2,257 Shares in The Travelers Companies, Inc. $TRV Bought by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC bought a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,257 shares of the insurance provider’s stock, valued at approximately $745,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC grew its stake in shares of Travelers Companies by 145.7% during the first quarter. HHM Wealth Advisors LLC now owns 86 shares of the insurance provider’s stock worth $25,000 after acquiring an additional 51 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in Travelers Companies in the 1st quarter worth approximately $26,000. LifeSteps Financial Inc. purchased a new stake in Travelers Companies during the 2nd quarter worth approximately $26,000. Kilter Group LLC purchased a new stake in Travelers Companies during the 2nd quarter worth approximately $26,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Travelers Companies during the 4th quarter valued at approximately $26,000. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TRV has been the subject of a number of research analyst reports. Truist Financial raised their price target on shares of Travelers Companies from $395.00 to $425.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $356.00 price objective (up from $342.00) on shares of Travelers Companies in a report on Wednesday, July 8th. BMO Capital Markets lowered Travelers Companies from an “outperform” rating to a “market perform” rating and raised their target price for the stock from $314.00 to $379.00 in a research note on Tuesday, July 21st. Barclays raised their target price on Travelers Companies from $295.00 to $318.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. Finally, Evercore set a $329.00 price target on Travelers Companies and gave the company an “in-line” rating in a research note on Friday, July 10th. Four equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, Travelers Companies presently has an average rating of “Hold” and an average target price of $354.26.

Insider Buying and Selling at Travelers Companies

In other news, EVP Daniel Tei-Hwa Yin sold 7,153 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $387.00, for a total value of $2,768,211.00. Following the completion of the transaction, the executive vice president owned 68,834 shares of the company’s stock, valued at $26,638,758. The trade was a 9.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Mojgan M. Lefebvre sold 16,313 shares of the company’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $368.38, for a total value of $6,009,382.94. Following the completion of the sale, the executive vice president owned 9,213 shares in the company, valued at $3,393,884.94. The trade was a 63.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 52,667 shares of company stock worth $19,611,829. Insiders own 1.39% of the company’s stock.

Travelers Companies Stock Performance

TRV opened at $370.65 on Tuesday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.27. The Travelers Companies, Inc. has a 12-month low of $252.26 and a 12-month high of $398.70. The firm has a 50 day moving average of $353.55 and a two-hundred day moving average of $318.93. The firm has a market capitalization of $77.31 billion, a PE ratio of 9.93, a P/E/G ratio of 3.46 and a beta of 0.45.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Friday, July 17th. The insurance provider reported $10.04 earnings per share for the quarter, topping analysts’ consensus estimates of $5.41 by $4.63. The firm had revenue of $12.15 billion for the quarter, compared to analyst estimates of $11.26 billion. Travelers Companies had a net margin of 16.95% and a return on equity of 25.41%. The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.51 earnings per share. On average, analysts anticipate that The Travelers Companies, Inc. will post 33.82 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be paid a dividend of $1.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. Travelers Companies’s dividend payout ratio (DPR) is presently 13.39%.

About Travelers Companies

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.