The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC cut its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,156 shares of the insurance provider’s stock after selling 238 shares during the period. OneDigital Investment Advisors LLC’s holdings in Travelers Companies were worth $1,909,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Y.D. More Investments Ltd purchased a new stake in shares of Travelers Companies during the 2nd quarter valued at approximately $25,000. Pathway Financial Advisers LLC purchased a new stake in Travelers Companies in the first quarter valued at $35,000. Beacon Capital Management LLC lifted its stake in shares of Travelers Companies by 74.2% in the 1st quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 66 shares during the last quarter. Wolff Wiese Magana LLC grew its holdings in shares of Travelers Companies by 39.1% during the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 45 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new stake in Travelers Companies in the 3rd quarter valued at about $50,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TRV shares. The Goldman Sachs Group lifted their price target on shares of Travelers Companies from $216.00 to $245.00 and gave the company a “sell” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft boosted their target price on Travelers Companies from $221.00 to $234.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. BMO Capital Markets raised their price target on Travelers Companies from $233.00 to $270.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Finally, UBS Group raised their target price on Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $247.90.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $260.82 on Monday. The stock’s 50-day simple moving average is $244.44 and its 200-day simple moving average is $224.48. The firm has a market capitalization of $59.21 billion, a PE ratio of 13.38, a price-to-earnings-growth ratio of 1.25 and a beta of 0.62. The Travelers Companies, Inc. has a fifty-two week low of $169.18 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.

Travelers Companies (NYSE:TRV) last released 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. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The company had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.46 billion. During the same quarter last year, the company earned $1.95 earnings per share. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. As a group, equities research analysts forecast that The Travelers Companies, Inc. will post 18.64 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders 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 annualized dividend and a yield of 1.61%. Travelers Companies’s dividend payout ratio is presently 21.54%.

Insider Buying and Selling

In other news, Vice Chairman William H. Heyman sold 2,014 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was 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 $65,099,840. This represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Andy F. Bessette sold 4,520 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $253.46, for a total value of $1,145,639.20. Following the sale, the executive vice president now directly owns 16,976 shares of the company’s stock, valued at approximately $4,302,736.96. This represents a 21.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 63,999 shares of company stock worth $16,580,166 in the last quarter. 1.33% of the stock is owned by insiders.

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.