Van Hulzen Asset Management LLC Decreases Holdings in The Travelers Companies, Inc. $TRV

Van Hulzen Asset Management LLC decreased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 13.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,096 shares of the insurance provider’s stock after selling 499 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Travelers Companies were worth $819,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake in Travelers Companies by 13.4% during the 4th quarter. Brighton Jones LLC now owns 3,277 shares of the insurance provider’s stock worth $789,000 after buying an additional 387 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Travelers Companies in the fourth quarter worth approximately $276,000. MML Investors Services LLC increased its position in shares of Travelers Companies by 6.2% during the fourth quarter. MML Investors Services LLC now owns 21,849 shares of the insurance provider’s stock worth $5,263,000 after purchasing an additional 1,284 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in Travelers Companies by 48.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,395 shares of the insurance provider’s stock valued at $1,299,000 after purchasing an additional 1,772 shares during the last quarter. Finally, MGO One Seven LLC raised its stake in Travelers Companies by 75.3% in the 4th quarter. MGO One Seven LLC now owns 7,975 shares of the insurance provider’s stock valued at $1,921,000 after purchasing an additional 3,425 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Up 0.5%

TRV opened at $276.3390 on Friday. The Travelers Companies, Inc. has a one year low of $218.57 and a one year high of $279.04. The stock has a market capitalization of $62.21 billion, a PE ratio of 12.22, a P/E/G ratio of 3.16 and a beta of 0.51. The business’s 50 day moving average price is $263.18 and its 200 day moving average price is $260.16. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.33 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV) last posted its earnings results on Thursday, July 17th. The insurance provider reported $6.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $2.99. Travelers Companies had a return on equity of 18.68% and a net margin of 10.97%.The company had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.02 billion. During the same quarter last year, the firm earned $2.51 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, equities research analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.6%. The ex-dividend date is Wednesday, September 10th. Travelers Companies’s payout ratio is 19.46%.

Insider Transactions at Travelers Companies

In other Travelers Companies news, EVP Gregory C. Toczydlowski sold 11,505 shares of the company’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $266.12, for a total value of $3,061,710.60. Following the transaction, the executive vice president owned 18,416 shares of the company’s stock, valued at $4,900,865.92. This represents a 38.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Avrohom J. Kess sold 23,434 shares of Travelers Companies stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $273.93, for a total transaction of $6,419,275.62. Following the sale, the insider owned 48,387 shares of the company’s stock, valued at approximately $13,254,650.91. This represents a 32.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 175,374 shares of company stock worth $47,929,912 in the last 90 days. Insiders own 1.46% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TRV shares. UBS Group lifted their target price on shares of Travelers Companies from $275.00 to $284.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Cantor Fitzgerald raised shares of Travelers Companies to a “strong-buy” rating in a research note on Wednesday, August 13th. Wall Street Zen cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Barclays downgraded shares of Travelers Companies from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $280.00 to $274.00 in a report on Monday, July 7th. Finally, Morgan Stanley set a $269.00 target price on shares of Travelers Companies and gave the stock an “equal weight” rating in a research note on Monday, May 19th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $284.56.

About Travelers Companies

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.