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

The Travelers Companies, Inc. (NYSE:TRV) has been assigned an average rating of “Hold” from the twenty-four research firms that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $251.70.

A number of brokerages have recently issued reports on TRV. Janney Montgomery Scott lowered Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price target on the stock. in a research note on Thursday, November 21st. Roth Mkm upped their target price on shares of Travelers Companies from $240.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Hsbc Global Res upgraded shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. The Goldman Sachs Group boosted their price target on shares of Travelers Companies from $216.00 to $245.00 and gave the stock a “sell” rating in a research report on Tuesday, October 22nd. Finally, Jefferies Financial Group increased their price objective on shares of Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a report on Wednesday, October 9th.

Insider Activity at Travelers Companies

In other news, CEO Alan D. Schnitzer sold 40,524 shares of the stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $260.12, for a total transaction of $10,541,102.88. Following the transaction, the chief executive officer now directly owns 221,924 shares in the company, valued at $57,726,870.88. This represents a 15.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the transaction, the insider now owns 250,384 shares in the company, valued at $66,301,683.20. The trade was a 1.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,149 shares of company stock valued at $20,295,856 over the last quarter. Insiders own 1.33% of the company’s stock.

Hedge Funds Weigh In On Travelers Companies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Y.D. More Investments Ltd acquired a new stake in Travelers Companies during the second quarter valued at approximately $25,000. Wolff Wiese Magana LLC increased its holdings in shares of Travelers Companies by 39.1% in the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 45 shares during the last quarter. True Wealth Design LLC acquired a new stake in shares of Travelers Companies during the 3rd quarter valued at approximately $41,000. Catalyst Capital Advisors LLC bought a new position in Travelers Companies during the third quarter worth $50,000. Finally, Salomon & Ludwin LLC boosted its holdings in Travelers Companies by 22.1% in the third quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider’s stock worth $65,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $245.17 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a fifty day moving average of $252.41 and a 200 day moving average of $229.83. The firm has a market cap of $55.66 billion, a PE ratio of 12.57, a PEG ratio of 1.19 and a beta of 0.63. Travelers Companies has a one year low of $181.03 and a one year high of $269.55.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping the consensus estimate of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The firm had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.46 billion. During the same quarter in the prior year, the firm earned $1.95 EPS. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. As a group, research analysts predict that Travelers Companies will post 18.83 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, December 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 21.54%.

About Travelers Companies

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.