ORG Partners LLC Acquires 294 Shares of The Travelers Companies, Inc. (NYSE:TRV)

ORG Partners LLC boosted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 85.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 637 shares of the insurance provider’s stock after purchasing an additional 294 shares during the quarter. ORG Partners LLC’s holdings in Travelers Companies were worth $121,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TRV. First Command Advisory Services Inc. bought a new stake in Travelers Companies during the 3rd quarter valued at approximately $26,000. Arlington Trust Co LLC bought a new stake in Travelers Companies during the 3rd quarter valued at approximately $27,000. FWL Investment Management LLC bought a new stake in Travelers Companies during the 4th quarter valued at approximately $28,000. Quarry LP bought a new stake in Travelers Companies during the 1st quarter valued at approximately $31,000. Finally, AM Squared Ltd raised its stake in Travelers Companies by 100.0% during the 3rd quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Institutional investors own 82.45% of the company’s stock.

Insider Activity at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 26,633 shares of the business’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $212.76, for a total transaction of $5,666,437.08. Following the completion of the transaction, the insider now owns 255,178 shares in the company, valued at approximately $54,291,671.28. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Travelers Companies news, CFO Daniel S. Frey sold 38,000 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total value of $8,076,900.00. Following the completion of the sale, the chief financial officer now directly owns 14,810 shares in the company, valued at approximately $3,147,865.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman William H. Heyman sold 26,633 shares of the company’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $212.76, for a total value of $5,666,437.08. Following the completion of the sale, the insider now owns 255,178 shares of the company’s stock, valued at $54,291,671.28. The disclosure for this sale can be found here. Insiders sold a total of 109,775 shares of company stock worth $23,343,903 in the last quarter. 1.33% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TRV shares. StockNews.com raised Travelers Companies from a “hold” rating to a “buy” rating in a research note on Friday, March 29th. The Goldman Sachs Group lifted their price objective on Travelers Companies from $186.00 to $212.00 and gave the stock a “sell” rating in a research note on Friday. Janney Montgomery Scott initiated coverage on Travelers Companies in a research note on Wednesday, December 20th. They issued a “buy” rating and a $215.00 price objective on the stock. Piper Sandler reaffirmed a “neutral” rating and issued a $213.00 price objective on shares of Travelers Companies in a research note on Monday, April 1st. Finally, UBS Group lifted their price objective on Travelers Companies from $205.00 to $225.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Travelers Companies currently has an average rating of “Hold” and an average target price of $212.94.

Travelers Companies Price Performance

Shares of Travelers Companies stock opened at $221.10 on Monday. The stock has a 50 day moving average price of $221.66 and a 200-day moving average price of $195.30. The Travelers Companies, Inc. has a one year low of $157.33 and a one year high of $232.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34. The stock has a market cap of $50.66 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 1.16 and a beta of 0.58.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Friday, January 19th. The insurance provider reported $7.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.10 by $1.91. Travelers Companies had a return on equity of 13.68% and a net margin of 7.23%. The company had revenue of $10.93 billion during the quarter, compared to analysts’ expectations of $10.18 billion. During the same quarter in the previous year, the business earned $3.40 EPS. Travelers Companies’s revenue was up 13.4% compared to the same quarter last year. Equities analysts expect that The Travelers Companies, Inc. will post 17.62 EPS for the current year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Thursday, March 7th. Travelers Companies’s payout ratio is currently 31.27%.

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.