Slow Capital Inc. Purchases 53 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Slow Capital Inc. lifted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,115 shares of the insurance provider’s stock after acquiring an additional 53 shares during the quarter. Slow Capital Inc.’s holdings in Travelers Companies were worth $3,451,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of TRV. Scissortail Wealth Management LLC acquired a new stake in shares of Travelers Companies in the fourth quarter valued at $446,000. Avior Wealth Management LLC increased its position in Travelers Companies by 16.5% in the 4th quarter. Avior Wealth Management LLC now owns 662 shares of the insurance provider’s stock valued at $126,000 after acquiring an additional 94 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Travelers Companies by 1.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 101,426 shares of the insurance provider’s stock worth $19,321,000 after acquiring an additional 1,163 shares during the last quarter. West Paces Advisors Inc. lifted its position in shares of Travelers Companies by 3.3% during the fourth quarter. West Paces Advisors Inc. now owns 3,951 shares of the insurance provider’s stock worth $753,000 after purchasing an additional 125 shares in the last quarter. Finally, Wealth Alliance grew its stake in shares of Travelers Companies by 8.4% during the fourth quarter. Wealth Alliance now owns 2,721 shares of the insurance provider’s stock valued at $518,000 after purchasing an additional 212 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors.

Travelers Companies Trading Up 0.9 %

Shares of Travelers Companies stock traded up $2.06 on Wednesday, hitting $223.12. 1,412,209 shares of the company’s stock traded hands, compared to its average volume of 1,015,763. The company has a market capitalization of $51.12 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 1.16 and a beta of 0.58. The company has a fifty day moving average of $222.02 and a two-hundred day moving average of $196.10. 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 one year low of $157.33 and a one year high of $232.75.

Travelers Companies (NYSE:TRV) last released its earnings results on Friday, January 19th. The insurance provider reported $7.01 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $10.18 billion. During the same quarter in the previous year, the company earned $3.40 EPS. Travelers Companies’s quarterly revenue was up 13.4% compared to the same quarter last year. As a group, sell-side analysts expect that The Travelers Companies, Inc. will post 17.62 earnings per share for the current year.

Travelers Companies Announces Dividend

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

Insiders Place Their Bets

In other Travelers Companies news, SVP Paul E. Munson sold 2,121 shares of the company’s stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $212.86, for a total transaction of $451,476.06. Following the transaction, the senior vice president now owns 719 shares in the company, valued at $153,046.34. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, SVP Paul E. Munson sold 2,121 shares of Travelers Companies stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $212.86, for a total transaction of $451,476.06. Following the transaction, the senior vice president now owns 719 shares of the company’s stock, valued at $153,046.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Vice Chairman William H. Heyman sold 26,633 shares of the stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $212.76, for a total value of $5,666,437.08. Following the completion of the sale, the insider now directly owns 255,178 shares of the company’s stock, valued at $54,291,671.28. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 109,775 shares of company stock worth $23,343,903. Corporate insiders own 1.33% of the company’s stock.

Analyst Ratings Changes

TRV has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on Travelers Companies from $194.00 to $213.00 and gave the stock an “underweight” rating in a report on Monday, April 8th. The Goldman Sachs Group upped their price target on Travelers Companies from $186.00 to $212.00 and gave the company a “sell” rating in a research note on Friday, April 12th. Piper Sandler reiterated a “neutral” rating and issued a $213.00 price objective on shares of Travelers Companies in a research report on Monday, April 1st. Evercore ISI upped their target price on shares of Travelers Companies from $230.00 to $253.00 and gave the company an “outperform” rating in a research report on Thursday, April 11th. Finally, Royal Bank of Canada raised their price objective on Travelers Companies from $185.00 to $210.00 and gave the company a “sector perform” rating in a report on Monday, January 22nd. Two investment 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 company. Based on data from MarketBeat.com, Travelers Companies has an average rating of “Hold” and a consensus target price of $217.00.

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.