Pavion Blue Capital LLC Buys Shares of 1,724 The Travelers Companies, Inc. $TRV

Pavion Blue Capital LLC bought a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,724 shares of the insurance provider’s stock, valued at approximately $569,000.

Several other institutional investors also recently modified their holdings of the stock. HHM Wealth Advisors LLC increased its stake in shares of Travelers Companies by 145.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider’s stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. Whipplewood Advisors LLC bought a new position in Travelers Companies during the 1st quarter worth approximately $26,000. LifeSteps Financial Inc. acquired a new position in Travelers Companies during the second quarter valued at approximately $26,000. Kemnay Advisory Services Inc. acquired a new position in Travelers Companies during the fourth quarter valued at approximately $26,000. Finally, Osterweis Capital Management Inc. increased its stake in Travelers Companies by 1,820.0% in the second quarter. Osterweis Capital Management Inc. now owns 96 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 91 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Stock Performance

TRV opened at $364.50 on Tuesday. The company has a market capitalization of $76.03 billion, a price-to-earnings ratio of 9.76, a P/E/G ratio of 3.52 and a beta of 0.45. The business’s 50-day moving average price is $347.35 and its two-hundred day moving average price is $316.08. The Travelers Companies, Inc. has a 1 year low of $252.26 and a 1 year high of $398.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.33 and a quick ratio of 0.33.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Friday, July 17th. The insurance provider reported $10.04 earnings per share for the quarter, topping the consensus estimate of $5.41 by $4.63. The company had revenue of $12.15 billion during the quarter, compared to analysts’ expectations of $11.26 billion. Travelers Companies had a return on equity of 25.41% and a net margin of 16.95%.Travelers Companies’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.51 earnings per share. Equities analysts expect that The Travelers Companies, Inc. will post 33.82 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. Travelers Companies’s payout ratio is currently 13.39%.

Analyst Upgrades and Downgrades

TRV has been the topic of a number of recent analyst reports. UBS Group lifted their price target on shares of Travelers Companies from $314.00 to $350.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Barclays raised their price objective on Travelers Companies from $295.00 to $318.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. Evercore set a $329.00 target price on Travelers Companies and gave the stock an “in-line” rating in a report on Friday, July 10th. Roth Capital boosted their target price on Travelers Companies from $345.00 to $425.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, Zacks Research upgraded Travelers Companies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Four equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $354.26.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Daniel Tei-Hwa Yin sold 7,153 shares of Travelers Companies stock in a transaction on Friday, July 24th. The shares were sold at an average price of $387.00, for a total value of $2,768,211.00. Following the sale, the executive vice president directly owned 68,834 shares in the company, valued at approximately $26,638,758. The trade was a 9.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mojgan M. Lefebvre sold 16,313 shares of the business’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $368.38, for a total transaction of $6,009,382.94. Following the sale, the executive vice president directly owned 9,213 shares in the company, valued at $3,393,884.94. This trade represents a 63.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 62,667 shares of company stock valued at $22,688,329 in the last three months. 1.39% of the stock is currently owned by insiders.

Travelers Companies Company Profile

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.