Stratos Wealth Advisors LLC Has $296,000 Stock Position in The Travelers Companies, Inc. $TRV

Stratos Wealth Advisors LLC lowered its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 7.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,105 shares of the insurance provider’s stock after selling 84 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Travelers Companies were worth $296,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TRV. Valeo Financial Advisors LLC boosted its stake in shares of Travelers Companies by 71,265.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,616,826 shares of the insurance provider’s stock valued at $967,646,000 after purchasing an additional 3,611,758 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Travelers Companies in the first quarter valued at approximately $294,755,000. Bahl & Gaynor Inc. raised its holdings in shares of Travelers Companies by 41.2% in the first quarter. Bahl & Gaynor Inc. now owns 1,679,275 shares of the insurance provider’s stock valued at $444,101,000 after purchasing an additional 490,039 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Travelers Companies by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider’s stock valued at $511,631,000 after purchasing an additional 390,104 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Travelers Companies by 86.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 738,901 shares of the insurance provider’s stock valued at $197,686,000 after purchasing an additional 342,666 shares during the last quarter. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Up 0.3%

Shares of Travelers Companies stock opened at $262.31 on Monday. The Travelers Companies, Inc. has a 1 year low of $230.23 and a 1 year high of $287.95. The firm has a market cap of $58.51 billion, a PE ratio of 10.31, a P/E/G ratio of 2.51 and a beta of 0.51. The stock has a fifty day moving average price of $273.93 and a 200-day moving average price of $266.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.35 and a quick ratio of 0.35.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Thursday, October 16th. The insurance provider reported $8.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.01 by $2.13. Travelers Companies had a return on equity of 20.28% and a net margin of 12.14%.The business had revenue of $11.47 billion for the quarter, compared to analysts’ expectations of $11.15 billion. During the same period in the previous year, the business posted $5.24 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Equities research analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, December 10th. Travelers Companies’s payout ratio is 17.30%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on TRV shares. Wall Street Zen cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Sunday. Citigroup began coverage on shares of Travelers Companies in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $291.00 target price for the company. Piper Sandler boosted their price target on Travelers Companies from $320.00 to $322.00 and gave the company an “overweight” rating in a research note on Friday. Wolfe Research assumed coverage on Travelers Companies in a research note on Monday, September 15th. They set a “peer perform” rating for the company. Finally, Evercore ISI reissued an “outperform” rating on shares of Travelers Companies in a research note on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $292.47.

Insider Buying and Selling

In other Travelers Companies news, EVP Mojgan M. Lefebvre sold 16,820 shares of Travelers Companies stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $277.54, for a total value of $4,668,222.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.46% 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.