AA Financial Advisors LLC Increases Stake in The Travelers Companies, Inc. (NYSE:TRV)

AA Financial Advisors LLC grew its stake in The Travelers Companies, Inc. (NYSE:TRV) by 7.7% during the 4th quarter, HoldingsChannel reports. The firm owned 4,571 shares of the insurance provider’s stock after buying an additional 327 shares during the quarter. AA Financial Advisors LLC’s holdings in Travelers Companies were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EP Wealth Advisors LLC increased its holdings in Travelers Companies by 10.2% in the second quarter. EP Wealth Advisors LLC now owns 2,817 shares of the insurance provider’s stock valued at $573,000 after buying an additional 261 shares in the last quarter. Advisory Alpha LLC purchased a new position in shares of Travelers Companies in the 2nd quarter valued at about $218,000. Cetera Investment Advisers increased its stake in shares of Travelers Companies by 7.4% in the 2nd quarter. Cetera Investment Advisers now owns 48,921 shares of the insurance provider’s stock valued at $9,948,000 after purchasing an additional 3,380 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in Travelers Companies in the 2nd quarter worth about $67,000. Finally, Sanctuary Advisors LLC purchased a new position in Travelers Companies during the second quarter worth approximately $9,798,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Wall Street Analyst Weigh In

TRV has been the subject of several research analyst reports. BMO Capital Markets upped their target price on Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. The Goldman Sachs Group upgraded shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target for the company in a research report on Wednesday, January 8th. Wells Fargo & Company lifted their price objective on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a report on Thursday, January 23rd. Keefe, Bruyette & Woods increased their target price on Travelers Companies from $268.00 to $275.00 and gave the company a “market perform” rating in a report on Monday. Finally, UBS Group lifted their price target on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $260.47.

Travelers Companies Stock Performance

NYSE TRV opened at $249.02 on Friday. The stock has a market cap of $56.53 billion, a PE ratio of 11.60, a P/E/G ratio of 1.09 and a beta of 0.65. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.55. The stock has a fifty day simple moving average of $247.33 and a 200-day simple moving average of $238.15. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, topping the consensus estimate of $6.50 by $2.65. The company had revenue of $12.01 billion during the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. Travelers Companies’s revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the firm posted $7.01 earnings per share. Equities analysts anticipate that The Travelers Companies, Inc. will post 20.6 earnings per share for the current year.

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Monday, March 10th. Travelers Companies’s payout ratio is 19.56%.

Insiders Place Their Bets

In other Travelers Companies news, Vice Chairman William H. Heyman sold 3,740 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the sale, the insider now directly owns 250,384 shares in the company, valued at $66,301,683.20. This represents a 1.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maria Olivo sold 10,410 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the completion of the transaction, the executive vice president now directly owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. The trade was a 8.56 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is owned by insiders.

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.