The Travelers Companies, Inc. $TRV Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in The Travelers Companies, Inc. (NYSE:TRV) by 87.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,327 shares of the insurance provider’s stock after purchasing an additional 11,781 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Travelers Companies were worth $7,072,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of TRV. Osterweis Capital Management Inc. increased its holdings in Travelers Companies by 1,820.0% in the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock valued at $26,000 after buying an additional 91 shares during the last quarter. Missouri Trust & Investment Co grew its position in shares of Travelers Companies by 122.2% in the 2nd quarter. Missouri Trust & Investment Co now owns 100 shares of the insurance provider’s stock worth $27,000 after acquiring an additional 55 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of Travelers Companies in the 2nd quarter worth approximately $27,000. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of Travelers Companies by 134.1% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 96 shares of the insurance provider’s stock valued at $27,000 after acquiring an additional 55 shares during the last quarter. Finally, Quaker Wealth Management LLC raised its position in shares of Travelers Companies by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 104 shares of the insurance provider’s stock valued at $28,000 after acquiring an additional 208 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Insider Activity

In related news, EVP Maria Olivo sold 8,920 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $295.73, for a total value of $2,637,911.60. Following the sale, the executive vice president directly owned 117,596 shares in the company, valued at $34,776,665.08. This trade represents a 7.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Daniel S. Frey sold 25,000 shares of Travelers Companies stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $278.25, for a total value of $6,956,250.00. Following the sale, the chief financial officer directly owned 26,932 shares in the company, valued at $7,493,829. The trade was a 48.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 46,295 shares of company stock worth $13,011,918 over the last ninety days. 1.46% of the stock is owned by company insiders.

Travelers Companies Stock Down 0.9%

TRV stock opened at $269.03 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a fifty-two week low of $230.43 and a fifty-two week high of $296.85. The firm’s 50-day simple moving average is $286.15 and its 200 day simple moving average is $275.47. The stock has a market cap of $60.01 billion, a PE ratio of 10.58, a price-to-earnings-growth ratio of 2.57 and a beta of 0.52.

Wall Street Analyst Weigh In

A number of research firms have commented on TRV. Wall Street Zen downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Morgan Stanley raised their price target on shares of Travelers Companies from $285.00 to $295.00 and gave the stock an “equal weight” rating in a research report on Monday, November 17th. Weiss Ratings raised shares of Travelers Companies from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, January 12th. Keefe, Bruyette & Woods increased their price objective on shares of Travelers Companies from $305.00 to $317.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Finally, Barclays cut their target price on shares of Travelers Companies from $315.00 to $312.00 and set an “equal weight” rating on the stock in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Travelers Companies currently has an average rating of “Hold” and a consensus target price of $299.69.

About Travelers Companies

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.