The Travelers Companies, Inc. $TRV Stock Position Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 13.2% during the third quarter, HoldingsChannel.com reports. The fund owned 195,493 shares of the insurance provider’s stock after acquiring an additional 22,827 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Travelers Companies were worth $55,709,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in TRV. Associated Banc Corp grew its stake 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 last quarter. Fifth Third Wealth Advisors LLC lifted its position in Travelers Companies by 1.0% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 4,093 shares of the insurance provider’s stock valued at $1,143,000 after purchasing an additional 40 shares during the last quarter. ORG Partners LLC boosted its stake in Travelers Companies by 5.6% during the 2nd 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 grew its position in Travelers Companies by 33.1% in 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 increased its stake in shares of Travelers Companies by 0.4% in the third quarter. Nilsine Partners LLC now owns 9,737 shares of the insurance provider’s stock valued at $2,719,000 after purchasing an additional 41 shares during the period. 82.45% of the stock is owned by institutional investors.

Travelers Companies Price Performance

Travelers Companies stock traded down $0.28 during midday trading on Tuesday, hitting $269.14. The company’s stock had a trading volume of 279,260 shares, compared to its average volume of 1,613,696. The Travelers Companies, Inc. has a 12 month low of $230.43 and a 12 month high of $296.85. 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 stock’s 50-day moving average price is $286.15 and its 200-day moving average price is $275.47. The company has a market capitalization of $60.03 billion, a PE ratio of 10.58, a price-to-earnings-growth ratio of 2.57 and a beta of 0.52.

Insider Buying and Selling at Travelers Companies

In other news, CFO Daniel S. Frey sold 25,000 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $278.25, for a total transaction of $6,956,250.00. Following the completion of the sale, the chief financial officer directly owned 26,932 shares of the company’s stock, valued at $7,493,829. This trade represents a 48.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Maria Olivo sold 8,920 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 117,596 shares in the company, valued at $34,776,665.08. This trade represents a 7.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,295 shares of company stock valued at $13,011,918 in the last ninety days. Company insiders own 1.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TRV. Keefe, Bruyette & Woods boosted their price objective on Travelers Companies from $305.00 to $317.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Weiss Ratings upgraded Travelers Companies from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, January 12th. Mizuho began coverage on Travelers Companies in a report on Monday, December 15th. They set a “neutral” rating and a $317.00 price target on the stock. The Goldman Sachs Group cut shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $304.00 price objective on the stock. in a research note on Wednesday, January 7th. Finally, Cantor Fitzgerald increased their target price on shares of Travelers Companies from $308.00 to $316.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Travelers Companies presently has a consensus rating of “Hold” and an average price target of $299.69.

Travelers Companies 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.