Wealthcare Advisory Partners LLC Acquires 254 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Wealthcare Advisory Partners LLC raised its stake in shares of The Travelers Companies, Inc. (NYSE:TRVFree Report) by 19.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,589 shares of the insurance provider’s stock after acquiring an additional 254 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Travelers Companies were worth $383,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Wolff Wiese Magana LLC grew its holdings in shares of Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock valued at $37,000 after buying an additional 45 shares during the last quarter. True Wealth Design LLC acquired a new stake in shares of Travelers Companies in the third quarter worth $41,000. Catalyst Capital Advisors LLC acquired a new position in Travelers Companies during the third quarter valued at $50,000. Versant Capital Management Inc boosted its holdings in Travelers Companies by 581.1% in the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after purchasing an additional 215 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its position in Travelers Companies by 22.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider’s stock worth $65,000 after purchasing an additional 50 shares during the period. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Price Performance

Travelers Companies stock opened at $239.65 on Tuesday. The company has a fifty day simple moving average of $249.57 and a 200-day simple moving average of $236.18. The firm has a market capitalization of $54.41 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 1.01 and a beta of 0.65. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 52-week low of $195.57 and a 52-week high of $269.55.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Jefferies Financial Group boosted their price objective on Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Royal Bank of Canada upped their price objective on Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a research report on Friday, October 18th. Keefe, Bruyette & Woods dropped their price objective on shares of Travelers Companies from $273.00 to $268.00 and set a “market perform” rating on the stock in a research note on Friday, January 10th. Piper Sandler decreased their target price on shares of Travelers Companies from $280.00 to $259.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, HSBC upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Tuesday, December 10th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Travelers Companies has a consensus rating of “Hold” and an average target price of $254.65.

View Our Latest Analysis on TRV

Insider Buying and Selling

In other Travelers Companies news, EVP Andy F. Bessette sold 4,520 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $253.46, for a total value of $1,145,639.20. Following the completion of the sale, the executive vice president now directly owns 16,976 shares of the company’s stock, valued at $4,302,736.96. This trade represents a 21.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the transaction, the insider now directly owns 250,384 shares in the company, valued at approximately $66,301,683.20. The trade was a 1.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 30,684 shares of company stock worth $7,946,669. 1.33% of the stock is owned by insiders.

About Travelers Companies

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

Receive News & Ratings for Travelers Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelers Companies and related companies with MarketBeat.com's FREE daily email newsletter.