The Travelers Companies, Inc. (NYSE:TRV) Receives $222.65 Average Target Price from Analysts

The Travelers Companies, Inc. (NYSE:TRVGet Free Report) has been given an average rating of “Hold” by the nineteen research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $222.65.

A number of research analysts recently weighed in on the stock. Piper Sandler reiterated a “neutral” rating and issued a $213.00 price objective on shares of Travelers Companies in a research note on Monday, April 1st. TD Cowen decreased their price target on Travelers Companies from $261.00 to $252.00 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a report on Sunday, May 5th. Keefe, Bruyette & Woods reduced their price objective on shares of Travelers Companies from $241.00 to $231.00 and set a “market perform” rating for the company in a research note on Thursday, April 18th. Finally, Roth Mkm reiterated a “buy” rating and issued a $240.00 target price on shares of Travelers Companies in a research note on Thursday, April 18th.

Check Out Our Latest Report on TRV

Travelers Companies Price Performance

Shares of NYSE TRV opened at $212.49 on Friday. The company has a market capitalization of $48.66 billion, a PE ratio of 15.79, a PEG ratio of 1.09 and a beta of 0.60. 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 stock’s 50 day moving average price is $218.72 and its 200-day moving average price is $206.66. Travelers Companies has a twelve month low of $157.33 and a twelve month high of $232.75.

Travelers Companies (NYSE:TRVGet Free Report) last posted its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.75 by ($0.06). The business had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.62 billion. Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the prior year, the firm posted $4.11 EPS. On average, equities analysts anticipate that Travelers Companies will post 17.86 EPS for the current year.

Travelers Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be paid a $1.05 dividend. The ex-dividend date is Monday, June 10th. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a yield of 1.98%. Travelers Companies’s payout ratio is currently 29.72%.

Insider Activity

In other Travelers Companies news, CFO Daniel S. Frey sold 5,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 18,515 shares in the company, valued at $3,941,843.50. 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 5,000 shares of the firm’s stock in a transaction dated 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 directly owns 18,515 shares of the company’s stock, valued at $3,941,843.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $213.96, for a total value of $2,139,600.00. Following the completion of the sale, the executive vice president now owns 22,798 shares of the company’s stock, valued at approximately $4,877,860.08. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,635 shares of company stock valued at $3,980,827. 1.33% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Wealth Quarterback LLC raised its stake in Travelers Companies by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 4,333 shares of the insurance provider’s stock worth $825,000 after buying an additional 49 shares in the last quarter. Kapitalo Investimentos Ltda lifted its stake in shares of Travelers Companies by 24.1% in the 4th quarter. Kapitalo Investimentos Ltda now owns 252 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 49 shares during the period. Massmutual Trust Co. FSB ADV lifted its stake in shares of Travelers Companies by 9.8% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 561 shares of the insurance provider’s stock valued at $129,000 after purchasing an additional 50 shares during the period. Norwood Financial Corp grew its stake in Travelers Companies by 16.1% in the first quarter. Norwood Financial Corp now owns 360 shares of the insurance provider’s stock worth $83,000 after purchasing an additional 50 shares during the period. Finally, Grimes & Company Inc. raised its holdings in Travelers Companies by 2.2% in the fourth quarter. Grimes & Company Inc. now owns 2,420 shares of the insurance provider’s stock worth $461,000 after purchasing an additional 53 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors.

Travelers Companies Company Profile

(Get 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. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

See Also

Analyst Recommendations for Travelers Companies (NYSE:TRV)

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