Travelers Companies (NYSE:TRV) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Monday.

A number of other research firms have also recently commented on TRV. Zacks Investment Research cut Travelers Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, March 13th. Barclays reissued a “hold” rating and issued a $140.00 target price (up previously from $135.00) on shares of Travelers Companies in a research note on Sunday, February 18th. Citigroup increased their target price on Travelers Companies from $156.00 to $159.00 and gave the company a “buy” rating in a research note on Tuesday, March 27th. Wells Fargo & Co set a $142.00 target price on Travelers Companies and gave the company a “hold” rating in a research note on Monday, April 2nd. Finally, MKM Partners reduced their target price on Travelers Companies to $140.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 25th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $139.38.

Shares of Travelers Companies stock traded down $1.78 during trading on Monday, hitting $127.59. The stock had a trading volume of 1,587,605 shares, compared to its average volume of 1,710,724. The stock has a market cap of $34.96 billion, a P/E ratio of 17.53, a PEG ratio of 0.97 and a beta of 1.26. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.39 and a current ratio of 0.39. Travelers Companies has a 12 month low of $113.76 and a 12 month high of $150.55.

Travelers Companies (NYSE:TRV) last released its earnings results on Tuesday, April 24th. The insurance provider reported $2.46 EPS for the quarter, missing the Zacks’ consensus estimate of $2.68 by ($0.22). The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.24 billion. Travelers Companies had a net margin of 7.21% and a return on equity of 8.94%. sell-side analysts predict that Travelers Companies will post 10.46 earnings per share for the current year.

In other Travelers Companies news, Vice Chairman Jay S. Benet sold 4,437 shares of the company’s stock in a transaction dated Wednesday, March 28th. The shares were sold at an average price of $136.94, for a total transaction of $607,602.78. Following the completion of the sale, the insider now directly owns 89,737 shares in the company, valued at $12,288,584.78. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Vice Chairman Jay S. Benet sold 6,457 shares of the stock in a transaction dated Friday, May 11th. The stock was sold at an average price of $132.01, for a total transaction of $852,388.57. Following the sale, the insider now owns 91,757 shares of the company’s stock, valued at $12,112,841.57. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,059 shares of company stock valued at $4,193,296. Company insiders own 0.80% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Suntrust Banks Inc. boosted its holdings in shares of Travelers Companies by 13.2% during the first quarter. Suntrust Banks Inc. now owns 193,217 shares of the insurance provider’s stock worth $26,829,000 after purchasing an additional 22,503 shares during the period. BDO Wealth Advisors LLC boosted its holdings in shares of Travelers Companies by 6.1% during the first quarter. BDO Wealth Advisors LLC now owns 11,372 shares of the insurance provider’s stock worth $1,579,000 after purchasing an additional 651 shares during the period. Summit Trail Advisors LLC boosted its holdings in shares of Travelers Companies by 13,364.7% during the first quarter. Summit Trail Advisors LLC now owns 121,182 shares of the insurance provider’s stock worth $121,000 after purchasing an additional 120,282 shares during the period. Xact Kapitalforvaltning AB boosted its holdings in shares of Travelers Companies by 6.4% during the first quarter. Xact Kapitalforvaltning AB now owns 43,543 shares of the insurance provider’s stock worth $6,046,000 after purchasing an additional 2,606 shares during the period. Finally, Atlantic Trust Group LLC boosted its holdings in shares of Travelers Companies by 6.8% during the first quarter. Atlantic Trust Group LLC now owns 24,016 shares of the insurance provider’s stock worth $3,335,000 after purchasing an additional 1,519 shares during the period. Institutional investors own 78.64% of the company’s stock.

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.

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Analyst Recommendations for Travelers Companies (NYSE:TRV)

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