Coldstream Capital Management Inc. Purchases 630 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Coldstream Capital Management Inc. grew its stake in The Travelers Companies, Inc. (NYSE:TRV) by 14.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,032 shares of the insurance provider’s stock after acquiring an additional 630 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Travelers Companies were worth $1,191,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. FMR LLC boosted its position in Travelers Companies by 12.6% in the 3rd quarter. FMR LLC now owns 14,048,691 shares of the insurance provider’s stock worth $3,289,079,000 after purchasing an additional 1,568,909 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Travelers Companies by 356.4% in the 2nd quarter. Acadian Asset Management LLC now owns 868,563 shares of the insurance provider’s stock valued at $176,589,000 after purchasing an additional 678,241 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Travelers Companies by 23,378.8% in the third quarter. International Assets Investment Management LLC now owns 520,291 shares of the insurance provider’s stock valued at $121,811,000 after purchasing an additional 518,075 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Travelers Companies by 66.9% in the 3rd quarter. Bank of Montreal Can now owns 705,793 shares of the insurance provider’s stock worth $166,645,000 after acquiring an additional 282,884 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in shares of Travelers Companies in the 3rd quarter valued at approximately $54,988,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

TRV stock opened at $245.17 on Thursday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 1-year low of $181.03 and a 1-year high of $269.55. The business’s 50-day moving average price is $252.41 and its two-hundred day moving average price is $229.83. The firm has a market cap of $55.66 billion, a PE ratio of 12.57, a P/E/G ratio of 1.19 and a beta of 0.63.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The company had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.46 billion. During the same period last year, the firm posted $1.95 earnings per share. The business’s revenue was up 11.9% on a year-over-year basis. As a group, research analysts forecast that The Travelers Companies, Inc. will post 18.83 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.71%. The ex-dividend date is Tuesday, December 10th. Travelers Companies’s dividend payout ratio is currently 21.54%.

Insider Transactions at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 3,000 shares of the business’s stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $260.55, for a total transaction of $781,650.00. Following the sale, the insider now directly owns 250,384 shares in the company, valued at approximately $65,237,551.20. The trade was a 1.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Diane Kurtzman sold 3,941 shares of Travelers Companies stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $260.45, for a total value of $1,026,433.45. Following the sale, the executive vice president now owns 1,715 shares of the company’s stock, valued at approximately $446,671.75. This trade represents a 69.68 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 78,149 shares of company stock worth $20,295,856. Company insiders own 1.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. StockNews.com upgraded Travelers Companies from a “hold” rating to a “buy” rating in a research report on Tuesday. Royal Bank of Canada lifted their target price on Travelers Companies from $250.00 to $273.00 and gave the company a “sector perform” rating in a research note on Friday, October 18th. BMO Capital Markets lifted their price objective on Travelers Companies from $233.00 to $270.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. UBS Group increased their target price on shares of Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Finally, Hsbc Global Res upgraded shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $251.70.

About Travelers Companies

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.