The Travelers Companies, Inc. (NYSE:TRV) Vice Chairman Jay S. Benet sold 5,518 shares of the firm’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $126.57, for a total value of $698,413.26. Following the completion of the sale, the insider now directly owns 82,824 shares of the company’s stock, valued at approximately $10,483,033.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

The Travelers Companies, Inc. (TRV) traded down 0.57% during mid-day trading on Tuesday, hitting $125.05. The stock had a trading volume of 937,283 shares. The Travelers Companies, Inc. has a 12-month low of $103.45 and a 12-month high of $129.60. The stock has a 50-day moving average price of $124.75 and a 200 day moving average price of $121.62. The firm has a market cap of $34.94 billion, a P/E ratio of 12.30 and a beta of 1.20.

The Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Thursday, April 20th. The insurance provider reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.40 by $0.24. The Travelers Companies had a net margin of 10.55% and a return on equity of 12.01%. The firm had revenue of $6.18 billion during the quarter, compared to analysts’ expectations of $6.25 billion. During the same period in the previous year, the business earned $2.33 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Equities analysts anticipate that The Travelers Companies, Inc. will post $9.19 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 9th were paid a $0.72 dividend. This is an increase from The Travelers Companies’s previous quarterly dividend of $0.67. This represents a $2.88 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend was Wednesday, June 7th. The Travelers Companies’s dividend payout ratio (DPR) is presently 28.40%.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. increased its position in The Travelers Companies by 361.1% in the first quarter. Westside Investment Management Inc. now owns 876 shares of the insurance provider’s stock valued at $106,000 after buying an additional 686 shares during the last quarter. First Personal Financial Services increased its position in The Travelers Companies by 133.3% in the first quarter. First Personal Financial Services now owns 889 shares of the insurance provider’s stock valued at $107,000 after buying an additional 508 shares during the last quarter. Bartlett & Co. LLC increased its position in The Travelers Companies by 30.0% in the first quarter. Bartlett & Co. LLC now owns 1,399 shares of the insurance provider’s stock valued at $169,000 after buying an additional 323 shares during the last quarter. Balentine LLC increased its position in The Travelers Companies by 2.0% in the first quarter. Balentine LLC now owns 1,404 shares of the insurance provider’s stock valued at $169,000 after buying an additional 27 shares during the last quarter. Finally, Community Bank N.A. increased its position in The Travelers Companies by 39.0% in the first quarter. Community Bank N.A. now owns 1,425 shares of the insurance provider’s stock valued at $172,000 after buying an additional 400 shares during the last quarter. 78.06% of the stock is owned by hedge funds and other institutional investors.

TRV has been the subject of several research analyst reports. Argus upgraded The Travelers Companies from a “hold” rating to a “buy” rating and set a $132.00 price objective for the company in a research note on Monday, April 24th. Citigroup Inc. raised their price objective on The Travelers Companies from $140.00 to $142.00 and gave the stock a “buy” rating in a research note on Friday, April 7th. Royal Bank Of Canada restated a “buy” rating and issued a $126.00 price objective on shares of The Travelers Companies in a research note on Monday, May 22nd. Morgan Stanley restated an “underweight” rating and issued a $119.00 price objective (up from $112.00) on shares of The Travelers Companies in a research note on Friday. Finally, Keefe, Bruyette & Woods restated a “hold” rating on shares of The Travelers Companies in a research note on Tuesday, June 20th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company’s stock. The Travelers Companies currently has a consensus rating of “Hold” and an average target price of $122.86.

The Travelers Companies Company Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

Insider Buying and Selling by Quarter for The Travelers Companies (NYSE:TRV)

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