Valmark Advisers Inc. Has $304,000 Stake in The Travelers Companies, Inc. $TRV

Valmark Advisers Inc. decreased its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 4.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,137 shares of the insurance provider’s stock after selling 58 shares during the period. Valmark Advisers Inc.’s holdings in Travelers Companies were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of TRV. Valeo Financial Advisors LLC increased its holdings in shares of Travelers Companies by 71,265.9% during the second quarter. Valeo Financial Advisors LLC now owns 3,616,826 shares of the insurance provider’s stock worth $967,646,000 after buying an additional 3,611,758 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Travelers Companies during the first quarter worth approximately $294,755,000. Bahl & Gaynor Inc. increased its holdings in shares of Travelers Companies by 41.2% during the first quarter. Bahl & Gaynor Inc. now owns 1,679,275 shares of the insurance provider’s stock worth $444,101,000 after buying an additional 490,039 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Travelers Companies by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider’s stock valued at $511,631,000 after purchasing an additional 390,104 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Travelers Companies by 86.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 738,901 shares of the insurance provider’s stock valued at $197,686,000 after purchasing an additional 342,666 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TRV. Cantor Fitzgerald raised shares of Travelers Companies to a “strong-buy” rating in a report on Wednesday, August 13th. UBS Group raised their price target on shares of Travelers Companies from $284.00 to $287.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings reissued a “buy (b+)” rating on shares of Travelers Companies in a report on Saturday, September 27th. Wolfe Research began coverage on shares of Travelers Companies in a report on Monday, September 15th. They issued a “peer perform” rating for the company. Finally, Morgan Stanley raised their price target on shares of Travelers Companies from $269.00 to $285.00 and gave the company an “equal weight” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $290.11.

Insiders Place Their Bets

In other news, EVP Gregory C. Toczydlowski sold 11,505 shares of Travelers Companies 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 transaction, the executive vice president directly owned 18,416 shares of the company’s stock, valued at $4,900,865.92. This trade represents a 38.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mojgan M. Lefebvre sold 16,820 shares of Travelers Companies stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $277.54, for a total transaction of $4,668,222.80. The disclosure for this sale can be found here. Company insiders own 1.46% of the company’s stock.

Travelers Companies Price Performance

TRV opened at $269.92 on Friday. The company has a fifty day moving average price of $273.66 and a two-hundred day moving average price of $266.13. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.33 and a current ratio of 0.33. The Travelers Companies, Inc. has a 52 week low of $230.23 and a 52 week high of $287.95. The firm has a market capitalization of $60.77 billion, a PE ratio of 11.94, a P/E/G ratio of 3.13 and a beta of 0.51.

Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, July 17th. The insurance provider reported $6.51 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $11.02 billion. During the same quarter in the previous year, the business earned $2.51 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Wednesday, September 10th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. Travelers Companies’s dividend payout ratio (DPR) is currently 19.46%.

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.