WBH Advisory Inc. Sells 374 Shares of The Travelers Companies, Inc. (NYSE:TRV)

WBH Advisory Inc. reduced its stake in The Travelers Companies, Inc. (NYSE:TRV) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,771 shares of the insurance provider’s stock after selling 374 shares during the period. WBH Advisory Inc.’s holdings in Travelers Companies were worth $1,872,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. YANKCOM Partnership bought a new position in shares of Travelers Companies in the fourth quarter worth $27,000. True Wealth Design LLC bought a new position in shares of Travelers Companies in the third quarter worth $41,000. Asset Planning Inc bought a new position in shares of Travelers Companies in the fourth quarter worth $44,000. Catalyst Capital Advisors LLC bought a new position in shares of Travelers Companies in the third quarter worth $50,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Travelers Companies by 581.1% in the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after acquiring an additional 215 shares during the period. 82.45% of the stock is owned by institutional investors.

Travelers Companies Stock Down 2.0 %

TRV opened at $238.25 on Monday. The company has a market cap of $54.09 billion, a P/E ratio of 11.10, a P/E/G ratio of 1.08 and a beta of 0.64. The business’s 50-day moving average price is $242.76 and its 200-day moving average price is $240.77. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the previous year, the business earned $7.01 EPS. Travelers Companies’s revenue was up 9.9% compared to the same quarter last year. On average, equities analysts expect that The Travelers Companies, Inc. will post 20.57 EPS for the current year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.76%. Travelers Companies’s dividend payout ratio is presently 19.56%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TRV. HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Tuesday, December 10th. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a research note on Wednesday, January 8th. StockNews.com lowered Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods lifted their price objective on Travelers Companies from $268.00 to $275.00 and gave the company a “market perform” rating in a research note on Monday, January 27th. Finally, BMO Capital Markets lifted their price objective on Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $260.47.

Insider Activity at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $264.80, for a total transaction of $990,352.00. Following the sale, the insider now directly owns 250,384 shares of the company’s stock, valued at approximately $66,301,683.20. The trade was a 1.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.33% of the stock is owned by company insiders.

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.