West Paces Advisors Inc. Has $753,000 Stake in The Travelers Companies, Inc. (NYSE:TRV)

West Paces Advisors Inc. lifted its position in The Travelers Companies, Inc. (NYSE:TRV) by 3.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,951 shares of the insurance provider’s stock after purchasing an additional 125 shares during the period. West Paces Advisors Inc.’s holdings in Travelers Companies were worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of TRV. Wealth Alliance increased its position in Travelers Companies by 8.4% in the 4th quarter. Wealth Alliance now owns 2,721 shares of the insurance provider’s stock worth $518,000 after buying an additional 212 shares during the period. Marino Stram & Associates LLC bought a new position in Travelers Companies during the fourth quarter worth $223,000. Sippican Capital Advisors acquired a new position in Travelers Companies during the 4th quarter valued at $338,000. Mackenzie Financial Corp boosted its holdings in Travelers Companies by 10.5% in the 4th quarter. Mackenzie Financial Corp now owns 241,741 shares of the insurance provider’s stock valued at $46,049,000 after purchasing an additional 23,004 shares during the period. Finally, Bison Wealth LLC boosted its holdings in Travelers Companies by 10.0% in the 4th quarter. Bison Wealth LLC now owns 1,637 shares of the insurance provider’s stock valued at $312,000 after purchasing an additional 149 shares during the period. 82.45% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Daniel S. Frey sold 38,000 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total value of $8,076,900.00. Following the transaction, the chief financial officer now owns 14,810 shares in the company, valued at $3,147,865.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CFO Daniel S. Frey sold 38,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the completion of the sale, the chief financial officer now directly owns 14,810 shares of the company’s stock, valued at $3,147,865.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Michael Frederick Klein sold 12,287 shares of the firm’s stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $210.68, for a total transaction of $2,588,625.16. Following the completion of the transaction, the executive vice president now directly owns 14,080 shares in the company, valued at $2,966,374.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 109,775 shares of company stock valued at $23,343,903. Company insiders own 1.33% of the company’s stock.

Travelers Companies Price Performance

Shares of NYSE:TRV traded up $2.06 during midday trading on Tuesday, reaching $223.12. The company’s stock had a trading volume of 1,410,861 shares, compared to its average volume of 1,435,061. The business’s fifty day simple moving average is $221.82 and its 200-day simple moving average is $195.68. The company has a market capitalization of $51.12 billion, a P/E ratio of 17.28, a P/E/G ratio of 1.16 and a beta of 0.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The Travelers Companies, Inc. has a fifty-two week low of $157.33 and a fifty-two week high of $232.75.

Travelers Companies (NYSE:TRV) last announced its earnings results on Friday, January 19th. The insurance provider reported $7.01 earnings per share for the quarter, topping analysts’ consensus estimates of $5.10 by $1.91. Travelers Companies had a net margin of 7.23% and a return on equity of 13.68%. The company had revenue of $10.93 billion during the quarter, compared to the consensus estimate of $10.18 billion. During the same period in the previous year, the firm posted $3.40 earnings per share. The company’s revenue was up 13.4% on a year-over-year basis. As a group, equities research analysts expect that The Travelers Companies, Inc. will post 17.62 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were given a $1.00 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.00 dividend on an annualized basis and a yield of 1.79%. Travelers Companies’s payout ratio is 31.27%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TRV shares. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research report on Friday, March 29th. UBS Group raised their price objective on Travelers Companies from $205.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 23rd. Raymond James lifted their price objective on Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a report on Monday, January 22nd. Keefe, Bruyette & Woods upped their target price on Travelers Companies from $215.00 to $241.00 and gave the company a “market perform” rating in a research note on Wednesday, April 10th. Finally, TD Cowen started coverage on shares of Travelers Companies in a report on Wednesday, January 10th. They issued an “outperform” rating and a $247.00 price target on the stock. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $217.00.

Travelers Companies 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.