Flynn Zito Capital Management LLC Increases Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

Flynn Zito Capital Management LLC raised its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,930 shares of the insurance provider’s stock after buying an additional 151 shares during the quarter. Flynn Zito Capital Management LLC’s holdings in Travelers Companies were worth $558,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Investors Asset Management of Georgia Inc. GA ADV lifted its position in Travelers Companies by 2.2% during the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 4,611 shares of the insurance provider’s stock valued at $876,000 after buying an additional 100 shares during the period. OLD Second National Bank of Aurora purchased a new position in shares of Travelers Companies in the 4th quarter worth about $41,000. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in Travelers Companies by 40.8% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 407 shares of the insurance provider’s stock worth $78,000 after purchasing an additional 118 shares in the last quarter. Oakworth Capital Inc. boosted its stake in Travelers Companies by 47.9% in the 4th quarter. Oakworth Capital Inc. now owns 1,407 shares of the insurance provider’s stock worth $268,000 after purchasing an additional 456 shares in the last quarter. Finally, Telos Capital Management Inc. boosted its stake in Travelers Companies by 1.4% in the 4th quarter. Telos Capital Management Inc. now owns 53,167 shares of the insurance provider’s stock worth $10,128,000 after purchasing an additional 725 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TRV shares. Keefe, Bruyette & Woods dropped their price target on shares of Travelers Companies from $241.00 to $231.00 and set a “market perform” rating on the stock in a research note on Thursday. Roth Mkm reiterated a “buy” rating and issued a $240.00 price target on shares of Travelers Companies in a research note on Thursday. HSBC upped their price target on shares of Travelers Companies from $218.00 to $240.00 and gave the stock a “hold” rating in a research note on Thursday, April 4th. StockNews.com upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating in a research note on Friday, March 29th. Finally, Morgan Stanley upped their price target on shares of Travelers Companies from $222.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average target price of $218.39.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, SVP Paul E. Munson sold 2,121 shares of the stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $212.86, for a total transaction of $451,476.06. Following the completion of the sale, the senior vice president now directly owns 719 shares of the company’s stock, valued at approximately $153,046.34. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Travelers Companies news, CFO Daniel S. Frey sold 38,000 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $212.55, for a total transaction of $8,076,900.00. Following the completion of the sale, the chief financial officer now directly owns 14,810 shares of the company’s stock, valued at approximately $3,147,865.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Paul E. Munson sold 2,121 shares of the firm’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $212.86, for a total value of $451,476.06. Following the completion of the sale, the senior vice president now owns 719 shares of the company’s stock, valued at $153,046.34. The disclosure for this sale can be found here. Insiders sold a total of 109,775 shares of company stock valued at $23,343,903 in the last three months. 1.33% of the stock is currently owned by corporate insiders.

Travelers Companies Stock Performance

Shares of NYSE TRV traded up $3.84 during midday trading on Thursday, hitting $210.42. 1,984,069 shares of the company’s stock traded hands, compared to its average volume of 1,492,870. The firm has a fifty day moving average of $221.87 and a 200 day moving average of $196.17. The stock has a market capitalization of $48.21 billion, a price-to-earnings ratio of 16.32, a price-to-earnings-growth ratio of 1.17 and a beta of 0.58. The Travelers Companies, Inc. has a 1 year low of $157.33 and a 1 year high of $232.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.34 and a current ratio of 0.34.

Travelers Companies (NYSE:TRV) last released its earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). The firm had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.62 billion. Travelers Companies had a return on equity of 13.68% and a net margin of 7.23%. The company’s revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company posted $4.11 earnings per share. On average, analysts forecast that The Travelers Companies, Inc. will post 17.64 earnings per share for the current year.

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 10th will be issued a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 2.00%. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.00. Travelers Companies’s dividend payout ratio is currently 31.27%.

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.