Oregon Public Employees Retirement Fund Purchases 6,189 Shares of The Travelers Companies, Inc. $TRV

Oregon Public Employees Retirement Fund boosted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 31.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,728 shares of the insurance provider’s stock after acquiring an additional 6,189 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Travelers Companies were worth $7,184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Travelers Companies by 13.4% during the 4th quarter. Brighton Jones LLC now owns 3,277 shares of the insurance provider’s stock valued at $789,000 after purchasing an additional 387 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in Travelers Companies during the 4th quarter worth approximately $276,000. Jones Financial Companies Lllp lifted its stake in Travelers Companies by 2.3% in the first quarter. Jones Financial Companies Lllp now owns 4,467 shares of the insurance provider’s stock valued at $1,181,000 after buying an additional 100 shares in the last quarter. SageView Advisory Group LLC boosted its holdings in shares of Travelers Companies by 6.5% in the first quarter. SageView Advisory Group LLC now owns 906 shares of the insurance provider’s stock valued at $240,000 after buying an additional 55 shares during the period. Finally, Integrity Alliance LLC. bought a new stake in shares of Travelers Companies during the first quarter worth $637,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Vice Chairman William H. Heyman sold 2,000 shares of Travelers Companies stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $287.50, for a total transaction of $575,000.00. Following the completion of the transaction, the insider owned 255,086 shares in the company, valued at approximately $73,337,225. This trade represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael Frederick Klein sold 8,572 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $270.73, for a total value of $2,320,697.56. Following the completion of the sale, the executive vice president owned 33,638 shares in the company, valued at $9,106,815.74. This represents a 20.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 46,295 shares of company stock worth $13,011,918. Insiders own 1.46% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TRV. Keefe, Bruyette & Woods upped their target price on shares of Travelers Companies from $305.00 to $317.00 and gave the stock an “outperform” rating in a research note on Tuesday. Evercore ISI upped their price objective on Travelers Companies from $309.00 to $317.00 and gave the stock an “outperform” rating in a research report on Wednesday. Zacks Research downgraded Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, December 22nd. Weiss Ratings restated a “buy (b+)” rating on shares of Travelers Companies in a research note on Monday, December 29th. Finally, Wells Fargo & Company reaffirmed a “positive” rating on shares of Travelers Companies in a research report on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $298.38.

Travelers Companies Stock Down 0.8%

TRV stock opened at $281.99 on Friday. The company has a market cap of $62.90 billion, a price-to-earnings ratio of 11.09, a P/E/G ratio of 2.71 and a beta of 0.52. The Travelers Companies, Inc. has a twelve month low of $230.23 and a twelve month high of $296.85. The business has a 50 day moving average price of $286.67 and a two-hundred day moving average price of $274.95. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last released 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. Travelers Companies had a return on equity of 20.28% and a net margin of 12.14%.The company had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $11.15 billion. During the same quarter in the prior year, the firm posted $5.24 EPS. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. Analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 10th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, December 10th. Travelers Companies’s dividend payout ratio (DPR) is 17.30%.

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.