Daymark Wealth Partners LLC Has $25.83 Million Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Daymark Wealth Partners LLC boosted its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 0.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,242 shares of the insurance provider’s stock after purchasing an additional 108 shares during the period. Travelers Companies comprises about 0.9% of Daymark Wealth Partners LLC’s investment portfolio, making the stock its 26th biggest position. Daymark Wealth Partners LLC’s holdings in Travelers Companies were worth $25,834,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of Travelers Companies by 0.8% in the third quarter. State Street Corp now owns 15,566,941 shares of the insurance provider’s stock valued at $3,644,532,000 after acquiring an additional 120,228 shares during the last quarter. FMR LLC increased its holdings in Travelers Companies by 12.6% during the 3rd quarter. FMR LLC now owns 14,048,691 shares of the insurance provider’s stock valued at $3,289,079,000 after purchasing an additional 1,568,909 shares in the last quarter. Geode Capital Management LLC raised its position in Travelers Companies by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider’s stock valued at $1,187,865,000 after purchasing an additional 114,714 shares during the last quarter. Legal & General Group Plc boosted its stake in Travelers Companies by 1.6% in the second quarter. Legal & General Group Plc now owns 2,334,882 shares of the insurance provider’s stock worth $474,774,000 after purchasing an additional 37,029 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Travelers Companies by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,496,652 shares of the insurance provider’s stock worth $350,396,000 after purchasing an additional 10,285 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Vice Chairman William H. Heyman sold 2,014 shares of Travelers Companies stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $260.00, for a total value of $523,640.00. Following the sale, the insider now owns 250,384 shares of the company’s stock, valued at approximately $65,099,840. This trade represents a 0.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the sale, the executive vice president now owns 111,162 shares in the company, valued at $29,102,211.60. The trade was a 8.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,684 shares of company stock worth $5,384,969 over the last ninety days. Company insiders own 1.33% of the company’s stock.

Travelers Companies Trading Down 0.3 %

NYSE TRV opened at $238.87 on Wednesday. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.55. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.34 and a quick ratio of 0.34. The firm has a market cap of $54.23 billion, a P/E ratio of 12.25, a P/E/G ratio of 1.05 and a beta of 0.65. The stock’s 50-day moving average is $248.81 and its 200-day moving average is $236.70.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping the consensus estimate of $6.50 by $2.65. The firm had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10,795,375 billion. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The business’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period last year, the company posted $7.01 EPS. Sell-side analysts anticipate that The Travelers Companies, Inc. will post 19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TRV has been the subject of a number of research analyst reports. Royal Bank of Canada lifted their price target on Travelers Companies from $250.00 to $273.00 and gave the company a “sector perform” rating in a report on Friday, October 18th. Barclays reduced their target price on shares of Travelers Companies from $295.00 to $278.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Roth Mkm raised their price target on shares of Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a report on Monday, October 21st. Janney Montgomery Scott downgraded Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective on the stock. in a report on Thursday, November 21st. Finally, Hsbc Global Res upgraded Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $254.65.

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.