The Travelers Companies, Inc. (NYSE:TRV) Stock Holdings Increased by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB raised its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 106.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,163 shares of the insurance provider’s stock after buying an additional 601 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Travelers Companies were worth $280,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TRV. Wolff Wiese Magana LLC boosted its stake in shares of Travelers Companies by 39.1% during the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 45 shares in the last quarter. True Wealth Design LLC purchased a new stake in shares of Travelers Companies during the third quarter valued at $41,000. Catalyst Capital Advisors LLC acquired a new position in shares of Travelers Companies in the 3rd quarter valued at $50,000. Versant Capital Management Inc increased its stake in Travelers Companies by 581.1% in the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after purchasing an additional 215 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its stake in Travelers Companies by 22.1% during the third quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider’s stock valued at $65,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of NYSE TRV opened at $246.67 on Thursday. The business’s 50-day simple moving average is $248.81 and its 200-day simple moving average is $236.70. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.55. The firm has a market cap of $56.00 billion, a price-to-earnings ratio of 12.65, a P/E/G ratio of 1.05 and a beta of 0.65.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. The company had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10,795,375 billion. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the firm posted $7.01 earnings per share. As a group, equities research analysts expect that The Travelers Companies, Inc. will post 19 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Maria Olivo sold 10,410 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the completion of the transaction, the executive vice president now directly owns 111,162 shares in the company, valued at $29,102,211.60. The trade was a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the sale, the insider now directly owns 250,384 shares of the company’s stock, valued at $66,301,683.20. This represents a 1.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,670 shares of company stock valued at $4,861,329 in the last quarter. Insiders own 1.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Bank of America boosted their price target on shares of Travelers Companies from $241.00 to $265.00 and gave the company an “underperform” rating in a report on Thursday, October 17th. Jefferies Financial Group boosted their target price on shares of Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price for the company in a research report on Wednesday, January 8th. Barclays dropped their price target on Travelers Companies from $295.00 to $278.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Finally, UBS Group raised their price objective on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Travelers Companies has an average rating of “Hold” and a consensus price target of $255.16.

Travelers Companies 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.