Robertson Stephens Wealth Management LLC Buys 127 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Robertson Stephens Wealth Management LLC raised its stake in The Travelers Companies, Inc. (NYSE:TRV) by 7.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,727 shares of the insurance provider’s stock after acquiring an additional 127 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Travelers Companies were worth $416,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TRV. Dynamic Advisor Solutions LLC lifted its position in Travelers Companies by 3.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 5,657 shares of the insurance provider’s stock valued at $1,324,000 after purchasing an additional 180 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in shares of Travelers Companies by 25.4% during the third quarter. Atomi Financial Group Inc. now owns 2,442 shares of the insurance provider’s stock valued at $572,000 after acquiring an additional 495 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Travelers Companies by 8.9% during the third quarter. Brookstone Capital Management now owns 1,438 shares of the insurance provider’s stock valued at $337,000 after acquiring an additional 117 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of Travelers Companies by 15.1% during the third quarter. Wedmont Private Capital now owns 2,425 shares of the insurance provider’s stock valued at $548,000 after acquiring an additional 319 shares in the last quarter. Finally, Sanibel Captiva Trust Company Inc. raised its holdings in shares of Travelers Companies by 14.4% during the third quarter. Sanibel Captiva Trust Company Inc. now owns 2,149 shares of the insurance provider’s stock valued at $503,000 after acquiring an additional 271 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Insider Activity at Travelers Companies

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

Travelers Companies Trading Down 1.0 %

NYSE TRV opened at $245.13 on Friday. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55. The stock has a market cap of $55.65 billion, a P/E ratio of 11.42, a P/E/G ratio of 1.07 and a beta of 0.64. The stock’s fifty day moving average price is $245.24 and its 200-day moving average price is $239.28. 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 released its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating the consensus estimate of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion for the quarter, compared to analysts’ expectations of $10.80 billion. During the same period last year, the firm posted $7.01 earnings per share. Travelers Companies’s revenue was up 9.9% compared to the same quarter last year. As a group, equities analysts forecast that The Travelers Companies, Inc. will post 20.6 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a dividend of $1.05 per share. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.71%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TRV. UBS Group upped 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. Keefe, Bruyette & Woods upped 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, January 27th. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Janney Montgomery Scott cut Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price target on the stock. in a research note on Thursday, November 21st. Finally, Wells Fargo & Company upped their price target on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a research note on Thursday, January 23rd. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $260.47.

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.