Valley Brook Capital Group Inc. Sells 200 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Valley Brook Capital Group Inc. trimmed its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,927 shares of the insurance provider’s stock after selling 200 shares during the period. Valley Brook Capital Group Inc.’s holdings in Travelers Companies were worth $367,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. First Command Advisory Services Inc. purchased a new stake in Travelers Companies in the 3rd quarter worth approximately $26,000. AM Squared Ltd boosted its holdings in Travelers Companies by 100.0% in the third quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 100 shares in the last quarter. Valued Wealth Advisors LLC bought a new stake in Travelers Companies in the fourth quarter valued at $40,000. OLD Second National Bank of Aurora purchased a new position in Travelers Companies during the 4th quarter valued at $41,000. Finally, Operose Advisors LLC bought a new position in Travelers Companies in the 3rd quarter worth $43,000. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TRV has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Travelers Companies from $194.00 to $213.00 and gave the company an “underweight” rating in a research report on Monday, April 8th. TD Cowen decreased their target price on Travelers Companies from $261.00 to $252.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Roth Mkm restated a “buy” rating and issued a $240.00 target price on shares of Travelers Companies in a research note on Thursday, April 18th. HSBC upped their price target on Travelers Companies from $218.00 to $240.00 and gave the stock a “hold” rating in a research note on Thursday, April 4th. Finally, The Goldman Sachs Group upped their price objective on shares of Travelers Companies from $186.00 to $212.00 and gave the stock a “sell” rating in a report on Friday, April 12th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $223.47.

Insider Activity

In related news, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total value of $2,139,600.00. Following the transaction, the executive vice president now owns 22,798 shares of the company’s stock, valued at $4,877,860.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total value of $2,139,600.00. Following the transaction, the executive vice president now directly owns 22,798 shares in the company, valued at $4,877,860.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Daniel S. Frey sold 38,000 shares of the stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the completion of the transaction, the chief financial officer now owns 14,810 shares in the company, valued at $3,147,865.50. The disclosure for this sale can be found here. Insiders sold 56,635 shares of company stock valued at $12,057,727 in the last quarter. 1.33% of the stock is currently owned by insiders.

Travelers Companies Stock Performance

Shares of TRV traded down $0.52 during mid-day trading on Friday, hitting $213.85. 1,298,445 shares of the company traded hands, compared to its average volume of 1,525,222. The Travelers Companies, Inc. has a 1 year low of $157.33 and a 1 year high of $232.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34. The stock has a 50-day moving average price of $220.82 and a two-hundred day moving average price of $200.58. The stock has a market cap of $48.97 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 1.11 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.62 billion. During the same period in the previous year, the company earned $4.11 earnings per share. Travelers Companies’s quarterly revenue was up 15.7% compared to the same quarter last year. Equities analysts anticipate that The Travelers Companies, Inc. will post 17.71 earnings per share for the current year.

Travelers Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be paid a dividend of $1.05 per share. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, June 7th. Travelers Companies’s payout ratio is currently 29.72%.

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.