West Coast Financial LLC Has $348,000 Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

West Coast Financial LLC boosted its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 25.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,511 shares of the insurance provider’s stock after purchasing an additional 302 shares during the period. West Coast Financial LLC’s holdings in Travelers Companies were worth $348,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TRV. Vanguard Group Inc. raised its holdings in Travelers Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 21,693,069 shares of the insurance provider’s stock valued at $4,132,313,000 after buying an additional 148,012 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Travelers Companies by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,124,066 shares of the insurance provider’s stock valued at $595,075,000 after buying an additional 154,886 shares in the last quarter. Norges Bank bought a new position in Travelers Companies during the fourth quarter valued at about $282,593,000. Charles Schwab Investment Management Inc. raised its holdings in Travelers Companies by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,435,924 shares of the insurance provider’s stock valued at $273,529,000 after buying an additional 40,114 shares in the last quarter. Finally, Boston Partners increased its stake in shares of Travelers Companies by 42.5% in the fourth quarter. Boston Partners now owns 1,192,008 shares of the insurance provider’s stock worth $227,175,000 after purchasing an additional 355,489 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Transactions at Travelers Companies

In other news, CFO Daniel S. Frey sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total value of $1,064,500.00. Following the transaction, the chief financial officer now directly owns 18,515 shares of the company’s stock, valued at approximately $3,941,843.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Daniel S. Frey sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total value of $1,064,500.00. Following the transaction, the chief financial officer now directly owns 18,515 shares of the company’s stock, valued at approximately $3,941,843.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction on Tuesday, April 23rd. The stock was 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 approximately $4,877,860.08. The disclosure for this sale can be found here. Insiders have sold 18,635 shares of company stock valued at $3,980,827 in the last three months. 1.33% of the stock is owned by corporate insiders.

Travelers Companies Stock Down 1.1 %

NYSE TRV opened at $208.72 on Wednesday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average is $212.77 and its two-hundred day moving average is $211.25. The company has a market capitalization of $47.79 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 1.12 and a beta of 0.62. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $232.75.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.06). The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.62 billion. Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.11 earnings per share. Equities analysts forecast that The Travelers Companies, Inc. will post 17.59 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 issued a $1.05 dividend. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a dividend yield of 2.01%. The ex-dividend date is Monday, June 10th. Travelers Companies’s payout ratio is presently 31.20%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TRV. StockNews.com lowered Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, June 20th. The Goldman Sachs Group lifted their price objective on Travelers Companies from $186.00 to $212.00 and gave the stock a “sell” rating in a research note on Friday, April 12th. HSBC lifted their price objective on Travelers Companies from $218.00 to $240.00 and gave the stock a “hold” rating in a research note on Thursday, April 4th. Evercore ISI dropped their price objective on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, April 18th. Finally, UBS Group dropped their price objective on Travelers Companies from $237.00 to $230.00 and set a “neutral” rating on the stock in a research note on Monday, April 22nd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $222.65.

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.