Great Valley Advisor Group Inc. Has $398,000 Stake in The Travelers Companies, Inc. (NYSE:TRV)

Great Valley Advisor Group Inc. lifted its position in The Travelers Companies, Inc. (NYSE:TRV) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,089 shares of the insurance provider’s stock after purchasing an additional 74 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Travelers Companies were worth $398,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. First Command Advisory Services Inc. acquired a new position in Travelers Companies during the third quarter worth $26,000. AM Squared Ltd grew its holdings in shares of Travelers Companies by 100.0% during the third quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 100 shares during the last quarter. Valued Wealth Advisors LLC bought a new stake in Travelers Companies during the 4th quarter worth about $40,000. OLD Second National Bank of Aurora bought a new stake in Travelers Companies during the 4th quarter worth about $41,000. Finally, Operose Advisors LLC bought a new stake in Travelers Companies during the 3rd quarter worth about $43,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Trading Down 0.2 %

NYSE:TRV opened at $213.85 on Monday. The Travelers Companies, Inc. has a twelve month low of $157.33 and a twelve month high of $232.75. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $220.82 and a two-hundred day moving average price of $200.58. The company has a market cap of $48.97 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 1.11 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.62 billion. During the same quarter in the prior year, the company earned $4.11 EPS. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. As a group, analysts expect that The Travelers Companies, Inc. will post 17.71 EPS for the current fiscal year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 10th will be paid a dividend of $1.05 per share. The ex-dividend date is Friday, June 7th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.96%. This is a boost from Travelers Companies’s previous quarterly dividend of $1.00. Travelers Companies’s dividend payout ratio is currently 29.72%.

Insider Transactions at Travelers Companies

In other news, EVP Jeffrey P. Klenk sold 3,635 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total transaction of $776,726.80. Following the sale, the executive vice president now owns 6,075 shares in the company, valued at approximately $1,298,106. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, EVP Jeffrey P. Klenk sold 3,635 shares of the stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total value of $776,726.80. Following the sale, the executive vice president now owns 6,075 shares in the company, valued at approximately $1,298,106. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total value of $2,139,600.00. Following the completion of the sale, the executive vice president now owns 22,798 shares in the company, valued at approximately $4,877,860.08. The disclosure for this sale can be found here. Insiders have sold a total of 56,635 shares of company stock worth $12,057,727 in the last 90 days. Corporate insiders own 1.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TRV shares. The Goldman Sachs Group boosted their price objective on Travelers Companies from $186.00 to $212.00 and gave the stock a “sell” rating in a report on Friday, April 12th. JMP Securities reissued a “market perform” rating on shares of Travelers Companies in a report on Friday, April 19th. StockNews.com raised Travelers Companies from a “hold” rating to a “buy” rating in a report on Sunday. Evercore ISI decreased their target price on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, April 18th. Finally, Raymond James boosted their target price on Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a research report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $223.47.

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.