Donaldson Capital Management LLC Raises Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Donaldson Capital Management LLC lifted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 3.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,845 shares of the insurance provider’s stock after buying an additional 57 shares during the quarter. Donaldson Capital Management LLC’s holdings in Travelers Companies were worth $425,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. AE Wealth Management LLC boosted its stake in shares of Travelers Companies by 5.7% during the 3rd quarter. AE Wealth Management LLC now owns 5,019 shares of the insurance provider’s stock worth $820,000 after acquiring an additional 271 shares in the last quarter. IFP Advisors Inc increased its position in shares of Travelers Companies by 14.0% in the third quarter. IFP Advisors Inc now owns 1,300 shares of the insurance provider’s stock valued at $212,000 after buying an additional 160 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of Travelers Companies by 14.2% during the 3rd quarter. Global Retirement Partners LLC now owns 850 shares of the insurance provider’s stock worth $138,000 after buying an additional 106 shares during the last quarter. Ballast Inc. boosted its position in shares of Travelers Companies by 1.8% in the 3rd quarter. Ballast Inc. now owns 6,781 shares of the insurance provider’s stock worth $1,107,000 after buying an additional 123 shares in the last quarter. Finally, Oak Thistle LLC grew its stake in Travelers Companies by 132.4% in the 3rd quarter. Oak Thistle LLC now owns 6,971 shares of the insurance provider’s stock valued at $1,138,000 after acquiring an additional 3,971 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Insider Transactions at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 2,500 shares of the stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $213.54, for a total transaction of $533,850.00. Following the transaction, the insider now directly owns 255,178 shares in the company, valued at approximately $54,490,710.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Daniel S. Frey sold 38,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total value of $8,076,900.00. Following the completion of the sale, the chief financial officer now directly owns 14,810 shares in the company, valued at approximately $3,147,865.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 2,500 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $213.54, for a total value of $533,850.00. Following the transaction, the insider now owns 255,178 shares in the company, valued at $54,490,710.12. The disclosure for this sale can be found here. Over the last quarter, insiders sold 80,734 shares of company stock valued at $17,208,404. 1.33% of the stock is currently owned by corporate insiders.

Travelers Companies Stock Down 0.3 %

Shares of TRV stock traded down $0.54 during trading hours on Friday, reaching $213.45. The company had a trading volume of 1,706,046 shares, compared to its average volume of 1,389,936. The company has a market capitalization of $48.88 billion, a P/E ratio of 15.86, a price-to-earnings-growth ratio of 1.11 and a beta of 0.58. The Travelers Companies, Inc. has a twelve month low of $157.33 and a twelve month high of $232.75. The stock’s fifty day simple moving average is $221.50 and its 200 day simple moving average is $198.41. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 EPS for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.62 billion. During the same quarter in the prior year, the firm earned $4.11 EPS. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. As a group, sell-side analysts expect that The Travelers Companies, Inc. will post 17.74 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 10th will be paid a dividend of $1.05 per share. This is a boost from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Friday, June 7th. Travelers Companies’s dividend payout ratio is 29.72%.

Wall Street Analyst Weigh In

TRV has been the topic of several recent research reports. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. increased their target price on Travelers Companies from $194.00 to $213.00 and gave the company an “underweight” rating in a report on Monday, April 8th. Raymond James boosted their price target on Travelers Companies from $220.00 to $245.00 and gave the stock a “strong-buy” rating in a report on Monday, January 22nd. Oppenheimer reiterated a “market perform” rating on shares of Travelers Companies in a research report on Friday, April 5th. Finally, UBS Group decreased their price objective on Travelers Companies from $237.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, April 22nd. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Travelers Companies presently has an average rating of “Hold” and a consensus target price of $223.47.

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.