Advyzon Investment Management LLC Invests $201,000 in The Travelers Companies, Inc. $TRV

Advyzon Investment Management LLC bought a new stake in The Travelers Companies, Inc. (NYSE:TRV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 752 shares of the insurance provider’s stock, valued at approximately $201,000.

A number of other large investors have also added to or reduced their stakes in the company. Ibex Wealth Advisors bought a new position in shares of Travelers Companies during the 2nd quarter valued at about $762,000. Vise Technologies Inc. purchased a new stake in Travelers Companies in the second quarter worth approximately $1,877,000. Allworth Financial LP grew its position in Travelers Companies by 33.0% during the second quarter. Allworth Financial LP now owns 8,462 shares of the insurance provider’s stock valued at $2,264,000 after acquiring an additional 2,101 shares during the last quarter. Illinois Municipal Retirement Fund raised its stake in shares of Travelers Companies by 18.1% during the second quarter. Illinois Municipal Retirement Fund now owns 85,440 shares of the insurance provider’s stock worth $22,859,000 after acquiring an additional 13,083 shares in the last quarter. Finally, Fidelis Capital Partners LLC lifted its holdings in shares of Travelers Companies by 4.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 2,951 shares of the insurance provider’s stock worth $790,000 after acquiring an additional 123 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of TRV stock opened at $286.19 on Thursday. The firm has a market capitalization of $63.84 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 2.38 and a beta of 0.55. The stock has a fifty day moving average of $274.91 and a 200 day moving average of $269.31. The Travelers Companies, Inc. has a 52 week low of $230.23 and a 52 week high of $288.95. 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 issued its quarterly earnings data on Thursday, October 16th. The insurance provider reported $8.14 EPS for the quarter, topping 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 business had revenue of $11.47 billion during the quarter, compared to analyst estimates of $11.15 billion. During the same period in the prior year, the business earned $5.24 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, research analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The business 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 $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, December 10th. Travelers Companies’s dividend payout ratio is presently 17.30%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TRV shares. JPMorgan Chase & Co. increased their target price on shares of Travelers Companies from $289.00 to $297.00 and gave the company an “underweight” rating in a report on Thursday, October 9th. Evercore ISI restated an “outperform” rating on shares of Travelers Companies in a research report on Wednesday, October 1st. Keefe, Bruyette & Woods raised their price objective on Travelers Companies from $304.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. Cantor Fitzgerald raised Travelers Companies to a “strong-buy” rating in a research note on Wednesday, August 13th. Finally, Barclays set a $313.00 target price on Travelers Companies in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $291.31.

Insiders Place Their Bets

In other Travelers Companies news, EVP Michael Frederick Klein sold 8,572 shares of Travelers Companies stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $270.73, for a total transaction of $2,320,697.56. Following the sale, the executive vice president directly owned 33,638 shares of the company’s stock, valued at approximately $9,106,815.74. The trade was a 20.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Daniel S. Frey sold 25,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $278.25, for a total value of $6,956,250.00. Following the completion of the transaction, the chief financial officer directly owned 26,932 shares of the company’s stock, valued at $7,493,829. This represents a 48.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 50,392 shares of company stock worth $13,945,170 over the last three months. Company insiders own 1.46% of the company’s stock.

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.