The Travelers Companies, Inc. (NYSE:TRV) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 9.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,039 shares of the insurance provider's stock after purchasing an additional 8,531 shares during the quarter. Natixis Advisors LLC's holdings in Travelers Companies were worth $22,953,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Y.D. More Investments Ltd purchased a new position in shares of Travelers Companies in the second quarter worth approximately $25,000. Pathway Financial Advisers LLC bought a new stake in shares of Travelers Companies in the first quarter worth about $35,000. Beacon Capital Management LLC increased 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 worth $36,000 after acquiring an additional 66 shares during the last quarter. Wolff Wiese Magana LLC increased its position in Travelers Companies by 39.1% in the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider's stock worth $37,000 after purchasing an additional 45 shares during the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Travelers Companies during the 3rd quarter valued at about $50,000. Institutional investors own 82.45% of the company's stock.

Analysts Set New Price Targets

TRV has been the subject of a number of analyst reports. Royal Bank of Canada raised their price target on Travelers Companies from $250.00 to $273.00 and gave the stock a "sector perform" rating in a research report on Friday, October 18th. Barclays increased their price objective on Travelers Companies from $286.00 to $295.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 23rd. UBS Group raised their target price on shares of Travelers Companies from $244.00 to $270.00 and gave the company a "neutral" rating in a research report on Tuesday, October 22nd. Jefferies Financial Group boosted their price target on Travelers Companies from $210.00 to $235.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Travelers Companies from $245.00 to $273.00 and gave the company a "market perform" rating in a research report on Tuesday, October 22nd. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $247.90.

Insider Transactions at Travelers Companies

In related news, EVP Andy F. Bessette sold 4,520 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $253.46, for a total transaction of $1,145,639.20. Following the completion of the transaction, the executive vice president now owns 16,976 shares of the company's stock, valued at approximately $4,302,736.96. This trade represents a 21.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Vice Chairman William H. Heyman sold 2,014 shares of the business's stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $260.00, for a total transaction of $523,640.00. Following the sale, the insider now owns 250,384 shares in the company, valued at $65,099,840. This trade represents a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 63,999 shares of company stock worth $16,580,166 in the last ninety days. Insiders own 1.33% of the company's stock.

Travelers Companies Price Performance

Shares of TRV stock traded down $2.91 during mid-day trading on Tuesday, hitting $259.78. 360,766 shares of the stock were exchanged, compared to its average volume of 1,299,339. The company has a market cap of $58.98 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 1.25 and a beta of 0.62. The Travelers Companies, Inc. has a 52-week low of $170.88 and a 52-week high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. The firm has a fifty day moving average of $244.87 and a 200 day moving average of $224.82.

Travelers Companies (NYSE:TRV - Get Free Report) last posted its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The business had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $11.46 billion. During the same period last year, the firm posted $1.95 earnings per share. The company's revenue was up 11.9% compared to the same quarter last year. Research analysts anticipate that The Travelers Companies, Inc. will post 18.64 earnings per share for the current year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be given a dividend of $1.05 per share. The ex-dividend date is Tuesday, December 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.62%. Travelers Companies's payout ratio is presently 21.54%.

Travelers Companies Company 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.