Eagle Bay Advisors LLC Has $156,000 Stake in The Travelers Companies, Inc. (NYSE:TRV)

Eagle Bay Advisors LLC decreased its position in The Travelers Companies, Inc. (NYSE:TRV) by 19.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 649 shares of the insurance provider’s stock after selling 159 shares during the quarter. Eagle Bay Advisors LLC’s holdings in Travelers Companies were worth $156,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AGF Management Ltd. grew its position in Travelers Companies by 6.2% during the second quarter. AGF Management Ltd. now owns 11,005 shares of the insurance provider’s stock worth $2,238,000 after buying an additional 639 shares in the last quarter. LPL Financial LLC grew its position in Travelers Companies by 7.4% during the second quarter. LPL Financial LLC now owns 177,528 shares of the insurance provider’s stock worth $36,099,000 after buying an additional 12,190 shares in the last quarter. American Century Companies Inc. grew its position in Travelers Companies by 12.1% during the second quarter. American Century Companies Inc. now owns 369,500 shares of the insurance provider’s stock worth $75,134,000 after buying an additional 39,906 shares in the last quarter. BOKF NA grew its position in Travelers Companies by 1.4% during the second quarter. BOKF NA now owns 7,348 shares of the insurance provider’s stock worth $1,494,000 after buying an additional 101 shares in the last quarter. Finally, Meeder Advisory Services Inc. grew its position in Travelers Companies by 44.8% during the second quarter. Meeder Advisory Services Inc. now owns 4,564 shares of the insurance provider’s stock worth $928,000 after buying an additional 1,411 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Trading Up 0.3 %

NYSE:TRV traded up $0.62 during trading hours on Monday, hitting $233.05. 483,379 shares of the company were exchanged, compared to its average volume of 1,186,900. The stock has a market capitalization of $52.91 billion, a price-to-earnings ratio of 11.95, a price-to-earnings-growth ratio of 1.17 and a beta of 0.65. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a one year low of $194.54 and a one year high of $269.55. The company has a fifty day simple moving average of $250.73 and a 200 day simple moving average of $234.97.

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

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Tuesday, December 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 21.54%.

Wall Street Analysts Forecast Growth

TRV has been the topic of a number of analyst reports. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target on the stock in a research report on Wednesday, January 8th. Barclays reduced their target price on Travelers Companies from $295.00 to $278.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $217.00 target price (down previously from $256.00) on shares of Travelers Companies in a report on Wednesday, December 11th. Roth Mkm raised their target price on Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a report on Monday, October 21st. Finally, HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Tuesday, December 10th. Four 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $254.85.

Insider Transactions at Travelers Companies

In other news, Vice Chairman William H. Heyman sold 3,000 shares of Travelers Companies stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $260.55, for a total value of $781,650.00. Following the completion of the transaction, the insider now directly owns 250,384 shares of the company’s stock, valued at approximately $65,237,551.20. This trade represents a 1.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Diane Kurtzman sold 3,941 shares of the firm’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $260.45, for a total value of $1,026,433.45. Following the completion of the sale, the executive vice president now owns 1,715 shares of the company’s stock, valued at approximately $446,671.75. This represents a 69.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 78,149 shares of company stock valued at $20,295,856. Corporate insiders own 1.33% 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.