4,164 Shares in The Travelers Companies, Inc. $TRV Bought by Tradewinds LLC.

Tradewinds LLC. bought a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,164 shares of the insurance provider’s stock, valued at approximately $1,163,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Associated Banc Corp boosted its position in Travelers Companies by 1.4% during the 2nd quarter. Associated Banc Corp now owns 2,734 shares of the insurance provider’s stock worth $731,000 after buying an additional 39 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in shares of Travelers Companies by 1.0% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,093 shares of the insurance provider’s stock worth $1,143,000 after purchasing an additional 40 shares during the last quarter. ORG Partners LLC increased its holdings in Travelers Companies by 5.6% in the second quarter. ORG Partners LLC now owns 776 shares of the insurance provider’s stock valued at $207,000 after purchasing an additional 41 shares during the period. Park Place Capital Corp raised its position in Travelers Companies by 33.1% during the 2nd quarter. Park Place Capital Corp now owns 165 shares of the insurance provider’s stock worth $44,000 after purchasing an additional 41 shares during the last quarter. Finally, Nilsine Partners LLC lifted its holdings in Travelers Companies by 0.4% during the 3rd quarter. Nilsine Partners LLC now owns 9,737 shares of the insurance provider’s stock worth $2,719,000 after buying an additional 41 shares during the period. 82.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 1,803 shares of Travelers Companies stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $289.55, for a total transaction of $522,058.65. Following the completion of the transaction, the insider owned 255,086 shares in the company, valued at approximately $73,860,151.30. The trade was a 0.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Maria Olivo sold 8,920 shares of the stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $295.73, for a total value of $2,637,911.60. Following the completion of the sale, the executive vice president directly owned 117,596 shares of the company’s stock, valued at approximately $34,776,665.08. This trade represents a 7.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 46,295 shares of company stock worth $13,011,918. 1.46% of the stock is currently owned by insiders.

Travelers Companies Trading Down 0.9%

NYSE TRV opened at $269.03 on Monday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 52 week low of $230.43 and a 52 week high of $296.85. The business has a 50 day moving average price of $286.41 and a 200-day moving average price of $275.44. The company has a market cap of $60.01 billion, a price-to-earnings ratio of 10.58, a P/E/G ratio of 2.57 and a beta of 0.52.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Thursday, October 16th. The insurance provider reported $8.14 earnings per share for the quarter, topping the consensus estimate of $6.01 by $2.13. The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $11.15 billion. Travelers Companies had a net margin of 12.14% and a return on equity of 20.28%. The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.24 earnings per share. As a group, equities analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TRV. Morgan Stanley increased their price target on Travelers Companies from $285.00 to $295.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Weiss Ratings raised shares of Travelers Companies from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, January 12th. Cantor Fitzgerald upped their target price on Travelers Companies from $308.00 to $316.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Mizuho initiated coverage on Travelers Companies in a report on Monday, December 15th. They issued a “neutral” rating and a $317.00 target price for the company. Finally, Jefferies Financial Group raised Travelers Companies to a “hold” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $299.69.

Travelers Companies Company Profile

The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.

On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.