Travelers Companies Inc (NYSE:TRV) – Analysts at B. Riley issued their Q4 2017 earnings per share (EPS) estimates for Travelers Companies in a note issued to investors on Monday. B. Riley analyst R. Binner expects that the insurance provider will post earnings per share of $2.62 for the quarter. B. Riley currently has a “Neutral” rating on the stock.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, October 19th. The insurance provider reported $0.91 EPS for the quarter, missing the Zacks’ consensus estimate of $2.10 by ($1.19). Travelers Companies had a net margin of 8.56% and a return on equity of 9.87%. The firm had revenue of $6.66 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the prior year, the company posted $2.40 earnings per share. The company’s revenue for the quarter was up 4.2% on a year-over-year basis.

A number of other equities research analysts also recently commented on the stock. Goldman Sachs Group started coverage on shares of Travelers Companies in a research report on Monday. They issued a “sell” rating and a $124.00 price objective on the stock. Wells Fargo & Company set a $125.00 target price on shares of Travelers Companies and gave the company a “hold” rating in a research report on Tuesday, November 14th. UBS increased their target price on shares of Travelers Companies from $131.00 to $139.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Zacks Investment Research raised shares of Travelers Companies from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, Argus increased their target price on shares of Travelers Companies from $139.00 to $145.00 and gave the company a “positive” rating in a research report on Monday, October 23rd. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $129.54.

Shares of Travelers Companies (TRV) opened at $135.32 on Wednesday. Travelers Companies has a 52-week low of $113.76 and a 52-week high of $137.95. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.41 and a quick ratio of 0.41. The company has a market cap of $37,321.17, a P/E ratio of 16.65, a price-to-earnings-growth ratio of 2.69 and a beta of 1.25.

Travelers Companies announced that its board has approved a stock buyback program on Monday, September 11th that permits the company to repurchase shares. This repurchase authorization permits the insurance provider to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 11th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Friday, December 8th. Travelers Companies’s payout ratio is currently 33.45%.

In other Travelers Companies news, EVP Michael Frederick Klein sold 20,077 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $130.68, for a total transaction of $2,623,662.36. Following the transaction, the executive vice president now directly owns 21,619 shares of the company’s stock, valued at approximately $2,825,170.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Andy F. Bessette sold 2,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $132.98, for a total transaction of $265,960.00. Following the transaction, the executive vice president now directly owns 8,000 shares in the company, valued at $1,063,840. The disclosure for this sale can be found here. Insiders have sold a total of 55,302 shares of company stock worth $7,347,753 over the last three months. 0.82% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new stake in shares of Travelers Companies in the 3rd quarter worth $337,000. Crestwood Advisors Group LLC lifted its stake in shares of Travelers Companies by 1.1% in the 3rd quarter. Crestwood Advisors Group LLC now owns 126,221 shares of the insurance provider’s stock worth $15,465,000 after acquiring an additional 1,362 shares during the period. Belpointe Asset Management LLC acquired a new stake in shares of Travelers Companies in the 3rd quarter worth $1,358,000. IFM Investors Pty Ltd acquired a new stake in shares of Travelers Companies in the 3rd quarter worth $957,000. Finally, Independent Advisor Alliance lifted its stake in shares of Travelers Companies by 17.9% in the 3rd quarter. Independent Advisor Alliance now owns 14,445 shares of the insurance provider’s stock worth $1,805,000 after acquiring an additional 2,194 shares during the period. Institutional investors own 78.52% of the company’s stock.

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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.

Earnings History and Estimates for Travelers Companies (NYSE:TRV)

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