Versor Investments LP Has $704,000 Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Versor Investments LP decreased its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 49.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,006 shares of the insurance provider's stock after selling 2,898 shares during the quarter. Versor Investments LP's holdings in Travelers Companies were worth $704,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd bought a new position in Travelers Companies in the 2nd quarter worth approximately $25,000. Pathway Financial Advisers LLC acquired a new stake in shares of Travelers Companies in the first quarter valued at about $35,000. Beacon Capital Management LLC lifted its stake in Travelers Companies by 74.2% in the first quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider's stock valued at $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% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider's stock worth $37,000 after buying an additional 45 shares during the last quarter. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Travelers Companies in the third quarter valued at $50,000. 82.45% of the stock is owned by institutional investors.

Insider Activity

In other news, Vice Chairman William H. Heyman sold 2,014 shares of the firm's stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total value of $523,640.00. Following the transaction, 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 legal filing with the SEC, which is available at this link. Also, EVP Andy F. Bessette sold 4,520 shares of the company's 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 completion of the transaction, the executive vice president now owns 16,976 shares of the company's stock, valued at $4,302,736.96. This trade represents a 21.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 63,999 shares of company stock valued at $16,580,166. Insiders own 1.33% of the company's stock.

Travelers Companies Stock Performance

NYSE:TRV traded down $0.15 during midday trading on Thursday, hitting $256.52. The company's stock had a trading volume of 1,031,098 shares, compared to its average volume of 1,304,450. 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's 50 day moving average is $243.42 and its 200-day moving average is $223.76. The Travelers Companies, Inc. has a fifty-two week low of $167.08 and a fifty-two week high of $269.55. The firm has a market cap of $58.23 billion, a P/E ratio of 13.15, a P/E/G ratio of 1.24 and a beta of 0.62.

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

Travelers Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be paid a $1.05 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.64%. Travelers Companies's dividend payout ratio is currently 21.54%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Roth Mkm increased their target price on Travelers Companies from $240.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, October 21st. Jefferies Financial Group upped their price target on shares of Travelers Companies from $210.00 to $235.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. StockNews.com raised shares of Travelers Companies from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Bank of America lifted their price objective on Travelers Companies from $241.00 to $265.00 and gave the stock an "underperform" rating in a research report on Thursday, October 17th. Finally, Barclays upped their price objective on shares of Travelers Companies from $286.00 to $295.00 and gave the company an "overweight" rating in a report on Wednesday, October 23rd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $247.90.

About Travelers Companies

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.