First Nebraska Trust Co Purchases Shares of 1,455 The Travelers Companies, Inc. $TRV

First Nebraska Trust Co bought a new position in The Travelers Companies, Inc. (NYSE:TRV) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,455 shares of the insurance provider’s stock, valued at approximately $480,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRV. Arbejdsmarkedets Tillaegspension acquired a new position in shares of Travelers Companies during the 4th quarter worth approximately $24,167,000. Rit Capital Partners PLC bought a new stake in Travelers Companies in the 4th quarter valued at $39,450,000. UBS Group AG lifted its holdings in shares of Travelers Companies by 5.3% during the fourth quarter. UBS Group AG now owns 1,774,756 shares of the insurance provider’s stock worth $514,786,000 after buying an additional 89,159 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in shares of Travelers Companies by 41.5% in the fourth quarter. Swiss Life Asset Management Ltd now owns 66,016 shares of the insurance provider’s stock valued at $19,149,000 after acquiring an additional 19,347 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft acquired a new position in shares of Travelers Companies in the first quarter valued at about $576,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analyst Ratings Changes

TRV has been the subject of a number of recent research reports. Citigroup reissued a “market perform” rating on shares of Travelers Companies in a report on Monday, July 20th. Evercore set a $329.00 price objective on shares of Travelers Companies and gave the stock an “in-line” rating in a research report on Friday, July 10th. Raymond James Financial set a $430.00 target price on shares of Travelers Companies in a report on Monday, July 20th. Morgan Stanley boosted their price target on Travelers Companies from $290.00 to $330.00 and gave the stock an “underweight” rating in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. upgraded shares of Travelers Companies from an “underweight” rating to a “neutral” rating and raised their price target for the company from $316.00 to $322.00 in a research note on Tuesday, May 26th. Four research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, Travelers Companies currently has an average rating of “Hold” and an average price target of $354.26.

Insiders Place Their Bets

In other Travelers Companies news, EVP David Donnay Rowland sold 5,000 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $371.69, for a total value of $1,858,450.00. Following the completion of the transaction, the executive vice president directly owned 10,479 shares of the company’s stock, valued at $3,894,939.51. This trade represents a 32.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mojgan M. Lefebvre sold 16,313 shares of Travelers Companies stock in a transaction that occurred 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 owned 9,213 shares of the company’s stock, valued at approximately $3,393,884.94. The trade was a 63.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 62,667 shares of company stock worth $22,688,329 in the last three months. Insiders own 1.39% of the company’s stock.

Travelers Companies Price Performance

TRV stock opened at $363.83 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.33 and a quick ratio of 0.33. The Travelers Companies, Inc. has a 1 year low of $252.26 and a 1 year high of $398.70. The company’s 50-day moving average is $352.28 and its 200-day moving average is $318.12. The stock has a market capitalization of $75.88 billion, a PE ratio of 9.74, a price-to-earnings-growth ratio of 3.46 and a beta of 0.45.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Friday, July 17th. The insurance provider reported $10.04 EPS for the quarter, topping the consensus estimate of $5.41 by $4.63. The firm had revenue of $12.15 billion during the quarter, compared to the consensus estimate of $11.26 billion. Travelers Companies had a return on equity of 25.41% and a net margin of 16.95%.The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the business posted $6.51 earnings per share. Equities research analysts expect that The Travelers Companies, Inc. will post 33.82 EPS for the current fiscal year.

Travelers Companies Announces Dividend

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

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.