The Travelers Companies, Inc. $TRV Shares Acquired by New Hampshire Trust

New Hampshire Trust boosted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,356 shares of the insurance provider’s stock after buying an additional 80 shares during the quarter. New Hampshire Trust’s holdings in Travelers Companies were worth $363,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Travelers Companies by 0.5% during the first quarter. Vanguard Group Inc. now owns 21,733,556 shares of the insurance provider’s stock valued at $5,747,656,000 after purchasing an additional 115,808 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in 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 valued at $967,646,000 after buying an additional 3,611,758 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Travelers Companies by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,403,539 shares of the insurance provider’s stock worth $899,988,000 after buying an additional 25,573 shares during the period. Goldman Sachs Group Inc. increased its position 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 worth $511,631,000 after acquiring an additional 390,104 shares in the last quarter. Finally, Bahl & Gaynor Inc. raised 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 valued at $444,101,000 after acquiring an additional 490,039 shares during the period. 82.45% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TRV has been the subject of a number of recent analyst reports. Citigroup initiated coverage on shares of Travelers Companies in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $291.00 price objective for the company. Zacks Research raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Travelers Companies in a research note on Friday, October 17th. JPMorgan Chase & Co. boosted their price objective on shares of Travelers Companies from $289.00 to $297.00 and gave the company an “underweight” rating in a research report on Thursday, October 9th. Finally, Evercore ISI reissued an “outperform” rating on shares of Travelers Companies in a research note on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $291.31.

Insiders Place Their Bets

In other Travelers Companies news, EVP Mojgan M. Lefebvre sold 16,820 shares of the company’s stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.46% of the company’s stock.

Travelers Companies Stock Performance

TRV stock opened at $269.98 on Friday. The firm has a 50 day moving average of $274.13 and a two-hundred day moving average of $267.21. The Travelers Companies, Inc. has a 12 month low of $230.23 and a 12 month high of $287.95. The company has a market capitalization of $60.22 billion, a price-to-earnings ratio of 10.62, a P/E/G ratio of 2.44 and a beta of 0.51. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29.

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

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 10th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, December 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 17.30%.

Travelers Companies 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.