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

Cwm LLC boosted its position in The Travelers Companies, Inc. (NYSE:TRV) by 11.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,143 shares of the insurance provider’s stock after buying an additional 13,758 shares during the period. Cwm LLC owned approximately 0.06% of Travelers Companies worth $37,735,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Avalon Trust Co grew its stake in shares of Travelers Companies by 23.4% during the 2nd quarter. Avalon Trust Co now owns 7,541 shares of the insurance provider’s stock worth $2,018,000 after purchasing an additional 1,429 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Travelers Companies by 25.4% during the 1st quarter. BNP Paribas Financial Markets now owns 480,633 shares of the insurance provider’s stock worth $127,108,000 after purchasing an additional 97,247 shares in the last quarter. Cerity Partners LLC increased its position in Travelers Companies by 16.4% during the second quarter. Cerity Partners LLC now owns 102,911 shares of the insurance provider’s stock worth $27,533,000 after buying an additional 14,484 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its stake in Travelers Companies by 54.1% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 8,838 shares of the insurance provider’s stock valued at $2,337,000 after purchasing an additional 3,101 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Travelers Companies by 1.6% during the second quarter. AQR Capital Management LLC now owns 1,454,118 shares of the insurance provider’s stock worth $384,752,000 after buying an additional 22,382 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $287.50, for a total transaction of $575,000.00. Following the completion of the sale, the insider directly owned 255,086 shares in the company, valued at $73,337,225. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maria Olivo sold 8,920 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $295.73, for a total transaction of $2,637,911.60. Following the completion of the transaction, the executive vice president directly owned 117,596 shares in the company, valued at approximately $34,776,665.08. This represents a 7.05% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 46,295 shares of company stock valued at $13,011,918. 1.46% of the stock is currently owned by corporate insiders.

Travelers Companies Trading Down 0.6%

Shares of TRV opened at $292.03 on Friday. The Travelers Companies, Inc. has a twelve month low of $230.23 and a twelve month high of $296.85. The firm has a market capitalization of $65.14 billion, a P/E ratio of 11.48, a price-to-earnings-growth ratio of 2.89 and a beta of 0.53. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.29. The stock’s fifty day simple moving average is $282.99 and its 200 day simple moving average is $273.38.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Thursday, October 16th. The insurance provider reported $8.14 EPS for the quarter, topping the consensus estimate of $6.01 by $2.13. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $11.15 billion. Travelers Companies had a return on equity of 20.28% and a net margin of 12.14%.The firm’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $5.24 earnings per share. On average, equities research analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current 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 issued a $1.10 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $4.40 annualized dividend and a yield of 1.5%. Travelers Companies’s dividend payout ratio (DPR) is presently 17.30%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TRV. JPMorgan Chase & Co. upped their price objective on shares of Travelers Companies from $289.00 to $297.00 and gave the company an “underweight” rating in a research note on Thursday, October 9th. Wolfe Research started coverage on Travelers Companies in a report on Monday, September 15th. They issued a “peer perform” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Travelers Companies in a research note on Tuesday, October 14th. Zacks Research cut Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, December 22nd. Finally, Piper Sandler lifted their price objective on Travelers Companies from $320.00 to $322.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $294.25.

Travelers Companies Profile

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.