Travelers Companies (TRV) Receiving Somewhat Positive Media Coverage, Analysis Shows

Headlines about Travelers Companies (NYSE:TRV) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Travelers Companies earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 46.0401690886954 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern’s rankings:

Shares of Travelers Companies (NYSE:TRV) traded up $1.02 on Tuesday, hitting $132.47. The stock had a trading volume of 2,081,496 shares, compared to its average volume of 1,380,000. The company has a market cap of $36,260.00, a P/E ratio of 15.33, a PEG ratio of 1.81 and a beta of 1.25. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.29. Travelers Companies has a 12-month low of $113.76 and a 12-month high of $137.95.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, October 19th. The insurance provider reported $0.91 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.10 by ($1.19). The firm had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Travelers Companies had a net margin of 8.56% and a return on equity of 9.87%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.40 earnings per share. equities research analysts expect that Travelers Companies will post 6.64 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 11th were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, December 8th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.17%. Travelers Companies’s dividend payout ratio is 33.33%.

Travelers Companies declared that its Board of Directors has authorized a share buyback plan on Monday, September 11th that permits the company to buyback outstanding shares. This buyback authorization permits the insurance provider to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

TRV has been the subject of several analyst reports. Buckingham Research started coverage on Travelers Companies in a research note on Monday, September 11th. They issued a “buy” rating and a $136.00 target price for the company. Citigroup dropped their price target on Travelers Companies from $142.00 to $140.00 and set a “buy” rating for the company in a research report on Monday, October 2nd. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $152.00 price target on shares of Travelers Companies in a research report on Wednesday, December 6th. Royal Bank of Canada reiterated a “buy” rating and set a $148.00 price target on shares of Travelers Companies in a research report on Friday, December 8th. Finally, Zacks Investment Research upgraded Travelers Companies from a “hold” rating to a “buy” rating and set a $148.00 price target for the company in a research report on Friday. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $134.38.

In related news, EVP Maria Olivo sold 33,225 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $134.18, for a total transaction of $4,458,130.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Michael Frederick Klein sold 20,077 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $130.68, for a total value of $2,623,662.36. Following the transaction, the executive vice president now directly owns 21,619 shares in the company, valued at $2,825,170.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 55,302 shares of company stock worth $7,347,753. 0.82% of the stock is currently owned by insiders.

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Travelers Companies Company Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

Insider Buying and Selling by Quarter for Travelers Companies (NYSE:TRV)

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