.69 EPS. Sell-side analysts anticipate that Travelers Companies will post 17.02 EPS for the current year.

Travelers Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be paid a dividend of $1.10 per share. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. This represents a $4.40 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Tuesday, June 10th. Travelers Companies's dividend payout ratio is 23.95%.

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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