The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Trust Co. of Vermont

Trust Co. of Vermont cut its holdings in shares of The Travelers Companies, Inc. (NYSE:TRVFree Report) by 2.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,490 shares of the insurance provider’s stock after selling 154 shares during the period. Trust Co. of Vermont’s holdings in Travelers Companies were worth $1,322,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sanibel Captiva Trust Company Inc. raised its holdings in shares of Travelers Companies by 2.2% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 2,196 shares of the insurance provider’s stock worth $529,000 after acquiring an additional 47 shares during the period. Sax Wealth Advisors LLC purchased a new position in Travelers Companies during the fourth quarter worth about $479,000. Somerset Trust Co boosted its holdings in Travelers Companies by 5.2% in the 4th quarter. Somerset Trust Co now owns 918 shares of the insurance provider’s stock valued at $221,000 after purchasing an additional 45 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Travelers Companies by 30.9% in the 4th quarter. Merit Financial Group LLC now owns 5,034 shares of the insurance provider’s stock valued at $1,213,000 after buying an additional 1,189 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Travelers Companies by 19.0% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,589 shares of the insurance provider’s stock worth $383,000 after buying an additional 254 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TRV. BMO Capital Markets upped their price objective on Travelers Companies from $233.00 to $270.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Bank of America increased their price target on Travelers Companies from $241.00 to $265.00 and gave the stock an “underperform” rating in a report on Thursday, October 17th. The Goldman Sachs Group upgraded shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective on the stock in a report on Wednesday, January 8th. Barclays dropped their price target on shares of Travelers Companies from $295.00 to $278.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Finally, Royal Bank of Canada upped their price objective on shares of Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a report on Friday, October 18th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $254.65.

Check Out Our Latest Analysis on Travelers Companies

Travelers Companies Stock Performance

NYSE:TRV opened at $239.65 on Friday. The firm has a market capitalization of $54.41 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of 1.01 and a beta of 0.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.34 and a quick ratio of 0.34. The business’s fifty day moving average price is $249.57 and its 200 day moving average price is $235.73. The Travelers Companies, Inc. has a 12 month low of $195.57 and a 12 month high of $269.55.

Travelers Companies (NYSE:TRVGet Free Report) last issued its earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping the consensus estimate of $3.79 by $1.45. The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.46 billion. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company earned $1.95 EPS. On average, sell-side analysts anticipate that The Travelers Companies, Inc. will post 18.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Travelers Companies

In other news, EVP Diane Kurtzman sold 3,941 shares of the company’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of $260.45, for a total value of $1,026,433.45. Following the completion of the transaction, the executive vice president now owns 1,715 shares in the company, valued at approximately $446,671.75. This represents a 69.68 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Andy F. Bessette sold 4,520 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $253.46, for a total transaction of $1,145,639.20. Following the completion of the transaction, the executive vice president now directly owns 16,976 shares in the company, valued at $4,302,736.96. This trade represents a 21.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,149 shares of company stock worth $20,295,856 over the last three months. Insiders own 1.33% of the company’s stock.

About Travelers Companies

(Free Report)

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.

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Want to see what other hedge funds are holding TRV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Travelers Companies, Inc. (NYSE:TRVFree Report).

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

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