Travelers Companies Inc. (NYSE: TRV) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Travelers Reports Excellent Fourth Quarter 2023 Results.

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Stocks Info

Travelers Companies Inc. is listed on the NYSE as a member of the Financial sector and is a part of the Insurance – Property & Casualty industry. The current market capitalization of Travelers Companies Inc. is $48.27B. A total of 1.42 million shares were traded on the day, compared to an average of 1.43M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, TRV has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 3,992 shares. Over the last 12 months, there were 42 BUYs and 40 SELLs from insiders. Insiders purchased 435,421 shares during that period but sold 364,008.

In the most recent transaction, OLIVO MARIA sold 10,553 shares of TRV for 212.93 per share on Jan 30. After the transaction, the EVP, Strat Dev & Pres Intl now owns 103,443 company shares. In a previous transaction on Jan 30, HEYMAN WILLIAM H sold 2,500 shares at 213.54 per share. TRV shares that Vice Chairman owns now total 255,178.

Among the insiders who sold shares, Toczydlowski Gregory C disposed of 45,591 shares on Jan 26 at a per-share price of $211.67. This resulted in the EVP & President, Business Ins. holding 18,416 shares of TRV after the transaction. In another insider transaction, Kurtzman Diane sold 3,000 shares at $211.02 per share on Jan 25. Company shares held by the EVP & Chief HR Officer now total 2,215.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Travelers Companies Inc. pays an annual dividend of $4.15, resulting in a dividend yield of 1.96%, and it has a price to earnings (P/E) ratio of 16.47. TRV’s most recent ex-dividend date was 3/7/2024 when it declared a $1.00 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/7/2023. The TRV stock dividend was $1.00 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for TRV in the last 3 months, the mean price target is $219.32 with high estimates of $247.00 and low estimates of $186.00. In terms of 52-week highs and lows, TRV has a high of $215.21 and a low of $157.33.

As of this writing, TRV has an earnings estimate of $TC Energy Corporation per share for the current quarter. EPS was calculated based on a consensus of The Travelers Companies, Inc. estimates, with a high estimate of $Direxion Daily 20-Year Treasury per share and a lower estimate of $Direxion Daily Real Estate Bear.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TRV’s latest balance sheet shows that the firm has $82.41B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $109.21, while its Total Shareholder’s Equity was $28.89B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRV is Buy with a score of 3.41.

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