The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Prudential Financial Inc

The Travelers Companies, Inc. has 274.7 million shares outstanding, and in the last trade has seen ATR around 2.08. FMR LLC grew its position in shares of The Travelers Companies by 42.1% during the first quarter. Blume Capital Management Inc. now owns 1,317 shares of the company's stock valued at $151,000 after buying an additional 37 shares during the period. Acropolis Investment Management LLC's holdings in Travelers Companies were worth $2,934,000 at the end of the most recent quarter. Following the transaction, the insider now owns 93,872 shares in the company, valued at approximately $12,204,298.72.

11/17/2016 - The Travelers Companies, Inc. was downgraded to "underperform" by analysts at William Blair. Essex Financial Services Inc. now owns 6,373 shares of the insurance provider's stock valued at $806,000 after purchasing an additional 683 shares during the period. (Under Special Management) holds 2.65% of its portfolio in Ormat Technologies, Inc. for 679,326 shares. Hedge funds and other institutional investors own 77.48% of the company's stock. The stock has "Neutral" rating by UBS on Tuesday, September 19. The shares were sold at an average price of $128.50, for a total value of $424,050.00. (NYSE:TRV) sales have annually surged 1.70% on average, however its earnings per share growth remained at 25.00%. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Their average price target spell out an upbeat performance - a 3% and would give TRV a market capitalization of almost $34.59B. Following the completion of the transaction, the executive vice president now directly owns 28,452 shares of the company's stock, valued at approximately $3,678,843.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 130,408 shares of company stock valued at $15,539,032.

A number of analysts have weighed in on TRV shares. Zacks Investment Research downgraded shares of The Travelers Companies from a "hold" rating to a "sell" rating in a report on Tuesday, September 5th.

The Travelers Companies, Inc. most recently reported earnings per share (EPS) of $1.92 for the June 2017 versus $2.2 in the same quarter past year, representing -13% growth. The rating was maintained by RBC Capital Markets on Friday, January 22 with "Outperform". Finally, Goldman Sachs Group Inc cut shares of Travelers Companies from a "neutral" rating to a "sell" rating and decreased their price objective for the stock from $116.00 to $107.00 in a research report on Tuesday, January 10th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. The Travelers Companies now has a consensus rating of "Hold" and an average target price of $126.18. (NYSE:TRV) slipped over -0.08% at $122.57, after hitting low of $122.24 in an intra-day trade.

The Travelers Companies, Inc. has a beta of 0.41, offering the possibility of a higher rate of return, but also posing more risk. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. The stock's 50-day moving average price is $121.99 and its 200 day moving average price is $117.07.

The Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, July 20th. The insurance provider reported $1.92 EPS for the quarter, missing the consensus estimate of $2.07 by ($0.15). Ems Capital Lp who had been investing in Jd Com Inc for a number of months, seems to be bullish on the $57.48B market cap company. The Travelers Companies had a net profit margin of 10.15% and a ROE of 11.68%. The firm's quarterly revenue was up 4.7% on a year-over-year basis. Over the a year ago Company's shares have been trading in the range of $103.45 and $130.37. Analysts anticipate that The Travelers Companies, Inc. will post $7.67 earnings per share for the current fiscal year. The rating was upgraded by Argus Research on Monday, April 24 to "Buy". This repurchase authorization permits the insurance provider to buy shares of its stock through open market purchases. Investors of record on Friday, September 8th will be given a dividend of $0.72 per share. This represents a $2.68 annualized dividend and a yield of 2.22%. "(TRV) Ex-Dividend Date Scheduled for September ..." on September 06, 2017. The Travelers Companies's payout ratio is presently 28.77%.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & global copyright & trademark law. Travelers Companies Inc (NYSE:TRV) has risen 9.71% since September 27, 2016 and is uptrending. The percentage of shares being held by the company management was 0.9% while institutional stake was 100%.

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