David Donnay Rowland Sells 10,181 Shares of The Travelers Companies, Inc. (NYSE:TRV) Stock

The Travelers Companies, Inc. (NYSE:TRVGet Free Report) EVP David Donnay Rowland sold 10,181 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $214.00, for a total transaction of $2,178,734.00. Following the sale, the executive vice president now directly owns 7,865 shares in the company, valued at $1,683,110. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Travelers Companies Trading Down 0.0 %

TRV opened at $213.01 on Wednesday. The company’s 50 day moving average is $194.21 and its 200-day moving average is $176.32. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $215.71. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.32. The company has a market cap of $48.65 billion, a P/E ratio of 16.65, a PEG ratio of 1.06 and a beta of 0.58.

Travelers Companies (NYSE:TRVGet Free Report) last posted its quarterly earnings results on Friday, January 19th. The insurance provider reported $7.01 earnings per share for the quarter, beating analysts’ consensus estimates of $5.10 by $1.91. Travelers Companies had a net margin of 7.23% and a return on equity of 13.68%. The company had revenue of $10.93 billion for the quarter, compared to the consensus estimate of $10.18 billion. During the same period last year, the company posted $3.40 EPS. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Equities research analysts predict that The Travelers Companies, Inc. will post 17.52 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 8th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $4.00 dividend on an annualized basis and a yield of 1.88%. Travelers Companies’s dividend payout ratio (DPR) is presently 31.27%.

Analysts Set New Price Targets

Several analysts have issued reports on TRV shares. TD Cowen began coverage on shares of Travelers Companies in a research report on Wednesday, January 10th. They set an “outperform” rating and a $247.00 price target on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Travelers Companies from $194.00 to $215.00 and gave the company a “market perform” rating in a research report on Monday, January 22nd. Oppenheimer began coverage on shares of Travelers Companies in a research report on Thursday, November 16th. They issued a “market perform” rating on the stock. Royal Bank of Canada increased their price objective on shares of Travelers Companies from $185.00 to $210.00 and gave the company a “sector perform” rating in a research report on Monday, January 22nd. Finally, HSBC started coverage on shares of Travelers Companies in a research report on Thursday, December 28th. They issued a “hold” rating and a $203.00 price objective on the stock. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $201.38.

View Our Latest Stock Analysis on TRV

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Grimes & Company Inc. grew its stake in shares of Travelers Companies by 2.2% in the fourth quarter. Grimes & Company Inc. now owns 2,420 shares of the insurance provider’s stock valued at $461,000 after buying an additional 53 shares in the last quarter. Slow Capital Inc. boosted its position in Travelers Companies by 0.3% during the fourth quarter. Slow Capital Inc. now owns 18,115 shares of the insurance provider’s stock worth $3,451,000 after purchasing an additional 53 shares during the period. Sequoia Financial Advisors LLC boosted its position in Travelers Companies by 1.9% during the first quarter. Sequoia Financial Advisors LLC now owns 3,074 shares of the insurance provider’s stock worth $562,000 after purchasing an additional 58 shares during the period. Hexagon Capital Partners LLC boosted its position in shares of Travelers Companies by 25.5% in the fourth quarter. Hexagon Capital Partners LLC now owns 295 shares of the insurance provider’s stock valued at $56,000 after acquiring an additional 60 shares during the period. Finally, Schmidt P J Investment Management Inc. boosted its position in shares of Travelers Companies by 4.0% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 1,605 shares of the insurance provider’s stock valued at $339,000 after acquiring an additional 61 shares during the period. Institutional investors own 81.12% of the company’s stock.

Travelers Companies Company Profile

(Get Free Report)

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. It operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

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Insider Buying and Selling by Quarter for Travelers Companies (NYSE:TRV)

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