The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Acropolis Investment Management LLC

Acropolis Investment Management LLC decreased its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,948 shares of the insurance provider’s stock after selling 100 shares during the quarter. Acropolis Investment Management LLC’s holdings in Travelers Companies were worth $2,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in TRV. Franklin Resources Inc. raised its stake in shares of Travelers Companies by 39.5% during the third quarter. Franklin Resources Inc. now owns 135,957 shares of the insurance provider’s stock valued at $32,646,000 after purchasing an additional 38,515 shares during the period. Sanctuary Advisors LLC purchased a new stake in Travelers Companies during the 2nd quarter worth $9,798,000. Orion Portfolio Solutions LLC lifted its holdings in Travelers Companies by 34.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 18,144 shares of the insurance provider’s stock worth $4,248,000 after buying an additional 4,665 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new position in Travelers Companies in the 3rd quarter valued at about $50,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Travelers Companies during the third quarter valued at about $1,219,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Travelers Companies

In related news, EVP Andy F. Bessette sold 4,520 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $253.46, for a total value of $1,145,639.20. Following the completion of the transaction, the executive vice president now owns 16,976 shares in the company, valued at $4,302,736.96. This represents a 21.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the transaction, the insider now directly owns 250,384 shares in the company, valued at approximately $66,301,683.20. The trade was a 1.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,149 shares of company stock worth $20,295,856 in the last three months. 1.33% of the stock is owned by company insiders.

Travelers Companies Stock Performance

Shares of TRV opened at $237.15 on Wednesday. The firm has a fifty day moving average of $250.38 and a 200-day moving average of $235.40. The company has a market cap of $53.84 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 1.17 and a beta of 0.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The Travelers Companies, Inc. has a 1 year low of $194.54 and a 1 year high of $269.55.

Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The firm had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.46 billion. During the same period in the previous year, the business posted $1.95 EPS. Travelers Companies’s revenue was up 11.9% on a year-over-year basis. As a group, equities analysts anticipate that The Travelers Companies, Inc. will post 18.84 earnings per share for the current year.

Travelers Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th were issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Tuesday, December 10th. Travelers Companies’s dividend payout ratio (DPR) is 21.54%.

Analysts Set New Price Targets

Several research firms recently commented on TRV. Royal Bank of Canada boosted their price target on Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a research note on Friday, October 18th. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th. Roth Mkm upped their price target on shares of Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a report on Monday, October 21st. The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a report on Wednesday, January 8th. Finally, Wells Fargo & Company cut their target price on shares of Travelers Companies from $217.00 to $213.00 and set an “underweight” rating on the stock in a research note on Tuesday. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $254.65.

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.