Robeco Institutional Asset Management B.V. acquired a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 637,091 shares of the insurance provider’s stock, valued at approximately $78,058,000. Robeco Institutional Asset Management B.V. owned 0.23% of The Travelers Companies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC lifted its stake in The Travelers Companies by 4.9% during the 2nd quarter. CWM LLC now owns 794 shares of the insurance provider’s stock valued at $100,000 after acquiring an additional 37 shares during the period. Westside Investment Management Inc. lifted its stake in The Travelers Companies by 361.1% during the 1st quarter. Westside Investment Management Inc. now owns 876 shares of the insurance provider’s stock valued at $106,000 after acquiring an additional 686 shares during the period. Tradewinds Capital Management LLC lifted its stake in The Travelers Companies by 1.1% during the 2nd quarter. Tradewinds Capital Management LLC now owns 905 shares of the insurance provider’s stock valued at $115,000 after acquiring an additional 10 shares during the period. Intellectus Partners LLC lifted its stake in The Travelers Companies by 4.6% during the 2nd quarter. Intellectus Partners LLC now owns 933 shares of the insurance provider’s stock valued at $118,000 after acquiring an additional 41 shares during the period. Finally, Thompson Siegel & Walmsley LLC lifted its stake in The Travelers Companies by 3.6% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 995 shares of the insurance provider’s stock valued at $126,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 77.40% of the company’s stock.

Several analysts have commented on TRV shares. MKM Partners restated a “neutral” rating and set a $130.00 price objective (up from $115.00) on shares of The Travelers Companies in a research note on Wednesday, July 26th. Wells Fargo & Company reaffirmed a “hold” rating and set a $125.00 target price on shares of The Travelers Companies in a report on Tuesday, September 12th. Credit Suisse Group cut their target price on shares of The Travelers Companies from $128.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, September 12th. Royal Bank Of Canada lifted their target price on shares of The Travelers Companies to $140.00 and gave the company an “outperform” rating in a report on Friday. Finally, Zacks Investment Research lowered shares of The Travelers Companies from a “hold” rating to a “sell” rating in a report on Tuesday, September 5th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $127.71.

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Shares of The Travelers Companies, Inc. (NYSE:TRV) traded up 0.01% during midday trading on Monday, reaching $133.34. 215,054 shares of the company traded hands. The stock’s 50-day moving average is $123.39 and its 200-day moving average is $124.33. The Travelers Companies, Inc. has a 1-year low of $103.45 and a 1-year high of $134.11. The stock has a market capitalization of $36.79 billion, a P/E ratio of 13.28 and a beta of 1.20.

The Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, October 19th. The insurance provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $2.10 by ($1.19). The Travelers Companies had a net margin of 8.56% and a return on equity of 9.87%. The business had revenue of $6.66 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same period last year, the business posted $2.40 EPS. The Travelers Companies’s revenue was up 4.2% compared to the same quarter last year. Equities analysts predict that The Travelers Companies, Inc. will post $7.44 EPS for the current fiscal year.

The Travelers Companies declared that its Board of Directors has authorized a share repurchase plan on Monday, September 11th that permits the company to repurchase shares. This repurchase authorization permits the insurance provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 11th will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Friday, December 8th. The Travelers Companies’s dividend payout ratio (DPR) is currently 33.45%.

In other news, EVP Kenneth Franklin Spence III sold 4,800 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $128.73, for a total value of $617,904.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Jay S. Benet sold 16,566 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $130.01, for a total value of $2,153,745.66. Following the completion of the transaction, the insider now owns 93,872 shares of the company’s stock, valued at approximately $12,204,298.72. The disclosure for this sale can be found here. In the last three months, insiders sold 108,805 shares of company stock valued at $13,982,251. 0.82% of the stock is owned by corporate insiders.

The Travelers Companies Profile

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

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

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