The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC decreased its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 40.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,477 shares of the insurance provider’s stock after selling 3,782 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Travelers Companies were worth $1,114,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pathway Financial Advisers LLC purchased a new position in Travelers Companies during the first quarter worth approximately $35,000. Beacon Capital Management LLC grew its stake in Travelers Companies by 74.2% in the 1st quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 66 shares during the period. Northwest Financial Advisors purchased a new stake in Travelers Companies in the 4th quarter worth $32,000. Opal Wealth Advisors LLC acquired a new position in Travelers Companies during the first quarter worth $42,000. Finally, Tributary Capital Management LLC acquired a new position in Travelers Companies during the first quarter worth $45,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TRV. JMP Securities reissued a “market perform” rating on shares of Travelers Companies in a research note on Friday, April 19th. Piper Sandler reduced their target price on Travelers Companies from $213.00 to $207.00 and set a “neutral” rating for the company in a report on Monday, July 22nd. Morgan Stanley decreased their target price on Travelers Companies from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research report on Friday, July 19th. UBS Group dropped their price target on Travelers Companies from $237.00 to $230.00 and set a “neutral” rating for the company in a research report on Monday, April 22nd. Finally, William Blair reissued a “market perform” rating on shares of Travelers Companies in a research note on Friday, June 28th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $223.78.

Insider Activity at Travelers Companies

In other news, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $211.44, for a total value of $2,114,400.00. Following the completion of the transaction, the executive vice president now owns 22,798 shares of the company’s stock, valued at $4,820,409.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.33% of the stock is currently owned by company insiders.

Travelers Companies Trading Up 0.3 %

Travelers Companies stock traded up $0.59 during mid-day trading on Tuesday, hitting $210.32. The company’s stock had a trading volume of 246,352 shares, compared to its average volume of 1,365,816. The stock’s fifty day moving average is $209.50 and its two-hundred day moving average is $215.25. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $48.16 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.08 and a beta of 0.61. The Travelers Companies, Inc. has a 1 year low of $157.33 and a 1 year high of $232.75.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Friday, July 19th. The insurance provider reported $2.51 EPS for the quarter, missing the consensus estimate of $3.23 by ($0.72). The business had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.35 billion. Travelers Companies had a net margin of 8.37% and a return on equity of 15.90%. The business’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period last year, the company earned $0.06 EPS. On average, analysts anticipate that The Travelers Companies, Inc. will post 17.19 EPS for the current year.

Travelers Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Tuesday, September 10th. Travelers Companies’s dividend payout ratio (DPR) is 31.20%.

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.