1,577 Shares in Travelers Companies Inc (TRV) Purchased by Randolph Co Inc

Randolph Co Inc purchased a new stake in shares of Travelers Companies Inc (NYSE:TRV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,577 shares of the insurance provider’s stock, valued at approximately $214,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Thrivent Financial For Lutherans increased its stake in shares of Travelers Companies by 3.8% in the 2nd quarter. Thrivent Financial For Lutherans now owns 10,792 shares of the insurance provider’s stock valued at $1,366,000 after buying an additional 394 shares during the period. GSA Capital Partners LLP increased its stake in shares of Travelers Companies by 7.3% in the 2nd quarter. GSA Capital Partners LLP now owns 3,351 shares of the insurance provider’s stock valued at $424,000 after buying an additional 229 shares during the period. Woodley Farra Manion Portfolio Management Inc. increased its stake in shares of Travelers Companies by 1.4% in the 2nd quarter. Woodley Farra Manion Portfolio Management Inc. now owns 232,178 shares of the insurance provider’s stock valued at $29,378,000 after buying an additional 3,261 shares during the period. Willis Investment Counsel increased its stake in shares of Travelers Companies by 0.4% in the 2nd quarter. Willis Investment Counsel now owns 75,800 shares of the insurance provider’s stock valued at $9,591,000 after buying an additional 300 shares during the period. Finally, Horizon Investments LLC increased its stake in shares of Travelers Companies by 92.3% in the 2nd quarter. Horizon Investments LLC now owns 10,874 shares of the insurance provider’s stock valued at $1,311,000 after buying an additional 5,218 shares during the period. 78.59% of the stock is owned by hedge funds and other institutional investors.

In other Travelers Companies news, COO Brian W. Maclean sold 88,607 shares of Travelers Companies stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $149.29, for a total value of $13,228,139.03. Following the sale, the chief operating officer now owns 211,293 shares of the company’s stock, valued at approximately $31,543,931.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas M. Kunkel sold 9,595 shares of Travelers Companies stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $150.09, for a total value of $1,440,113.55. Following the completion of the sale, the executive vice president now directly owns 28,956 shares in the company, valued at approximately $4,346,006.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 181,599 shares of company stock worth $26,221,541. Corporate insiders own 0.82% of the company’s stock.

Several equities research analysts have recently commented on the company. Wells Fargo & Co set a $125.00 target price on Travelers Companies and gave the company a “hold” rating in a research note on Tuesday, November 14th. UBS Group lifted their target price on Travelers Companies from $131.00 to $139.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Argus raised their price target on Travelers Companies from $139.00 to $145.00 and gave the stock a “positive” rating in a research report on Monday, October 23rd. They noted that the move was a valuation call. ValuEngine lowered Travelers Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Royal Bank of Canada restated a “buy” rating and issued a $148.00 price target on shares of Travelers Companies in a research report on Friday, December 8th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $136.07.

Travelers Companies Inc (NYSE:TRV) opened at $140.60 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.41 and a current ratio of 0.39. The firm has a market capitalization of $37,610.61, a PE ratio of 19.06, a price-to-earnings-growth ratio of 1.85 and a beta of 1.26. Travelers Companies Inc has a twelve month low of $113.76 and a twelve month high of $150.55.

Travelers Companies (NYSE:TRV) last posted its earnings results on Tuesday, January 23rd. The insurance provider reported $2.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.56 by ($0.28). The business had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $6.47 billion. Travelers Companies had a return on equity of 8.61% and a net margin of 7.13%. The business’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.20 earnings per share. equities analysts predict that Travelers Companies Inc will post 10.59 EPS for the current year.

Travelers Companies announced that its board has initiated a stock buyback plan on Thursday, November 9th that permits the company to repurchase outstanding shares. This repurchase authorization permits the insurance provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 9th will be issued a dividend of $0.72 per share. The ex-dividend date is Thursday, March 8th. This represents a $2.88 annualized dividend and a yield of 2.05%. Travelers Companies’s dividend payout ratio is presently 39.40%.

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Travelers Companies Company Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

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