Travelers Companies Inc (NYSE:TRV) Vice Chairman William H. Heyman sold 12,500 shares of Travelers Companies stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $145.50, for a total value of $1,818,750.00. Following the sale, the insider now directly owns 244,745 shares in the company, valued at $35,610,397.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Travelers Companies stock traded up $0.89 during midday trading on Thursday, hitting $147.41. The stock had a trading volume of 1,681,164 shares, compared to its average volume of 1,364,373. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.29. The firm has a market cap of $37.56 billion, a P/E ratio of 16.49, a P/E/G ratio of 1.30 and a beta of 1.08. Travelers Companies Inc has a 12 month low of $111.08 and a 12 month high of $148.27.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, April 18th. The insurance provider reported $2.83 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.76 by $0.07. The firm had revenue of $6.86 billion during the quarter, compared to analyst estimates of $6.94 billion. Travelers Companies had a return on equity of 10.86% and a net margin of 8.64%. Travelers Companies’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.46 earnings per share. As a group, equities research analysts anticipate that Travelers Companies Inc will post 11.11 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 10th will be issued a $0.82 dividend. This is a positive change from Travelers Companies’s previous quarterly dividend of $0.77. This represents a $3.28 annualized dividend and a yield of 2.23%. The ex-dividend date is Friday, June 7th. Travelers Companies’s payout ratio is currently 34.45%.

A number of institutional investors have recently made changes to their positions in TRV. Sontag Advisory LLC acquired a new position in Travelers Companies in the fourth quarter valued at approximately $27,000. Interactive Financial Advisors acquired a new position in Travelers Companies in the first quarter valued at approximately $27,000. Buffington Mohr McNeal acquired a new position in Travelers Companies in the first quarter valued at approximately $28,000. Oregon Public Employees Retirement Fund boosted its stake in Travelers Companies by 11,730.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,525,799 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 3,495,996 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in Travelers Companies by 120.5% in the fourth quarter. Global Retirement Partners LLC now owns 247 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 135 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on the company. Royal Bank of Canada set a $145.00 target price on Travelers Companies and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. UBS Group lifted their target price on Travelers Companies from $129.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Travelers Companies in a research report on Wednesday, January 23rd. Barclays lifted their target price on Travelers Companies from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Finally, Zacks Investment Research raised Travelers Companies from a “sell” rating to a “buy” rating and set a $151.00 target price on the stock in a research report on Tuesday, March 26th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $140.58.

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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.

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Insider Buying and Selling by Quarter for Travelers Companies (NYSE:TRV)

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