The Travelers Companies, Inc. (NYSE:TRV) Receives $223.47 Consensus PT from Analysts

Shares of The Travelers Companies, Inc. (NYSE:TRV) have been assigned an average recommendation of “Hold” from the nineteen research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $223.47.

Several analysts have issued reports on TRV shares. The Goldman Sachs Group boosted their price objective on Travelers Companies from $186.00 to $212.00 and gave the stock a “sell” rating in a report on Friday, April 12th. Raymond James increased their price target on Travelers Companies from $220.00 to $245.00 and gave the company a “strong-buy” rating in a report on Monday, January 22nd. Keefe, Bruyette & Woods lowered their price target on Travelers Companies from $241.00 to $231.00 and set a “market perform” rating on the stock in a report on Thursday, April 18th. Royal Bank of Canada reduced their price objective on Travelers Companies from $230.00 to $225.00 and set a “sector perform” rating for the company in a research report on Thursday, April 18th. Finally, StockNews.com cut Travelers Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 27th.

Insider Buying and Selling

In other news, EVP Jeffrey P. Klenk sold 3,635 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total value of $776,726.80. Following the sale, the executive vice president now directly owns 6,075 shares in the company, valued at $1,298,106. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CFO Daniel S. Frey sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total value of $1,064,500.00. Following the transaction, the chief financial officer now owns 18,515 shares of the company’s stock, valued at $3,941,843.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeffrey P. Klenk sold 3,635 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $213.68, for a total value of $776,726.80. Following the sale, the executive vice president now directly owns 6,075 shares in the company, valued at approximately $1,298,106. The disclosure for this sale can be found here. Insiders sold a total of 56,635 shares of company stock valued at $12,057,727 over the last three months. Company insiders own 1.33% of the company’s stock.

Institutional Investors Weigh In On Travelers Companies

A number of institutional investors have recently made changes to their positions in TRV. First Command Advisory Services Inc. acquired a new position in shares of Travelers Companies during the third quarter valued at about $26,000. Arlington Trust Co LLC purchased a new position in Travelers Companies during the 3rd quarter valued at about $27,000. Northwest Financial Advisors purchased a new stake in shares of Travelers Companies in the fourth quarter worth $32,000. AM Squared Ltd boosted its position in shares of Travelers Companies by 100.0% during the 3rd quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 100 shares during the last quarter. Finally, Private Wealth Management Group LLC bought a new stake in Travelers Companies during the fourth quarter valued at approximately $39,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of TRV opened at $213.89 on Wednesday. Travelers Companies has a 1 year low of $157.33 and a 1 year high of $232.75. The company has a market cap of $48.98 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 1.11 and a beta of 0.60. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a fifty day moving average of $220.96 and a 200-day moving average of $199.82.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.62 billion. During the same quarter in the prior year, the firm earned $4.11 earnings per share. Travelers Companies’s revenue for the quarter was up 15.7% compared to the same quarter last year. As a group, equities analysts anticipate that Travelers Companies will post 17.74 earnings per share for the current year.

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 10th will be paid a dividend of $1.05 per share. The ex-dividend date of this dividend is Friday, June 7th. This is a boost from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.96%. Travelers Companies’s payout ratio is 29.72%.

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.