close
close

Travelers Companies (TRV) – Research Analysts’ Weekly Rating Changes

Travelers Companies (TRV) – Research Analysts’ Weekly Rating Changes


A number of research firms have changed their ratings and price targets Travel Companies (NYSE:TRV):

  • 7/6/2024 – Travelers Companies upgraded by analysts StockNews.com From “hold” rating to “buy” rating.
  • 06/28/2024 – The “sell” rating on Travelers Companies was reaffirmed by analysts at Citigroup Inc. They currently have a $200.00 price target on the stock, down from $226.00.
  • 06/28/2024 – Travelers Companies’ “market perform” rating was reaffirmed by William Blair analysts.
  • 06/28/2024 – Travelers Companies downgraded by analysts StockNews.com From “buy” rating to “hold” rating.
  • 06/24/2024 – Travelers Companies’ “Sector Perform” rating was reaffirmed by analysts at Royal Bank of Canada. They currently have a $225.00 price target on the stock.
  • 06/20/2024 – Travelers Companies downgraded by analysts StockNews.com From “buy” rating to “hold” rating.
  • 10/6/2024 – Travelers Companies downgraded by analysts StockNews.com From “buy” rating to “hold” rating.

Travelers Companies Drop 0.5%

Shares TRV stock It opened at $203.13 on Wednesday. The company’s debt-to-equity ratio is 0.32, liquidity ratio is 0.34 and current ratio is 0.34. Travelers Companies, Inc. has a 52-week low of $157.33 and a 52-week high of $232.75. The company has a market cap of $46.52 billion, a P/E ratio of 15.09, a price-to-earnings-growth ratio of 1.08 and a beta of 0.61. The business’s fifty-day moving average is $211.05 and its 200-day moving average is $212.64.

Travel Companies (NYSE:TRVGet a Free Report) last released its quarterly earnings data on Wednesday, April 17. The insurance provider reported $4.69 earnings per share (EPS) 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 business had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.62 billion. In the same quarter last year, the business reported EPS of $4.11. The company’s quarterly revenue was up 15.7% from the prior year. On average, equities research analysts predict that The Travelers Companies, Inc. will report EPS of 17.44 for the current fiscal year.

Travelers Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28. Shareholders of record on Monday, June 10 were given a dividend of $1.05 per share. This is an increase from Travelers Companies’ previous quarterly dividend of $1.00. The ex-dividend date was Monday, June 10. This translates to an annualized dividend of $4.20 and a yield of 2.07%. Travelers Companies’ dividend payout ratio (DPR) is currently 31.20%.

Insider Trading at Travelers Companies

In other Travelers Companies news, EVP Michael Frederick Klein On Tuesday, he sold 10,000 shares of the firm’s stock in a transaction dated April 23. The shares were sold for an average price of $213.96, for a total transaction of $2,139,600.00. Following the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,877,860.08. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available at SEC website. In other news, EVP Jeffrey P. Klenk sold 3,635 shares of the company’s stock in a transaction dated Wednesday, May 1. The shares were sold for an average price of $213.68, for a total transaction of $776,726.80. Following the transaction, the executive vice president now directly owns 6,075 shares of the company’s stock, valued at $1,298,106. The sale was disclosed in a legal filing with the Securities and Exchange Commission, which can be accessed at this linkAlso, EVP Michael Frederick Klein He sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 23. The shares were sold for 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 $4,877,860.08. A disclosure regarding this sale can be found at Here. Insiders have sold 18,635 shares of company stock worth $3,980,827 in the last 90 days. Insiders own 1.33% of the company’s stock.

Institutional Entries and Exits

Institutional investors and hedge funds have recently modified their holdings in the stock. Northwest Financial Advisors purchased a new position in shares of Travelers Companies in the fourth quarter worth about $32,000. Pathway Financial Advisers LLC purchased a new share of Travelers Companies in the first quarter worth about $35,000. Beacon Capital Management LLC increased its stake in shares of Travelers Companies by 74.2% in the first quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider worth $36,000 after purchasing an additional 66 shares in the last quarter. Private Wealth Management Group LLC purchased a new share of Travelers Companies in the fourth quarter worth about $39,000. Finally, Valued Wealth Advisors LLC purchased a new share of Travelers Companies in the fourth quarter worth about $40,000. Institutional investors own 82.45% of the stock.

Travelers Companies, Inc., through its subsidiaries, provides a variety of commercial and personal property and casualty insurance products and services to businesses, government entities, associations and individuals in the United States and internationally. The company operates through three segments: Commercial Insurance, Bonds and Specialty Insurance, and Personal Insurance.

see also



Get News and Ratings for The Travelers Companies Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for The Travelers Companies Inc and related companies affiliated with MarketBeat.com’s FREE daily email newsletter.

(tags to translate)The Travelers Companies Inc