Vantage Investment Partners LLC boosted its stake in shares of The Travelers Cos. (NYSE:TRV) by 4.2% during the third quarter, Holdings Channel reports. The firm owned 108,964 shares of the company’s stock after buying an additional 4,347 shares during the period. The Travelers Cos. comprises approximately 1.6% of Vantage Investment Partners LLC’s holdings, making the stock its 17th largest position. Vantage Investment Partners LLC’s holdings in The Travelers Cos. were worth $12,481,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Global X Management Co. LLC boosted its position in The Travelers Cos. by 86.8% in the second quarter. Global X Management Co. LLC now owns 977 shares of the company’s stock valued at $116,000 after buying an additional 454 shares during the period. Mycio Wealth Partners LLC boosted its position in The Travelers Cos. by 2.4% in the second quarter. Mycio Wealth Partners LLC now owns 1,062 shares of the company’s stock valued at $126,000 after buying an additional 25 shares during the period. Ledyard National Bank boosted its position in The Travelers Cos. by 5.4% in the second quarter. Ledyard National Bank now owns 1,089 shares of the company’s stock valued at $130,000 after buying an additional 56 shares during the period. Krilogy Financial LLC boosted its position in The Travelers Cos. by 3.8% in the second quarter. Krilogy Financial LLC now owns 1,128 shares of the company’s stock valued at $134,000 after buying an additional 41 shares during the period. Finally, American National Bank boosted its position in The Travelers Cos. by 51.2% in the third quarter. American National Bank now owns 1,157 shares of the company’s stock valued at $133,000 after buying an additional 392 shares during the period. 76.93% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for The Travelers Cos. (NYSE:TRV)

Shares of The Travelers Cos. (NYSE:TRV) traded up 0.01% on Wednesday, reaching $113.71. The company’s stock had a trading volume of 877,447 shares. The company has a market cap of $32.30 billion, a PE ratio of 11.53 and a beta of 1.03. The firm has a 50 day moving average of $110.74 and a 200 day moving average of $114.37. The Travelers Cos. has a 52-week low of $101.23 and a 52-week high of $119.32.

The Travelers Cos. (NYSE:TRV) last released its quarterly earnings results on Thursday, October 20th. The company reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.13. The Travelers Cos. had a net margin of 10.84% and a return on equity of 12.11%. The company earned $6.96 billion during the quarter, compared to the consensus estimate of $6.37 billion. During the same period in the previous year, the business earned $2.93 earnings per share. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. Analysts predict that The Travelers Cos. will post $9.51 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 9th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, December 7th. This represents a $2.68 annualized dividend and a yield of 2.36%. The Travelers Cos.’s dividend payout ratio is currently 27.29%.

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TRV has been the topic of several analyst reports. William Blair lowered The Travelers Cos. from a “market perform” rating to an “underperform” rating in a research note on Thursday, November 17th. Credit Suisse Group AG set a $111.00 price objective on The Travelers Cos. and gave the company a “hold” rating in a research note on Monday, September 12th. Citigroup Inc. upped their price objective on The Travelers Cos. from $117.00 to $123.00 and gave the company a “neutral” rating in a research note on Tuesday, October 11th. Barclays PLC reiterated an “equal weight” rating and issued a $109.00 price objective (up from $105.00) on shares of The Travelers Cos. in a research note on Saturday, October 1st. Finally, Zacks Investment Research upgraded The Travelers Cos. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 31st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $117.64.

In other The Travelers Cos. news, Vice Chairman William H. Heyman sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $113.75, for a total transaction of $113,750.00. Following the completion of the transaction, the insider now directly owns 229,254 shares in the company, valued at $26,077,642.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Philip T. Ruegger III acquired 2,000 shares of the stock in a transaction on Wednesday, November 9th. The shares were purchased at an average price of $107.19 per share, with a total value of $214,380.00. Following the completion of the transaction, the director now owns 22,443 shares of the company’s stock, valued at $2,405,665.17. The disclosure for this purchase can be found here. Company insiders own 1.34% of the company’s stock.

The Travelers Cos. Company Profile

The Travelers Companies, Inc is a holding company. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. It operates through three segments: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance.

5 Day Chart for NYSE:TRV

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