Proficio Capital Partners LLC Has $367,000 Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

Proficio Capital Partners LLC boosted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,596 shares of the insurance provider’s stock after buying an additional 64 shares during the quarter. Proficio Capital Partners LLC’s holdings in Travelers Companies were worth $367,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Northwest Financial Advisors acquired a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $32,000. Private Wealth Management Group LLC bought a new position in shares of Travelers Companies in the 4th quarter valued at $39,000. Valued Wealth Advisors LLC acquired a new stake in shares of Travelers Companies during the 4th quarter valued at $40,000. OLD Second National Bank of Aurora bought a new stake in Travelers Companies during the 4th quarter worth $41,000. Finally, Opal Wealth Advisors LLC acquired a new position in Travelers Companies in the 1st quarter worth about $42,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Evercore ISI reduced their price target on Travelers Companies from $253.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, April 18th. Royal Bank of Canada restated a “sector perform” rating and issued a $225.00 price target on shares of Travelers Companies in a research report on Monday, June 24th. William Blair reiterated a “market perform” rating on shares of Travelers Companies in a report on Friday, June 28th. Oppenheimer restated a “market perform” rating on shares of Travelers Companies in a report on Friday, April 5th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $240.00 target price on shares of Travelers Companies in a report on Thursday, April 18th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $221.12.

Travelers Companies Stock Up 0.8 %

Shares of NYSE TRV traded up $1.55 during trading on Wednesday, hitting $204.69. 69,749 shares of the company traded hands, compared to its average volume of 1,365,304. 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 business’s fifty day moving average is $211.05 and its 200 day moving average is $212.64. The firm has a market capitalization of $46.87 billion, a price-to-earnings ratio of 15.09, a P/E/G ratio of 1.09 and a beta of 0.61. The Travelers Companies, Inc. has a fifty-two week low of $157.33 and a fifty-two week high of $232.75.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results 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). 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 for the quarter, compared to analyst estimates of $10.62 billion. During the same period last year, the company posted $4.11 earnings per share. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. Equities research analysts predict that The Travelers Companies, Inc. will post 17.44 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 10th were issued a $1.05 dividend. This is a boost 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 2.05%. The ex-dividend date was Monday, June 10th. Travelers Companies’s dividend payout ratio (DPR) is currently 31.20%.

Insider Activity at Travelers Companies

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the company’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the transaction, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CFO Daniel S. Frey sold 5,000 shares of the company’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $212.90, for a total transaction of $1,064,500.00. Following the completion of the sale, the chief financial officer now owns 18,515 shares in the company, valued at $3,941,843.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Frederick Klein sold 10,000 shares of the firm’s stock in a transaction 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 in the company, valued at $4,877,860.08. The disclosure for this sale can be found here. In the last 90 days, insiders sold 18,635 shares of company stock valued at $3,980,827. 1.33% of the stock is owned by company insiders.

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.