Valtrion Capital Management LLC Buys Shares of 3,008 The Travelers Companies, Inc. $TRV

Valtrion Capital Management LLC purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,008 shares of the insurance provider’s stock, valued at approximately $993,000. Travelers Companies accounts for about 0.7% of Valtrion Capital Management LLC’s investment portfolio, making the stock its 19th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Berman McAleer LLC lifted its stake in Travelers Companies by 3.5% in the second quarter. Berman McAleer LLC now owns 894 shares of the insurance provider’s stock valued at $295,000 after buying an additional 30 shares in the last quarter. Willner & Heller LLC increased its position in shares of Travelers Companies by 2.7% during the second quarter. Willner & Heller LLC now owns 1,206 shares of the insurance provider’s stock worth $398,000 after acquiring an additional 32 shares in the last quarter. Spinnaker Trust raised its holdings in shares of Travelers Companies by 1.7% during the first quarter. Spinnaker Trust now owns 1,938 shares of the insurance provider’s stock worth $565,000 after acquiring an additional 33 shares during the period. Cim LLC raised its holdings in shares of Travelers Companies by 0.4% during the fourth quarter. Cim LLC now owns 8,145 shares of the insurance provider’s stock worth $2,363,000 after acquiring an additional 34 shares during the period. Finally, Avalon Trust Co lifted its position in Travelers Companies by 0.4% in the 1st quarter. Avalon Trust Co now owns 8,784 shares of the insurance provider’s stock valued at $2,562,000 after acquiring an additional 35 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Mojgan M. Lefebvre sold 16,313 shares of the company’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $368.38, for a total transaction of $6,009,382.94. Following the sale, the executive vice president directly owned 9,213 shares of the company’s stock, valued at approximately $3,393,884.94. This represents a 63.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel Tei-Hwa Yin sold 7,153 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $387.00, for a total transaction of $2,768,211.00. Following the completion of the sale, the executive vice president owned 68,834 shares of the company’s stock, valued at approximately $26,638,758. This represents a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 52,667 shares of company stock valued at $19,611,829 in the last 90 days. Company insiders own 1.39% of the company’s stock.

Travelers Companies Stock Down 0.3%

TRV stock opened at $369.40 on Wednesday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $354.79 and a two-hundred day moving average price of $319.45. The company has a market cap of $77.05 billion, a price-to-earnings ratio of 9.89, a P/E/G ratio of 3.52 and a beta of 0.45. The Travelers Companies, Inc. has a twelve month low of $252.26 and a twelve month high of $398.70.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Friday, July 17th. The insurance provider reported $10.04 earnings per share for the quarter, topping the consensus estimate of $5.41 by $4.63. Travelers Companies had a return on equity of 25.41% and a net margin of 16.95%.The firm had revenue of $12.15 billion for the quarter, compared to analyst estimates of $11.26 billion. During the same quarter in the previous year, the firm earned $6.51 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. Analysts anticipate that The Travelers Companies, Inc. will post 33.82 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, September 10th. Travelers Companies’s payout ratio is presently 13.39%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TRV shares. Cantor Fitzgerald increased their target price on Travelers Companies from $335.00 to $360.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Wells Fargo & Company boosted their price target on Travelers Companies from $295.00 to $334.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. raised Travelers Companies from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $316.00 to $322.00 in a research report on Tuesday, May 26th. The Goldman Sachs Group cut Travelers Companies from a “neutral” rating to a “sell” rating and set a $350.00 target price on the stock. in a research note on Monday, July 20th. Finally, Seaport Research Partners set a $322.00 price target on shares of Travelers Companies in a research note on Tuesday, May 26th. Four equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Travelers Companies currently has a consensus rating of “Hold” and an average target price of $354.26.

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.