The Sell-Side Reaction To The Travelers Companies, Inc. (TRV)'s Recent Shift

Capital Wealth Planning Llc sold 7,430 shares as The Travelers Companies Inc (TRV)'s stock declined 0.95%. After this trade, the chief operating officer has an ownership of 210,602 stocks in the company, assessed at roughly $25,274,346.02. First Personal Financial Services increased its position in shares of The Travelers Companies by 133.3% in the first quarter. Bartlett & Co. LLC increased its position in shares of The Travelers Companies by 30.0% in the first quarter. FMR LLC boosted its position in The Travelers Companies by 15.2% in the fourth quarter. AQR Capital Management LLC now owns 2,765,369 shares of the insurance provider's stock worth $338,536,000 after buying an additional 101,889 shares in the last quarter. Community Bank N.A. increased its stake in The Travelers Companies by 39.0% in the first quarter. FMR LLC now owns 4,641,972 shares of the insurance provider's stock valued at $568,270,000 after buying an additional 611,076 shares during the last quarter. The correct version of this piece can be read at https://www.com-unik.info/2017/07/15/stephens-inc-ar-raises-position-in-the-travelers-companies-inc-trv.html.

Other hedge funds have also recently bought and sold shares of the company. The Travelers Companies, Inc. has a 52-week low of 103.45 and a 52-week high of 129.60. (TRV) jumped 0.16 percent and ended the day at $125.25.

The stock last traded at $125.41 which is just over $124.75, the 50 day moving average and marginally over the 200 day moving average of $121.62. The stock of Travelers Companies Inc (NYSE:TRV) earned "Outperform" rating by BMO Capital Markets on Monday, December 12. Lastly, BidaskClub lifted The Travelers Companies from a "hold" recommendation to a "buy" recommendation in a analysis note on Saturday, Jun 17th. Wood maintained Travelers Companies Inc (NYSE:TRV) on Friday, May 26 with "Hold" rating. The insurance provider reported $2.16 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.40 by $0.24. The company had revenue of $6.18 billion for the quarter, compared to the consensus estimate of $6.25 billion. Investors has also seen a return of equity of 12.20%. The firm's revenue was up 3.4% on a year-over-year basis. IL reduced its position in shares of The Travelers Companies, Inc.

The company also recently announced a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Friday, June 9th were paid a $0.72 dividend. Four financial stock experts recommended the company shares with a sell recommendation, six has issued a hold recommendation and around seven has issued a buy recommendation to The corporation. the share presently has a average recommendation of "Hold" and an consensus price target of $122.86. The ex-dividend date was Wednesday, June 7th. The Travelers Companies's dividend payout ratio (DPR) is 28.40%. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of US and global copyright & trademark laws. "(NYSE:TRV) Shares Bought by Trust Co. of Toledo NA OH" was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of United States & global copyright legislation. On average, analysts predict that The Travelers Companies will post $9.18 earnings per share for the current year. Recently, the stock has been noticed trading -1.28% away from the 20-day moving average. Citigroup upgraded the stock to "Buy" rating in Thursday, December 1 report. In analysts note revealed to clients and investors on Thursday morning, Citigroup reiterated their Buy rating on shares of TRV. Argus raised shares of The Travelers Companies from a "hold" rating to a "buy" rating and set a $132.00 target price on the stock in a research report on Monday, April 24th.

The Travelers Companies (NYSE:TRV) previously disclosed its earnings report on Early Thur, Apr 20th.

The Travelers Companies, (NYSE:TRV)'s had a "underweight" recommendation reissued by equities researchers at Morgan Stanley in a study note released on early Friday. The Travelers Companies now has a consensus rating of Hold and an average price target of $123.47. The shares were sold at an average price of $121.60, for a total value of $1,140,486.40. The transaction related to this sale was declared in a transaction filed with the SEC which is accessible through this hyperlink.

In related news, EVP John P. Clifford, Jr. sold 5,500 shares of the stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $128.72, for a total transaction of $710,276.96. Following the completion of the sale, the insider now owns 82,824 shares in the company, valued at $10,661,105.28. The disclosure for this sale can be found here. Morgan Stanley's target price indicates a possible drop of 5.38% from the firms prior close.

Cullen Capital Management Llc decreased The Travelers Companies Inc. The Company operates through three segments: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance services and products.

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