Sawyer & Company Inc Has $4.58 Million Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Sawyer & Company Inc reduced its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 11.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,029 shares of the insurance provider's stock after selling 2,371 shares during the quarter. Travelers Companies accounts for 1.7% of Sawyer & Company Inc's portfolio, making the stock its 18th largest position. Sawyer & Company Inc's holdings in Travelers Companies were worth $4,584,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp increased its stake in Travelers Companies by 0.8% during the 3rd quarter. State Street Corp now owns 15,566,941 shares of the insurance provider's stock valued at $3,644,532,000 after buying an additional 120,228 shares during the period. FMR LLC increased its stake in shares of Travelers Companies by 12.6% during the third quarter. FMR LLC now owns 14,048,691 shares of the insurance provider's stock valued at $3,289,079,000 after acquiring an additional 1,568,909 shares during the period. Geode Capital Management LLC raised its holdings in Travelers Companies by 2.3% during the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider's stock worth $1,187,865,000 after purchasing an additional 114,714 shares in the last quarter. Legal & General Group Plc lifted its position 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 during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Travelers Companies by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,496,652 shares of the insurance provider's stock valued at $350,396,000 after purchasing an additional 10,285 shares in the last quarter. Institutional investors own 82.45% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TRV shares. Jefferies Financial Group upped their price objective on Travelers Companies from $210.00 to $235.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods cut their price target on shares of Travelers Companies from $273.00 to $268.00 and set a "market perform" rating for the company in a report on Friday, January 10th. Barclays lowered their price objective on shares of Travelers Companies from $295.00 to $278.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Roth Mkm raised their target price on shares of Travelers Companies from $240.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, October 21st. Finally, StockNews.com upgraded shares of Travelers Companies from a "hold" rating to a "buy" rating in a research report on Thursday, January 9th. Four 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 company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $254.65.

Travelers Companies Stock Up 1.1 %

Shares of Travelers Companies stock traded up $2.56 on Thursday, hitting $242.54. 970,709 shares of the company traded hands, compared to its average volume of 1,361,091. The Travelers Companies, Inc. has a 12-month low of $195.57 and a 12-month 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 company has a market cap of $55.06 billion, a PE ratio of 12.44, a PEG ratio of 1.01 and a beta of 0.65. The company has a 50-day moving average price of $250.11 and a 200 day moving average price of $235.43.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its earnings results on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, beating analysts' consensus estimates of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The firm had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $11.46 billion. During the same quarter in the previous year, the company posted $1.95 earnings per share. The business's quarterly revenue was up 11.9% compared to the same quarter last year. Sell-side analysts predict that The Travelers Companies, Inc. will post 18.94 earnings per share for the current year.

Insider Activity

In other Travelers Companies news, EVP Andy F. Bessette sold 4,520 shares of the stock in a transaction 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 transaction, the executive vice president now directly owns 16,976 shares of the company's stock, valued at $4,302,736.96. This represents a 21.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Alan D. Schnitzer sold 40,524 shares of the business's stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $260.12, for a total value of $10,541,102.88. Following the completion of the sale, the chief executive officer now directly owns 221,924 shares of the company's stock, valued at $57,726,870.88. This represents a 15.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 78,149 shares of company stock worth $20,295,856 in the last three months. 1.33% of the stock is owned by insiders.

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.