The Travelers Companies, Inc. (NYSE:TRV)‘s stock had its “buy” rating restated by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Monday. They currently have a $135.00 target price on the insurance provider’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 5.56% from the stock’s current price.

Other analysts have also issued reports about the stock. Vetr upgraded shares of The Travelers Companies from a “hold” rating to a “buy” rating and set a $132.68 price target for the company in a research report on Monday, July 3rd. Citigroup Inc. restated a “buy” rating and set a $148.00 price target (down from $150.00) on shares of The Travelers Companies in a research report on Monday, July 24th. Argus upgraded shares of The Travelers Companies from a “hold” rating to a “buy” rating and set a $132.00 price target for the company in a research report on Monday, April 24th. BidaskClub upgraded shares of The Travelers Companies from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Finally, Barclays PLC upped their price target on shares of The Travelers Companies from $119.00 to $122.00 and gave the company an “equal weight” rating in a research report on Friday, August 11th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $124.65.

Shares of The Travelers Companies (NYSE:TRV) traded down 0.29% during mid-day trading on Monday, reaching $127.52. The company had a trading volume of 690,431 shares. The firm’s 50 day moving average is $127.31 and its 200-day moving average is $123.52. The Travelers Companies has a 12-month low of $103.45 and a 12-month high of $130.37. The stock has a market capitalization of $35.19 billion, a P/E ratio of 12.70 and a beta of 1.20.

The Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Thursday, July 20th. The insurance provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.07 by $0.15. The Travelers Companies had a net margin of 10.15% and a return on equity of 11.68%. The business had revenue of $6.35 billion for the quarter, compared to analysts’ expectations of $6.31 billion. During the same quarter in the previous year, the company earned $2.20 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts expect that The Travelers Companies will post $8.90 earnings per share for the current fiscal year.

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In related news, Vice Chairman William H. Heyman sold 24,000 shares of the stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $126.64, for a total value of $3,039,360.00. Following the completion of the transaction, the insider now directly owns 253,744 shares of the company’s stock, valued at $32,134,140.16. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Kenneth Franklin Spence III sold 4,800 shares of the stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $128.73, for a total transaction of $617,904.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 194,303 shares of company stock valued at $24,702,936. 0.82% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in TRV. Sigma Planning Corp increased its position in The Travelers Companies by 2.1% in the first quarter. Sigma Planning Corp now owns 7,242 shares of the insurance provider’s stock worth $873,000 after buying an additional 150 shares during the last quarter. First Manhattan Co. increased its position in The Travelers Companies by 3.9% in the first quarter. First Manhattan Co. now owns 190,036 shares of the insurance provider’s stock worth $21,768,000 after buying an additional 7,216 shares during the last quarter. Crestwood Advisors Group LLC increased its position in The Travelers Companies by 5.7% in the first quarter. Crestwood Advisors Group LLC now owns 124,836 shares of the insurance provider’s stock worth $15,048,000 after buying an additional 6,774 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its position in The Travelers Companies by 0.9% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 7,576 shares of the insurance provider’s stock worth $854,000 after buying an additional 67 shares during the last quarter. Finally, Culbertson A N & Co. Inc. increased its position in The Travelers Companies by 0.4% in the first quarter. Culbertson A N & Co. Inc. now owns 23,888 shares of the insurance provider’s stock worth $2,879,000 after buying an additional 100 shares during the last quarter. 78.24% of the stock is owned by institutional investors.

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.

Analyst Recommendations for The Travelers Companies (NYSE:TRV)

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