The Travelers Companies, Inc. $TRV Shares Bought by Unison Advisors LLC

Unison Advisors LLC lifted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 0.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 15,441 shares of the insurance provider’s stock after acquiring an additional 68 shares during the quarter. Unison Advisors LLC’s holdings in Travelers Companies were worth $4,131,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in TRV. Valeo Financial Advisors LLC lifted its holdings in shares of Travelers Companies by 71,265.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,616,826 shares of the insurance provider’s stock worth $967,646,000 after acquiring an additional 3,611,758 shares during the last quarter. Nuveen LLC acquired a new position in shares of Travelers Companies in the 1st quarter worth approximately $294,755,000. Bahl & Gaynor Inc. lifted its holdings in shares of Travelers Companies by 41.2% in the 1st quarter. Bahl & Gaynor Inc. now owns 1,679,275 shares of the insurance provider’s stock worth $444,101,000 after acquiring an additional 490,039 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Travelers Companies by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider’s stock worth $511,631,000 after buying an additional 390,104 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its stake in Travelers Companies by 86.5% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 738,901 shares of the insurance provider’s stock worth $197,686,000 after buying an additional 342,666 shares during the period. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TRV. JPMorgan Chase & Co. upped their target price on shares of Travelers Companies from $289.00 to $297.00 and gave the stock an “underweight” rating in a research note on Thursday, October 9th. Morgan Stanley upped their target price on shares of Travelers Companies from $269.00 to $285.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Evercore ISI reaffirmed an “outperform” rating on shares of Travelers Companies in a research note on Wednesday, October 1st. Piper Sandler upped their target price on shares of Travelers Companies from $320.00 to $322.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Travelers Companies in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and a consensus price target of $292.47.

Travelers Companies Trading Up 0.3%

NYSE TRV opened at $262.31 on Monday. 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 firm’s fifty day moving average price is $273.93 and its 200 day moving average price is $266.33. The company has a market capitalization of $58.51 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 2.51 and a beta of 0.51. The Travelers Companies, Inc. has a 12 month low of $230.23 and a 12 month high of $287.95.

Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, October 16th. The insurance provider reported $8.14 EPS for the quarter, beating analysts’ consensus estimates of $6.01 by $2.13. The firm had revenue of $11.47 billion for the quarter, compared to the consensus estimate of $11.15 billion. Travelers Companies had a net margin of 12.14% and a return on equity of 20.28%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $5.24 EPS. On average, sell-side analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors 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 dividend on an annualized basis and a yield of 1.7%. Travelers Companies’s dividend payout ratio is currently 17.30%.

Insiders Place Their Bets

In related news, EVP Mojgan M. Lefebvre sold 16,820 shares of the 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.46% of the stock is currently owned by corporate insiders.

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.