Crewe Advisors LLC Has $83,000 Stock Position in The Travelers Companies, Inc. $TRV

Crewe Advisors LLC grew its position in The Travelers Companies, Inc. (NYSE:TRV) by 17.0% in the second quarter, Holdings Channel.com reports. The fund owned 310 shares of the insurance provider’s stock after buying an additional 45 shares during the period. Crewe Advisors LLC’s holdings in Travelers Companies were worth $83,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Valeo Financial Advisors LLC boosted its stake in Travelers Companies by 71,265.9% during the second quarter. Valeo Financial Advisors LLC now owns 3,616,826 shares of the insurance provider’s stock worth $967,646,000 after buying an additional 3,611,758 shares in the last quarter. Nuveen LLC bought a new stake in Travelers Companies in the first quarter valued at about $294,755,000. Bahl & Gaynor Inc. raised its position in Travelers Companies by 41.2% in the first quarter. Bahl & Gaynor Inc. now owns 1,679,275 shares of the insurance provider’s stock worth $444,101,000 after purchasing an additional 490,039 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Travelers Companies by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider’s stock worth $511,631,000 after purchasing an additional 390,104 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in Travelers Companies by 86.5% during the second quarter. Robeco Institutional Asset Management B.V. now owns 738,901 shares of the insurance provider’s stock valued at $197,686,000 after purchasing an additional 342,666 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Travelers Companies in a report on Tuesday, October 14th. Morgan Stanley increased their price objective on Travelers Companies from $269.00 to $285.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Citigroup started coverage on Travelers Companies in a report on Wednesday, August 13th. They set a “neutral” rating and a $291.00 price objective for the company. Evercore ISI reaffirmed an “outperform” rating on shares of Travelers Companies in a report on Wednesday, October 1st. Finally, Wells Fargo & Company reiterated a “positive” rating on shares of Travelers Companies in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $292.47.

Insider Transactions at Travelers Companies

In other Travelers Companies news, EVP Mojgan M. Lefebvre sold 16,820 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $277.54, for a total value of $4,668,222.80. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.46% of the company’s stock.

Travelers Companies Stock Performance

Travelers Companies stock opened at $262.31 on Monday. The stock has a 50-day simple moving average of $273.93 and a 200 day simple moving average of $266.33. The stock has a market capitalization of $58.51 billion, a price-to-earnings ratio of 10.31, a P/E/G ratio of 2.51 and a beta of 0.51. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 12-month low of $230.23 and a 12-month high of $287.95.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, October 16th. The insurance provider reported $8.14 earnings per share for the quarter, beating 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 firm had revenue of $11.47 billion during the quarter, compared to analysts’ expectations of $11.15 billion. During the same quarter last year, the company posted $5.24 EPS. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, research analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 10th will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.7%. The ex-dividend date is Wednesday, December 10th. Travelers Companies’s payout ratio is 17.30%.

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.