Union Savings Bank Has $1.09 Million Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Union Savings Bank decreased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,543 shares of the insurance provider’s stock after selling 181 shares during the quarter. Union Savings Bank’s holdings in Travelers Companies were worth $1,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRV. Wolff Wiese Magana LLC increased its stake in shares of Travelers Companies by 39.1% in the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 45 shares during the last quarter. True Wealth Design LLC acquired a new position in Travelers Companies during the third quarter valued at approximately $41,000. Catalyst Capital Advisors LLC bought a new stake in Travelers Companies in the third quarter valued at approximately $50,000. Versant Capital Management Inc increased its stake 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 in the last quarter. Finally, Salomon & Ludwin LLC raised its holdings in Travelers Companies by 22.1% in the third 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.

Insider Activity at Travelers Companies

In other news, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction dated 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 transaction, the insider now owns 250,384 shares of the company’s stock, valued at $66,301,683.20. This trade represents a 1.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Andy F. Bessette sold 4,520 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $253.46, for a total transaction of $1,145,639.20. Following the transaction, the executive vice president now owns 16,976 shares in the company, valued at $4,302,736.96. This represents a 21.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,684 shares of company stock valued at $8,728,319. 1.33% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TRV has been the subject of a number of recent analyst reports. Hsbc Global Res upgraded shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a report on Thursday, January 9th. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target on the stock in a research report on Wednesday, January 8th. Roth Mkm boosted their price objective on Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Barclays dropped their target price on shares of Travelers Companies from $295.00 to $278.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $254.65.

Travelers Companies Price Performance

NYSE:TRV opened at $239.65 on Monday. The Travelers Companies, Inc. has a 52-week low of $195.57 and a 52-week high of $269.55. The company has a market cap of $54.41 billion, a P/E ratio of 12.29, a P/E/G ratio of 1.01 and a beta of 0.65. 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 stock’s 50-day simple moving average is $249.57 and its 200 day simple moving average is $235.96.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping the consensus estimate of $3.79 by $1.45. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.46 billion. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.95 EPS. As a group, sell-side analysts forecast that The Travelers Companies, Inc. will post 18.94 EPS for the current fiscal year.

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.