UMB Bank n.a. Sells 3,085 Shares of The Travelers Companies, Inc. (NYSE:TRV)

UMB Bank n.a. lowered its stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,264 shares of the insurance provider's stock after selling 3,085 shares during the period. UMB Bank n.a.'s holdings in Travelers Companies were worth $27,043,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wooster Corthell Wealth Management Inc. bought a new position in Travelers Companies in the 4th quarter worth approximately $593,000. Thrive Wealth Management LLC bought a new stake in Travelers Companies during the fourth quarter valued at $205,000. Trueblood Wealth Management LLC increased its stake in Travelers Companies by 21.9% in the 4th quarter. Trueblood Wealth Management LLC now owns 2,203 shares of the insurance provider's stock worth $531,000 after acquiring an additional 396 shares during the last quarter. Diversify Wealth Management LLC bought a new position in shares of Travelers Companies in the fourth quarter worth approximately $212,000. Finally, City Holding Co. increased its holdings in shares of Travelers Companies by 36.1% in the 4th quarter. City Holding Co. now owns 641 shares of the insurance provider's stock worth $154,000 after buying an additional 170 shares during the last quarter. 82.45% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Hsbc Global Res raised Travelers Companies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th. StockNews.com raised shares of Travelers Companies from a "hold" rating to a "buy" rating in a research report on Thursday, January 9th. Keefe, Bruyette & Woods dropped their price objective on Travelers Companies from $273.00 to $268.00 and set a "market perform" rating for the company in a report on Friday, January 10th. HSBC raised shares of Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 target price for the company in a research report on Tuesday, December 10th. Finally, The Goldman Sachs Group raised Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price for the company in a research report on Wednesday, January 8th. 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $254.65.

Insider Buying and Selling

In other Travelers Companies news, Vice Chairman William H. Heyman sold 3,000 shares of Travelers Companies stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $260.55, for a total transaction of $781,650.00. Following the transaction, the insider now owns 250,384 shares of the company's stock, valued at $65,237,551.20. The trade was a 1.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael Frederick Klein sold 10,000 shares of the firm's stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $256.17, for a total transaction of $2,561,700.00. Following the sale, the executive vice president now owns 22,798 shares in the company, valued at $5,840,163.66. The trade was a 30.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,684 shares of company stock valued at $8,728,319. 1.33% of the stock is owned by insiders.

Travelers Companies Stock Performance

TRV traded down $2.72 during midday trading on Monday, hitting $239.65. 1,346,193 shares of the company traded hands, compared to its average volume of 993,809. 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's 50-day moving average is $249.57 and its 200 day moving average is $236.18. The Travelers Companies, Inc. has a 52 week low of $195.57 and a 52 week high of $269.55. The firm has a market capitalization of $54.41 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of 1.01 and a beta of 0.65.

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 the consensus estimate of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The company had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.46 billion. During the same quarter in the previous year, the company posted $1.95 earnings per share. Travelers Companies's revenue was up 11.9% compared to the same quarter last year. On average, research analysts expect that The Travelers Companies, Inc. will post 18.94 EPS for the current year.

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.