AG2R LA Mondiale Gestion D Actifs increased its position in shares of The Travelers Companies, Inc. (NYSE:TRV – Free Report) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,766 shares of the insurance provider’s stock after buying an additional 181 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Travelers Companies were worth $2,345,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Travelers Companies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 21,733,556 shares of the insurance provider’s stock valued at $5,747,656,000 after purchasing an additional 115,808 shares during the period. Valeo Financial Advisors LLC increased its position 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 buying an additional 3,611,758 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Travelers Companies by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,403,539 shares of the insurance provider’s stock worth $899,988,000 after purchasing an additional 25,573 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Travelers Companies by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,934,625 shares of the insurance provider’s stock worth $511,631,000 after purchasing an additional 390,104 shares in the last quarter. Finally, Bahl & Gaynor Inc. grew its holdings in shares of Travelers Companies by 41.2% in the 1st quarter. Bahl & Gaynor Inc. now owns 1,679,275 shares of the insurance provider’s stock valued at $444,101,000 after acquiring an additional 490,039 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors.
Insider Transactions at Travelers Companies
In related news, EVP Mojgan M. Lefebvre sold 16,820 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $277.54, for a total value of $4,668,222.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.46% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Research Report on Travelers Companies
Travelers Companies Trading Up 0.3%
Shares of TRV stock opened at $269.98 on Friday. The company’s fifty day simple moving average is $274.13 and its two-hundred day simple moving average is $267.21. The stock has a market capitalization of $60.22 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 2.44 and a beta of 0.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.35 and a quick ratio of 0.35. The Travelers Companies, Inc. has a 1 year low of $230.23 and a 1 year high of $287.95.
Travelers Companies (NYSE:TRV – Get Free Report) last released its quarterly earnings results on Thursday, October 16th. The insurance provider reported $8.14 EPS for the quarter, beating analysts’ consensus estimates of $6.01 by $2.13. The firm had revenue of $11.47 billion during the quarter, compared to analyst estimates of $11.15 billion. Travelers Companies had a net margin of 12.14% and a return on equity of 20.28%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $5.24 EPS. As a group, analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.
Travelers Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 10th will be given a $1.10 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $4.40 annualized dividend and a yield of 1.6%. Travelers Companies’s payout ratio is 17.30%.
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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