Mn Services Vermogensbeheer B.V. Buys 2,137 Shares of The Travelers Companies, Inc. $TRV

Mn Services Vermogensbeheer B.V. lifted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,884 shares of the insurance provider’s stock after acquiring an additional 2,137 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Travelers Companies were worth $25,492,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in TRV. Fifth Third Wealth Advisors LLC lifted its position in Travelers Companies by 1.0% during the third quarter. Fifth Third Wealth Advisors LLC now owns 4,093 shares of the insurance provider’s stock valued at $1,143,000 after purchasing an additional 40 shares during the period. Ibex Wealth Advisors grew its position in Travelers Companies by 1.4% in the 3rd quarter. Ibex Wealth Advisors now owns 2,889 shares of the insurance provider’s stock worth $807,000 after purchasing an additional 40 shares during the period. Nilsine Partners LLC raised its stake in Travelers Companies by 0.4% during the 3rd quarter. Nilsine Partners LLC now owns 9,737 shares of the insurance provider’s stock valued at $2,719,000 after buying an additional 41 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in Travelers Companies by 0.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 5,109 shares of the insurance provider’s stock valued at $1,367,000 after buying an additional 41 shares during the last quarter. Finally, Wedmont Private Capital lifted its holdings in shares of Travelers Companies by 1.3% during the 4th quarter. Wedmont Private Capital now owns 3,167 shares of the insurance provider’s stock valued at $897,000 after buying an additional 41 shares during the period. 82.45% of the stock is owned by hedge funds and other institutional investors.

Travelers Companies Trading Down 0.1%

Shares of TRV stock opened at $291.56 on Wednesday. The Travelers Companies, Inc. has a 1 year low of $230.43 and a 1 year high of $313.12. The firm has a fifty day moving average price of $296.36 and a 200-day moving average price of $286.16. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market cap of $63.05 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 2.70 and a beta of 0.49.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 21st. The insurance provider reported $11.13 EPS for the quarter, topping analysts’ consensus estimates of $8.34 by $2.79. The company had revenue of $12.43 billion for the quarter, compared to analysts’ expectations of $11.13 billion. Travelers Companies had a return on equity of 20.70% and a net margin of 12.88%.Travelers Companies’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $9.15 EPS. As a group, equities analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th were given a $1.10 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. Travelers Companies’s dividend payout ratio is presently 15.98%.

Travelers Companies announced that its Board of Directors has initiated a share buyback program on Wednesday, January 21st that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the insurance provider to repurchase up to 8.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TRV shares. Mizuho dropped their price target on Travelers Companies from $315.00 to $304.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. Jefferies Financial Group raised Travelers Companies to a “hold” rating in a report on Tuesday, January 6th. Citigroup reissued a “neutral” rating on shares of Travelers Companies in a research report on Tuesday, January 27th. Roth Mkm boosted their price target on Travelers Companies from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Zacks Research lowered shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $306.79.

Insider Buying and Selling

In other news, EVP Michael Frederick Klein sold 10,000 shares of Travelers Companies stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $301.18, for a total transaction of $3,011,800.00. Following the transaction, the executive vice president directly owned 33,638 shares of the company’s stock, valued at $10,131,092.84. The trade was a 22.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maria Olivo sold 10,400 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $300.75, for a total value of $3,127,800.00. Following the transaction, the executive vice president owned 117,596 shares of the company’s stock, valued at approximately $35,366,997. This trade represents a 8.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 92,845 shares of company stock worth $27,239,631 over the last ninety days. 1.46% of the stock is owned by corporate insiders.

Travelers Companies Company 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.