U.S. Capital Wealth Advisors LLC Boosts Stake in The Travelers Companies, Inc. (NYSE:TRV)

U.S. Capital Wealth Advisors LLC boosted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 4.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 59,431 shares of the insurance provider’s stock after buying an additional 2,415 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Travelers Companies were worth $11,321,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Clearbridge Investments LLC boosted its stake in shares of Travelers Companies by 15.8% in the third quarter. Clearbridge Investments LLC now owns 4,575,759 shares of the insurance provider’s stock worth $747,267,000 after acquiring an additional 623,974 shares during the period. Jacobs Levy Equity Management Inc. grew its stake in Travelers Companies by 1,826.3% during the third quarter. Jacobs Levy Equity Management Inc. now owns 512,714 shares of the insurance provider’s stock valued at $83,731,000 after acquiring an additional 486,098 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Travelers Companies by 19,918.1% in the 4th quarter. International Assets Investment Management LLC now owns 475,830 shares of the insurance provider’s stock valued at $90,641,000 after acquiring an additional 473,453 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Travelers Companies by 940.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 355,366 shares of the insurance provider’s stock worth $58,035,000 after purchasing an additional 321,198 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Travelers Companies by 57.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 626,172 shares of the insurance provider’s stock valued at $102,260,000 after purchasing an additional 229,071 shares during the last quarter. Institutional investors own 82.45% of the company’s stock.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the completion of the sale, the executive vice president now directly owns 22,798 shares of the company’s stock, valued at $4,877,860.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the transaction, the executive vice president now directly owns 22,798 shares of the company’s stock, valued at $4,877,860.08. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Daniel S. Frey sold 38,000 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total value of $8,076,900.00. Following the completion of the sale, the chief financial officer now directly owns 14,810 shares of the company’s stock, valued at approximately $3,147,865.50. The disclosure for this sale can be found here. Insiders have sold 56,635 shares of company stock worth $12,057,727 over the last quarter. Insiders own 1.33% of the company’s stock.

Travelers Companies Stock Down 0.2 %

Shares of NYSE:TRV traded down $0.52 during trading hours on Friday, hitting $213.85. The company’s stock had a trading volume of 1,298,445 shares, compared to its average volume of 1,525,222. The firm’s fifty day moving average price is $220.82 and its 200 day moving average price is $200.14. The Travelers Companies, Inc. has a 52 week low of $157.33 and a 52 week high of $232.75. The company has a market capitalization of $48.97 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 1.11 and a beta of 0.60. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 EPS for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). The business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.62 billion. Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The business’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period last year, the firm earned $4.11 EPS. As a group, research analysts expect that The Travelers Companies, Inc. will post 17.71 EPS for the current year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 10th will be given a dividend of $1.05 per share. The ex-dividend date is Friday, June 7th. This represents a $4.20 dividend on an annualized basis and a yield of 1.96%. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. Travelers Companies’s dividend payout ratio (DPR) is presently 29.72%.

Wall Street Analyst Weigh In

TRV has been the topic of a number of research analyst reports. Raymond James boosted their target price on Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a research report on Monday, January 22nd. Citigroup increased their target price on Travelers Companies from $215.00 to $226.00 and gave the company a “neutral” rating in a research report on Tuesday, April 16th. UBS Group reduced their price target on shares of Travelers Companies from $237.00 to $230.00 and set a “neutral” rating on the stock in a research report on Monday, April 22nd. Keefe, Bruyette & Woods lowered their price target on shares of Travelers Companies from $241.00 to $231.00 and set a “market perform” rating for the company in a report on Thursday, April 18th. Finally, Evercore ISI reduced their price objective on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, April 18th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $223.47.

Travelers Companies Profile

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.