The Travelers Companies, Inc. $TRV Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC raised its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,653 shares of the insurance provider’s stock after buying an additional 815 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Travelers Companies were worth $2,581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its position in Travelers Companies by 700.0% during the first quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider’s stock valued at $25,000 after buying an additional 84 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new position in shares of Travelers Companies during the first quarter worth $26,000. Missouri Trust & Investment Co lifted its position in shares of Travelers Companies by 122.2% during the second quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 55 shares in the last quarter. Nova Wealth Management Inc. acquired a new position in shares of Travelers Companies during the second quarter worth $32,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of Travelers Companies during the first quarter worth $32,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on TRV. Wall Street Zen cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Barclays set a $313.00 target price on shares of Travelers Companies in a research report on Wednesday, October 8th. Wells Fargo & Company reissued a “positive” rating on shares of Travelers Companies in a research report on Friday, October 17th. Zacks Research upgraded shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Travelers Companies in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $291.31.

Insider Activity

In other news, EVP Mojgan M. Lefebvre sold 16,820 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $277.54, for a total transaction of $4,668,222.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.46% of the company’s stock.

Travelers Companies Stock Up 0.3%

TRV stock opened at $269.98 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.35 and a quick ratio of 0.35. The Travelers Companies, Inc. has a 1-year low of $230.23 and a 1-year high of $287.95. The firm has a fifty day moving average price of $274.13 and a two-hundred day moving average price of $267.21. The firm has a market cap of $60.22 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 2.44 and a beta of 0.51.

Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, October 16th. The insurance provider reported $8.14 earnings per share for the quarter, beating the consensus estimate of $6.01 by $2.13. Travelers Companies had a net margin of 12.14% and a return on equity of 20.28%. The firm had revenue of $11.47 billion during the quarter, compared to analyst estimates of $11.15 billion. During the same quarter in the previous year, the firm earned $5.24 earnings per share. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. Research analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th will be paid a dividend of $1.10 per share. The ex-dividend date is Wednesday, December 10th. This represents a $4.40 annualized dividend and a yield of 1.6%. Travelers Companies’s payout ratio is presently 17.30%.

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.