The Travelers Companies, Inc. (NYSE:TRV) Receives Average Rating of "Hold" from Analysts

Shares of The Travelers Companies, Inc. (NYSE:TRV - Get Free Report) have earned a consensus rating of "Hold" from the twenty-four brokerages that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $251.70.

A number of equities research analysts recently commented on the stock. Janney Montgomery Scott lowered shares of 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. Keefe, Bruyette & Woods raised their price objective on shares of Travelers Companies from $245.00 to $273.00 and gave the stock a "market perform" rating in a report on Tuesday, October 22nd. UBS Group raised their price objective on shares of Travelers Companies from $244.00 to $270.00 and gave the stock a "neutral" rating in a report on Tuesday, October 22nd. Hsbc Global Res upgraded shares of Travelers Companies from a "hold" rating to a "strong-buy" rating in a report on Tuesday. Finally, BMO Capital Markets raised their price objective on shares of Travelers Companies from $233.00 to $270.00 and gave the stock an "outperform" rating in a report on Tuesday, October 22nd.

Insider Buying and Selling

In related news, CEO Alan D. Schnitzer sold 40,524 shares of Travelers Companies stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $260.12, for a total transaction of $10,541,102.88. Following the completion of the sale, the chief executive officer now owns 221,924 shares of the company's stock, valued at approximately $57,726,870.88. The trade was a 15.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Diane Kurtzman sold 3,941 shares of the business's stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $260.45, for a total transaction of $1,026,433.45. Following the completion of the sale, the executive vice president now directly owns 1,715 shares of the company's stock, valued at $446,671.75. This represents a 69.68 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 78,149 shares of company stock valued at $20,295,856. Company insiders own 1.33% of the company's stock.

Institutional Investors Weigh In On Travelers Companies

A number of large investors have recently added to or reduced their stakes in the stock. Great Valley Advisor Group Inc. increased its stake in Travelers Companies by 36.2% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 2,943 shares of the insurance provider's stock worth $598,000 after acquiring an additional 782 shares during the period. ORG Partners LLC increased its stake in Travelers Companies by 199.1% during the 2nd quarter. ORG Partners LLC now owns 1,026 shares of the insurance provider's stock worth $208,000 after acquiring an additional 683 shares during the period. GPS Wealth Strategies Group LLC increased its stake in Travelers Companies by 11.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 613 shares of the insurance provider's stock worth $125,000 after acquiring an additional 65 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in Travelers Companies by 1.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 20,443 shares of the insurance provider's stock worth $4,157,000 after acquiring an additional 361 shares during the period. Finally, Baader Bank Aktiengesellschaft bought a new position in Travelers Companies during the 2nd quarter worth $210,000. Institutional investors and hedge funds own 82.45% of the company's stock.

Travelers Companies Trading Down 0.5 %

TRV traded down $1.28 during mid-day trading on Thursday, hitting $243.86. The stock had a trading volume of 1,968,638 shares, compared to its average volume of 1,312,746. The stock's fifty day simple moving average is $252.61 and its 200-day simple moving average is $229.94. 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 capitalization of $55.36 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 1.19 and a beta of 0.63. Travelers Companies has a 1-year low of $181.03 and a 1-year high of $269.55.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, topping analysts' consensus estimates 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 analyst estimates of $11.46 billion. During the same period last year, the business posted $1.95 earnings per share. The firm's quarterly revenue was up 11.9% on a year-over-year basis. As a group, research analysts forecast that Travelers Companies will post 18.83 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Tuesday, December 10th. Travelers Companies's payout ratio is 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.