The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by UMB Bank n.a.

UMB Bank n.a. cut its stake in The Travelers Companies, Inc. (NYSE:TRV) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,264 shares of the insurance provider’s stock after selling 3,085 shares during the period. UMB Bank n.a.’s holdings in Travelers Companies were worth $27,043,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Travelers Companies by 17.4% during the second quarter. Brighton Jones LLC now owns 3,036 shares of the insurance provider’s stock valued at $617,000 after purchasing an additional 449 shares during the last quarter. Ieq Capital LLC increased its stake in Travelers Companies by 13.7% during the second quarter. Ieq Capital LLC now owns 12,111 shares of the insurance provider’s stock valued at $2,463,000 after purchasing an additional 1,462 shares during the last quarter. AE Wealth Management LLC increased its stake in Travelers Companies by 51.1% during the second quarter. AE Wealth Management LLC now owns 1,994 shares of the insurance provider’s stock valued at $406,000 after purchasing an additional 674 shares during the last quarter. Pacer Advisors Inc. increased its stake in Travelers Companies by 67.2% during the second quarter. Pacer Advisors Inc. now owns 26,214 shares of the insurance provider’s stock valued at $5,330,000 after purchasing an additional 10,540 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in Travelers Companies by 39.9% during the second quarter. Thrivent Financial for Lutherans now owns 15,648 shares of the insurance provider’s stock valued at $3,182,000 after purchasing an additional 4,466 shares during the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TRV shares. The Goldman Sachs Group upgraded shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price for the company in a research note on Wednesday, January 8th. UBS Group boosted their target price on shares of Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Royal Bank of Canada upped their price target on shares of Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a research report on Friday, October 18th. BMO Capital Markets upped their price target on shares of Travelers Companies from $233.00 to $270.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Finally, Wells Fargo & Company lowered their price target on shares of Travelers Companies from $217.00 to $213.00 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average price target of $254.65.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the completion of the sale, the executive vice president now directly owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. This represents a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the company’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 sale, the insider now directly owns 250,384 shares of the company’s stock, valued at $66,301,683.20. This represents a 1.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,684 shares of company stock valued at $8,728,319. 1.33% of the stock is currently owned by corporate insiders.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $239.65 on Monday. The Travelers Companies, Inc. has a twelve month low of $195.57 and a twelve month high of $269.55. 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 company has a market capitalization of $54.41 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 1.01 and a beta of 0.65. The firm has a 50-day moving average of $249.57 and a two-hundred day moving average of $235.96.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share 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 company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.46 billion. During the same period in the prior year, the company earned $1.95 EPS. Travelers Companies’s revenue was up 11.9% on a year-over-year basis. As a group, analysts expect that The Travelers Companies, Inc. will post 18.94 earnings per share for the current fiscal year.

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.