GW Henssler & Associates Ltd. Sells 4,312 Shares of The Travelers Companies, Inc. $TRV

GW Henssler & Associates Ltd. lowered its stake in The Travelers Companies, Inc. (NYSE:TRV) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 103,111 shares of the insurance provider’s stock after selling 4,312 shares during the quarter. Travelers Companies comprises approximately 1.4% of GW Henssler & Associates Ltd.’s investment portfolio, making the stock its 14th biggest holding. GW Henssler & Associates Ltd.’s holdings in Travelers Companies were worth $29,908,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Travelers Companies by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 22,109,933 shares of the insurance provider’s stock valued at $6,413,207,000 after buying an additional 110,311 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Travelers Companies by 1.6% in the third quarter. JPMorgan Chase & Co. now owns 7,746,231 shares of the insurance provider’s stock valued at $2,162,917,000 after buying an additional 119,481 shares in the last quarter. Norges Bank bought a new position in Travelers Companies in the fourth quarter valued at approximately $723,339,000. AQR Capital Management LLC lifted its stake in Travelers Companies by 22.8% in the third quarter. AQR Capital Management LLC now owns 1,785,288 shares of the insurance provider’s stock valued at $496,872,000 after buying an additional 331,170 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Travelers Companies by 5.3% in the fourth quarter. UBS Group AG now owns 1,774,756 shares of the insurance provider’s stock valued at $514,786,000 after purchasing an additional 89,159 shares during the last quarter. Institutional investors own 82.45% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Diane Kurtzman sold 2,867 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $303.45, for a total value of $869,991.15. Following the transaction, the executive vice president directly owned 5,298 shares in the company, valued at approximately $1,607,678.10. This represents a 35.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Avrohom J. Kess sold 6,735 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $308.78, for a total transaction of $2,079,633.30. Following the sale, the insider directly owned 48,737 shares of the company’s stock, valued at $15,049,010.86. This represents a 12.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,573 shares of company stock valued at $11,504,146 in the last three months. Insiders own 1.39% of the company’s stock.

Travelers Companies Price Performance

Shares of TRV opened at $289.28 on Tuesday. The company has a market cap of $61.51 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 2.63 and a beta of 0.50. The Travelers Companies, Inc. has a 1-year low of $249.19 and a 1-year high of $313.12. The company’s fifty day simple moving average is $298.97 and its 200 day simple moving average is $293.82. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last issued its earnings results on Thursday, April 16th. The insurance provider reported $7.71 earnings per share for the quarter, topping analysts’ consensus estimates of $6.80 by $0.91. The business had revenue of $11.92 billion for the quarter, compared to the consensus estimate of $11.11 billion. Travelers Companies had a net margin of 15.54% and a return on equity of 24.06%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.91 earnings per share. On average, research analysts forecast that The Travelers Companies, Inc. will post 28 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Wednesday, June 10th will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. This is a boost from Travelers Companies’s previous quarterly dividend of $1.10. The ex-dividend date is Wednesday, June 10th. Travelers Companies’s dividend payout ratio is currently 14.88%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Roth Mkm reiterated a “buy” rating on shares of Travelers Companies in a report on Monday, April 20th. Weiss Ratings reiterated a “buy (a-)” rating on shares of Travelers Companies in a report on Friday, May 8th. UBS Group reiterated a “neutral” rating on shares of Travelers Companies in a report on Monday, February 2nd. BMO Capital Markets lifted their price objective on shares of Travelers Companies from $297.00 to $314.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Travelers Companies from $340.00 to $342.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $311.47.

Travelers Companies 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.