Travelers Companies Inc (NYSE:TRV) Director Philip T. Ruegger III purchased 1,600 shares of Travelers Companies stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of $136.44 per share, with a total value of $218,304.00. Following the transaction, the director now owns 28,277 shares of the company’s stock, valued at approximately $3,858,113.88. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Travelers Companies Inc (NYSE:TRV) traded up $1.06 during trading hours on Monday, reaching $138.14. 2,329,334 shares of the company’s stock were exchanged, compared to its average volume of 2,266,494. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.39 and a quick ratio of 0.41. The company has a market capitalization of $37,203.51, a price-to-earnings ratio of 18.90, a PEG ratio of 1.83 and a beta of 1.26. Travelers Companies Inc has a 12-month low of $113.76 and a 12-month high of $150.55.
Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Tuesday, January 23rd. The insurance provider reported $2.28 EPS for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.28). Travelers Companies had a net margin of 7.13% and a return on equity of 8.61%. The firm had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $6.47 billion. During the same quarter last year, the business posted $3.20 earnings per share. Travelers Companies’s revenue was up 3.6% compared to the same quarter last year. sell-side analysts expect that Travelers Companies Inc will post 10.59 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 9th will be given a $0.72 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.08%. Travelers Companies’s dividend payout ratio (DPR) is currently 39.40%.
Hedge funds have recently added to or reduced their stakes in the company. Stelac Advisory Services LLC bought a new position in shares of Travelers Companies in the fourth quarter valued at approximately $101,000. Field & Main Bank bought a new position in shares of Travelers Companies in the fourth quarter valued at approximately $102,000. Fieldpoint Private Securities LLC bought a new position in shares of Travelers Companies in the third quarter valued at approximately $106,000. Valeo Financial Advisors LLC bought a new position in shares of Travelers Companies in the third quarter valued at approximately $108,000. Finally, Security National Trust Co. boosted its position in shares of Travelers Companies by 260.9% in the third quarter. Security National Trust Co. now owns 1,043 shares of the insurance provider’s stock valued at $128,000 after acquiring an additional 754 shares during the period. Institutional investors own 78.59% of the company’s stock.
Several equities analysts recently weighed in on the stock. Atlantic Securities upgraded shares of Travelers Companies from an “underweight” rating to a “neutral” rating and set a $110.00 price target for the company in a research report on Friday, January 26th. Credit Suisse Group increased their target price on shares of Travelers Companies from $141.00 to $144.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. Wells Fargo & Co reiterated a “market perform” rating and set a $142.00 target price on shares of Travelers Companies in a research report on Tuesday, January 23rd. Bank of America upgraded shares of Travelers Companies from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 9th. Finally, Zacks Investment Research upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $148.00 target price for the company in a research report on Friday, January 5th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $135.07.
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.
Receive News & Ratings for Travelers Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelers Companies and related companies with MarketBeat.com's FREE daily email newsletter.