The Travelers Companies, Inc. (NYSE:TRV) Stock Holdings Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its stake in The Travelers Companies, Inc. (NYSE:TRVFree Report) by 10.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 189,799 shares of the insurance provider’s stock after selling 22,721 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.08% of Travelers Companies worth $30,996,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Fairfield Bush & CO. acquired a new stake in Travelers Companies in the first quarter worth approximately $160,000. Cibc World Market Inc. raised its stake in shares of Travelers Companies by 28.8% in the 1st quarter. Cibc World Market Inc. now owns 5,934 shares of the insurance provider’s stock worth $1,084,000 after buying an additional 1,327 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of Travelers Companies by 1.0% in the first quarter. Vontobel Holding Ltd. now owns 11,905 shares of the insurance provider’s stock valued at $2,210,000 after buying an additional 115 shares during the period. Blair William & Co. IL boosted its stake in Travelers Companies by 40.6% during the first quarter. Blair William & Co. IL now owns 51,551 shares of the insurance provider’s stock valued at $9,420,000 after buying an additional 14,873 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Travelers Companies by 5.0% during the first quarter. Sei Investments Co. now owns 27,212 shares of the insurance provider’s stock worth $4,952,000 after acquiring an additional 1,286 shares during the period. 81.12% of the stock is owned by institutional investors and hedge funds.

Travelers Companies Trading Up 0.3 %

NYSE:TRV opened at $214.50 on Friday. The stock has a market cap of $48.99 billion, a PE ratio of 16.77, a price-to-earnings-growth ratio of 1.05 and a beta of 0.58. The Travelers Companies, Inc. has a fifty-two week low of $157.33 and a fifty-two week high of $215.71. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The stock’s 50-day moving average is $196.27 and its two-hundred day moving average is $177.15.

Travelers Companies (NYSE:TRVGet Free Report) last posted its quarterly earnings results on Friday, January 19th. The insurance provider reported $7.01 EPS for the quarter, topping the consensus estimate of $5.10 by $1.91. The business had revenue of $10.93 billion during the quarter, compared to analysts’ expectations of $10.18 billion. Travelers Companies had a net margin of 7.23% and a return on equity of 13.68%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company posted $3.40 earnings per share. As a group, equities research analysts forecast that The Travelers Companies, Inc. will post 17.68 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 8th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Thursday, March 7th. Travelers Companies’s dividend payout ratio (DPR) is presently 31.27%.

Insider Buying and Selling

In other Travelers Companies news, Vice Chairman William H. Heyman sold 270 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $178.00, for a total value of $48,060.00. Following the transaction, the insider now owns 255,178 shares in the company, valued at $45,421,684. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Daniel S. Frey sold 38,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the transaction, the chief financial officer now owns 14,810 shares of the company’s stock, valued at $3,147,865.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 270 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $178.00, for a total transaction of $48,060.00. Following the completion of the sale, the insider now directly owns 255,178 shares of the company’s stock, valued at $45,421,684. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,045 shares of company stock worth $23,391,963. Corporate insiders own 1.29% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TRV. TD Cowen started coverage on shares of Travelers Companies in a report on Wednesday, January 10th. They issued an “outperform” rating and a $247.00 price target for the company. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research note on Monday, January 22nd. Royal Bank of Canada lifted their price target on shares of Travelers Companies from $185.00 to $210.00 and gave the stock a “sector perform” rating in a research report on Monday, January 22nd. The Goldman Sachs Group increased their price objective on Travelers Companies from $166.00 to $186.00 and gave the company a “sell” rating in a research report on Monday, January 22nd. Finally, Raymond James lifted their target price on Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $201.38.

View Our Latest Stock Report on Travelers Companies

Travelers Companies Company Profile

(Free Report)

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. It operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

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Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

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