Yousif Capital Management LLC Lowers Holdings in The Travelers Companies, Inc. $TRV

Yousif Capital Management LLC reduced its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 9.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,620 shares of the insurance provider’s stock after selling 3,055 shares during the quarter. Yousif Capital Management LLC’s holdings in Travelers Companies were worth $8,271,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Osterweis Capital Management Inc. increased its stake in shares of Travelers Companies by 1,820.0% during the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock valued at $26,000 after buying an additional 91 shares during the period. Missouri Trust & Investment Co lifted its stake in Travelers Companies by 122.2% in the second quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider’s stock worth $27,000 after acquiring an additional 55 shares during the period. Delos Wealth Advisors LLC bought a new position in Travelers Companies during the 2nd quarter worth about $27,000. Quaker Wealth Management LLC increased its position in Travelers Companies by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 104 shares of the insurance provider’s stock valued at $28,000 after purchasing an additional 208 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Travelers Companies in the 2nd quarter valued at about $30,000. 82.45% of the stock is owned by institutional investors.

Insider Activity at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 1,803 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $289.55, for a total value of $522,058.65. Following the transaction, the insider directly owned 255,086 shares of the company’s stock, valued at $73,860,151.30. This represents a 0.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maria Olivo sold 8,920 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $295.73, for a total value of $2,637,911.60. Following the completion of the transaction, the executive vice president owned 117,596 shares of the company’s stock, valued at $34,776,665.08. This trade represents a 7.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 46,295 shares of company stock valued at $13,011,918 over the last three months. 1.46% of the stock is owned by corporate insiders.

Travelers Companies Price Performance

Shares of TRV stock opened at $292.44 on Wednesday. The Travelers Companies, Inc. has a fifty-two week low of $230.23 and a fifty-two week high of $296.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.35 and a current ratio of 0.35. The firm has a market capitalization of $65.23 billion, a price-to-earnings ratio of 11.50, a PEG ratio of 2.87 and a beta of 0.53. The stock’s 50-day simple moving average is $281.26 and its 200-day simple moving average is $272.92.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, October 16th. The insurance provider reported $8.14 EPS for the quarter, beating the consensus estimate of $6.01 by $2.13. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $11.15 billion. Travelers Companies had a net margin of 12.14% and a return on equity of 20.28%. Travelers Companies’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $5.24 EPS. As a group, equities analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 10th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, December 10th. Travelers Companies’s payout ratio is presently 17.30%.

Wall Street Analysts Forecast Growth

TRV has been the topic of a number of recent research reports. UBS Group increased their price objective on shares of Travelers Companies from $284.00 to $287.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Travelers Companies in a research report on Friday, October 17th. JPMorgan Chase & Co. boosted their price target on Travelers Companies from $289.00 to $297.00 and gave the stock an “underweight” rating in a research report on Thursday, October 9th. Morgan Stanley upped their price objective on Travelers Companies from $285.00 to $295.00 and gave the stock an “equal weight” rating in a research note on Monday, November 17th. Finally, Wells Fargo & Company reiterated a “positive” rating on shares of Travelers Companies in a report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $294.25.

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.