Vestor Capital LLC Lowers Position in The Travelers Companies, Inc. (NYSE:TRV)

Vestor Capital LLC decreased its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 29.1% during the third quarter, HoldingsChannel reports. The firm owned 200 shares of the insurance provider’s stock after selling 82 shares during the period. Vestor Capital LLC’s holdings in Travelers Companies were worth $47,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Quent Capital LLC increased its holdings in Travelers Companies by 19.7% during the first quarter. Quent Capital LLC now owns 1,375 shares of the insurance provider’s stock valued at $316,000 after buying an additional 226 shares during the period. Central Pacific Bank Trust Division purchased a new stake in Travelers Companies during the 1st quarter valued at about $249,000. Proficio Capital Partners LLC increased its holdings in shares of Travelers Companies by 4.2% in the first quarter. Proficio Capital Partners LLC now owns 1,596 shares of the insurance provider’s stock valued at $367,000 after purchasing an additional 64 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Travelers Companies during the first quarter worth about $593,000. Finally, Callan Capital LLC purchased a new stake in Travelers Companies in the first quarter valued at approximately $217,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Down 1.2 %

Shares of TRV stock opened at $242.81 on Tuesday. The stock has a market capitalization of $55.12 billion, a P/E ratio of 12.45, a price-to-earnings-growth ratio of 1.18 and a beta of 0.62. The Travelers Companies, Inc. has a fifty-two week low of $167.08 and a fifty-two week high of $269.55. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The company has a 50 day moving average price of $239.59 and a 200 day moving average price of $221.83.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.79 by $1.45. The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.46 billion. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.95 earnings per share. Equities research analysts predict that The Travelers Companies, Inc. will post 18.53 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be paid a $1.05 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.73%. Travelers Companies’s dividend payout ratio is currently 21.54%.

Analysts Set New Price Targets

TRV has been the topic of a number of research reports. Barclays increased their price objective on shares of Travelers Companies from $286.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Morgan Stanley dropped their price objective on shares of Travelers Companies from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Friday, July 19th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Travelers Companies from $221.00 to $234.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Citigroup lifted their target price on shares of Travelers Companies from $200.00 to $203.00 and gave the company a “sell” rating in a research report on Tuesday, July 30th. Finally, Bank of America boosted their price target on shares of Travelers Companies from $241.00 to $265.00 and gave the stock an “underperform” rating in a research report on Thursday, October 17th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $247.90.

Insider Buying and Selling at Travelers Companies

In other news, Vice Chairman William H. Heyman sold 2,014 shares of Travelers Companies stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total transaction of $523,640.00. Following the completion of the sale, the insider now directly owns 250,384 shares of the company’s stock, valued at approximately $65,099,840. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Vice Chairman William H. Heyman sold 2,014 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total transaction of $523,640.00. Following the completion of the sale, the insider now owns 250,384 shares in the company, valued at approximately $65,099,840. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andy F. Bessette sold 4,520 shares of Travelers Companies stock in a transaction on Monday, October 28th. The stock was sold at an average price of $253.46, for a total transaction of $1,145,639.20. Following the sale, the executive vice president now owns 16,976 shares in the company, valued at $4,302,736.96. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 63,999 shares of company stock valued at $16,580,166. Insiders own 1.33% of the company’s stock.

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.