Voya Financial Advisors Inc. Sells 263 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Voya Financial Advisors Inc. lessened its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,688 shares of the insurance provider’s stock after selling 263 shares during the quarter. Voya Financial Advisors Inc.’s holdings in The Travelers Companies were worth $791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the business. BlackRock Inc. grew its stake in The Travelers Companies by 1.4% in the 4th quarter. BlackRock Inc. now owns 20,322,232 shares of the insurance provider’s stock valued at $2,852,632,000 after purchasing an additional 276,148 shares during the period. FMR LLC lifted its position in shares of The Travelers Companies by 5.9% during the 4th quarter. FMR LLC now owns 14,008,408 shares of the insurance provider’s stock valued at $1,966,361,000 after buying an additional 784,637 shares during the last quarter. Clearbridge Investments LLC lifted its position in shares of The Travelers Companies by 13.5% during the 4th quarter. Clearbridge Investments LLC now owns 5,024,371 shares of the insurance provider’s stock valued at $705,271,000 after buying an additional 597,963 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of The Travelers Companies by 591.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,219,706 shares of the insurance provider’s stock valued at $451,950,000 after buying an additional 2,754,283 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of The Travelers Companies by 0.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,004,411 shares of the insurance provider’s stock valued at $421,694,000 after buying an additional 28,268 shares during the last quarter. Hedge funds and other institutional investors own 81.82% of the company’s stock.

NYSE:TRV opened at $152.29 on Thursday. The business’s 50-day moving average price is $151.21 and its two-hundred day moving average price is $136.28. The Travelers Companies, Inc. has a twelve month low of $85.10 and a twelve month high of $161.18. The stock has a market cap of $38.41 billion, a P/E ratio of 17.40, a PEG ratio of 2.06 and a beta of 0.77. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.25.

The Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 20th. The insurance provider reported $4.91 earnings per share for the quarter, beating the consensus estimate of $3.18 by $1.73. The Travelers Companies had a return on equity of 8.63% and a net margin of 7.13%. The firm had revenue of $8.35 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter last year, the firm posted $3.32 EPS. On average, equities research analysts expect that The Travelers Companies, Inc. will post 8.54 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Wednesday, March 10th were issued a $0.85 dividend. The ex-dividend date was Tuesday, March 9th. This represents a $3.40 annualized dividend and a dividend yield of 2.23%. The Travelers Companies’s payout ratio is currently 35.42%.

A number of brokerages have recently commented on TRV. MKM Partners upped their price target on The Travelers Companies from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, March 18th. Royal Bank of Canada upped their price target on The Travelers Companies from $122.00 to $156.00 and gave the company a “sector perform” rating in a research report on Friday, January 22nd. They noted that the move was a valuation call. Barclays upped their price target on The Travelers Companies from $155.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, March 30th. Deutsche Bank Aktiengesellschaft increased their price objective on The Travelers Companies from $130.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, January 25th. Finally, Argus increased their price objective on The Travelers Companies from $138.00 to $156.00 and gave the stock a “buy” rating in a report on Monday, January 25th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $149.38.

In other news, Vice Chairman William H. Heyman sold 4,500 shares of the stock in a transaction dated Wednesday, February 24th. The stock was sold at an average price of $150.50, for a total transaction of $677,250.00. Following the transaction, the insider now directly owns 248,261 shares in the company, valued at approximately $37,363,280.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman William H. Heyman sold 4,000 shares of the stock in a transaction dated Monday, January 25th. The shares were sold at an average price of $146.25, for a total value of $585,000.00. Following the transaction, the insider now owns 243,746 shares in the company, valued at $35,647,852.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 94,976 shares of company stock worth $13,945,178. Insiders own 0.80% of the company’s stock.

The Travelers Companies Company 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.

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

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