Northwest Quadrant Wealth Management LLC Has $302,000 Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Northwest Quadrant Wealth Management LLC decreased its position in shares of The Travelers Companies, Inc. (NYSE:TRVFree Report) by 8.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,313 shares of the insurance provider’s stock after selling 121 shares during the period. Northwest Quadrant Wealth Management LLC’s holdings in Travelers Companies were worth $302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in Travelers Companies by 4.2% in the third quarter. LPL Financial LLC now owns 150,473 shares of the insurance provider’s stock worth $24,574,000 after buying an additional 6,002 shares during the last quarter. Mariner LLC raised its holdings in shares of Travelers Companies by 2.8% during the 3rd quarter. Mariner LLC now owns 57,663 shares of the insurance provider’s stock valued at $9,417,000 after purchasing an additional 1,577 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Travelers Companies by 8.2% during the 3rd quarter. Stifel Financial Corp now owns 185,152 shares of the insurance provider’s stock valued at $30,237,000 after purchasing an additional 13,972 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Travelers Companies by 61.7% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 18,770 shares of the insurance provider’s stock valued at $3,065,000 after purchasing an additional 7,165 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Travelers Companies by 5.5% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,301 shares of the insurance provider’s stock worth $376,000 after purchasing an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Insider Transactions at Travelers Companies

In other news, EVP Jeffrey P. Klenk sold 3,635 shares of Travelers Companies stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $213.68, for a total value of $776,726.80. Following the completion of the transaction, the executive vice president now owns 6,075 shares in the company, valued at $1,298,106. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Travelers Companies news, CFO Daniel S. Frey sold 5,000 shares of the firm’s stock in a transaction dated Thursday, April 25th. The shares were 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 approximately $3,941,843.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jeffrey P. Klenk sold 3,635 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $213.68, for a total transaction of $776,726.80. Following the sale, the executive vice president now directly owns 6,075 shares in the company, valued at $1,298,106. The disclosure for this sale can be found here. In the last quarter, insiders have sold 18,635 shares of company stock valued at $3,980,827. 1.33% of the stock is owned by insiders.

Travelers Companies Stock Performance

TRV stock traded down $2.17 during midday trading on Tuesday, hitting $208.92. The stock had a trading volume of 374,228 shares, compared to its average volume of 1,386,043. The Travelers Companies, Inc. has a 52 week low of $157.33 and a 52 week high of $232.75. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.32. The stock has a 50-day simple moving average of $213.06 and a 200 day simple moving average of $211.06. The firm has a market capitalization of $47.84 billion, a price-to-earnings ratio of 15.68, a P/E/G ratio of 1.09 and a beta of 0.62.

Travelers Companies (NYSE:TRVGet Free Report) last released its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 EPS for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). The business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.62 billion. Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. Travelers Companies’s revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the business posted $4.11 earnings per share. As a group, equities research analysts anticipate that The Travelers Companies, Inc. will post 17.79 earnings per share for the current year.

Travelers Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 2.01%. This is a boost from Travelers Companies’s previous quarterly dividend of $1.00. The ex-dividend date is Monday, June 10th. Travelers Companies’s dividend payout ratio is 31.20%.

Wall Street Analyst Weigh In

TRV has been the subject of a number of analyst reports. Piper Sandler reaffirmed a “neutral” rating and issued a $213.00 price target on shares of Travelers Companies in a research report on Monday, April 1st. UBS Group reduced their target price on Travelers Companies from $237.00 to $230.00 and set a “neutral” rating for the company in a report on Monday, April 22nd. HSBC increased their price target on Travelers Companies from $218.00 to $240.00 and gave the company a “hold” rating in a report on Thursday, April 4th. Roth Mkm restated a “buy” rating and issued a $240.00 price objective on shares of Travelers Companies in a research note on Thursday, April 18th. Finally, JMP Securities reiterated a “market perform” rating on shares of Travelers Companies in a research note on Friday, April 19th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $222.65.

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About Travelers Companies

(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.

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

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