The Travelers Companies, Inc. (NYSE:TRV) Given Consensus Rating of “Hold” by Analysts

Shares of The Travelers Companies, Inc. (NYSE:TRV) have been given an average rating of “Hold” by the twenty-six ratings firms that are currently covering the firm, Marketbeat reports. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have issued a buy rating and four have issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $354.2632.

TRV has been the subject of a number of recent analyst reports. Raymond James Financial set a $430.00 price objective on shares of Travelers Companies in a report on Monday, July 20th. Citigroup reissued a “market perform” rating on shares of Travelers Companies in a report on Monday, July 20th. JPMorgan Chase & Co. raised shares of Travelers Companies from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $316.00 to $322.00 in a report on Tuesday, May 26th. The Goldman Sachs Group downgraded shares of Travelers Companies from a “neutral” rating to a “sell” rating and set a $350.00 price target on the stock. in a report on Monday, July 20th. Finally, BMO Capital Markets lowered shares of Travelers Companies from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $314.00 to $379.00 in a research report on Tuesday, July 21st.

Insider Activity at Travelers Companies

In other news, EVP Maria Olivo sold 6,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $369.86, for a total transaction of $2,219,160.00. Following the completion of the transaction, the executive vice president owned 118,742 shares in the company, valued at $43,917,916.12. This trade represents a 4.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Daniel Yin sold 7,153 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $387.00, for a total value of $2,768,211.00. Following the transaction, the executive vice president owned 68,834 shares of the company’s stock, valued at $26,638,758. This represents a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 58,667 shares of company stock valued at $21,830,989 in the last ninety days. Corporate insiders own 1.39% of the company’s stock.

Institutional Investors Weigh In On Travelers Companies

Several institutional investors have recently made changes to their positions in TRV. HHM Wealth Advisors LLC grew its holdings in shares of Travelers Companies by 145.7% in the first quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 51 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in Travelers Companies in the 1st quarter valued at about $26,000. LifeSteps Financial Inc. purchased a new stake in Travelers Companies in the 2nd quarter valued at about $26,000. Kilter Group LLC bought a new position in Travelers Companies in the 2nd quarter worth about $26,000. Finally, Kemnay Advisory Services Inc. bought a new position in Travelers Companies in the 4th quarter worth about $26,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of Travelers Companies stock opened at $369.01 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $76.97 billion, a P/E ratio of 9.88, a P/E/G ratio of 2.51 and a beta of 0.44. The business has a fifty day simple moving average of $363.46 and a two-hundred day simple moving average of $323.28. Travelers Companies has a 12 month low of $252.26 and a 12 month high of $398.70.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Friday, July 17th. The insurance provider reported $10.04 EPS for the quarter, topping the consensus estimate of $5.41 by $4.63. Travelers Companies had a net margin of 16.95% and a return on equity of 25.41%. The business had revenue of $12.15 billion for the quarter, compared to analyst estimates of $11.26 billion. During the same quarter in the previous year, the firm posted $6.51 earnings per share. Travelers Companies’s quarterly revenue was up .3% on a year-over-year basis. On average, equities analysts forecast that Travelers Companies will post 33.82 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. Travelers Companies’s dividend payout ratio (DPR) is 13.39%.

About Travelers Companies

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.