The Travelers Companies, Inc. (NYSE:TRV) Shares Purchased by City Holding Co.

City Holding Co. grew its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 36.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 641 shares of the insurance provider’s stock after purchasing an additional 170 shares during the period. City Holding Co.’s holdings in Travelers Companies were worth $154,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Grove Bank & Trust raised its stake in Travelers Companies by 57.5% during the fourth quarter. Grove Bank & Trust now owns 644 shares of the insurance provider’s stock worth $155,000 after acquiring an additional 235 shares during the period. Liberty One Investment Management LLC grew its holdings in shares of Travelers Companies by 4.3% during the fourth quarter. Liberty One Investment Management LLC now owns 20,290 shares of the insurance provider’s stock valued at $4,888,000 after purchasing an additional 830 shares during the last quarter. Kelly Financial Services LLC bought a new stake in shares of Travelers Companies in the 4th quarter worth approximately $4,869,000. Aaron Wealth Advisors LLC lifted its holdings in shares of Travelers Companies by 17.6% in the 4th quarter. Aaron Wealth Advisors LLC now owns 1,130 shares of the insurance provider’s stock worth $272,000 after purchasing an additional 169 shares during the last quarter. Finally, HB Wealth Management LLC boosted its position in Travelers Companies by 14.6% during the 4th quarter. HB Wealth Management LLC now owns 13,563 shares of the insurance provider’s stock valued at $3,267,000 after purchasing an additional 1,728 shares during the period. 82.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group upgraded Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price on the stock in a research note on Wednesday, January 8th. BMO Capital Markets lifted their price objective on shares of Travelers Companies from $233.00 to $270.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Wells Fargo & Company dropped their price target on shares of Travelers Companies from $217.00 to $213.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 14th. Barclays reduced their price objective on Travelers Companies from $295.00 to $278.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Finally, StockNews.com raised Travelers Companies from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Travelers Companies has a consensus rating of “Hold” and an average price target of $254.65.

Travelers Companies Stock Down 1.1 %

Shares of Travelers Companies stock opened at $239.65 on Tuesday. The Travelers Companies, Inc. has a 12-month low of $195.57 and a 12-month high of $269.55. The firm has a market capitalization of $54.41 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of 1.01 and a beta of 0.65. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average is $249.57 and its 200-day moving average is $236.18.

Insiders Place Their Bets

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the business’s stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $256.17, for a total transaction of $2,561,700.00. Following the sale, the executive vice president now directly owns 22,798 shares of the company’s stock, valued at $5,840,163.66. The trade was a 30.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maria Olivo sold 10,410 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the sale, the executive vice president now directly owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. This trade represents a 8.56 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,684 shares of company stock worth $7,946,669. Company insiders own 1.33% of the company’s stock.

Travelers Companies Company 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.