The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. boosted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 50,738 shares of the insurance provider’s stock after acquiring an additional 344 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Travelers Companies were worth $12,222,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp grew its stake in Travelers Companies by 0.8% in the 3rd quarter. State Street Corp now owns 15,566,941 shares of the insurance provider’s stock valued at $3,644,532,000 after acquiring an additional 120,228 shares during the period. FMR LLC lifted its holdings in Travelers Companies by 12.6% in the 3rd quarter. FMR LLC now owns 14,048,691 shares of the insurance provider’s stock valued at $3,289,079,000 after purchasing an additional 1,568,909 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Travelers Companies by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider’s stock valued at $1,187,865,000 after purchasing an additional 114,714 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Travelers Companies by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,496,652 shares of the insurance provider’s stock worth $350,396,000 after acquiring an additional 10,285 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Travelers Companies by 4.0% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,085,635 shares of the insurance provider’s stock valued at $254,169,000 after buying an additional 41,683 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Buying and Selling

In other news, Vice Chairman William H. Heyman sold 3,740 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the transaction, the insider now owns 250,384 shares in the company, valued at $66,301,683.20. This trade represents a 1.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Maria Olivo sold 10,410 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the transaction, the executive vice president now owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. This represents a 8.56 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TRV shares. Wells Fargo & Company lifted their target price on Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a research report on Thursday, January 23rd. Barclays lifted their target price on Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a research report on Wednesday, January 8th. StockNews.com downgraded Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Finally, Piper Sandler raised Travelers Companies from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $259.00 to $310.00 in a research report on Friday, January 24th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $260.47.

Travelers Companies Price Performance

Travelers Companies stock opened at $246.46 on Thursday. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.34. The business has a 50 day simple moving average of $245.62 and a 200-day simple moving average of $239.23. The stock has a market capitalization of $55.95 billion, a PE ratio of 11.48, a price-to-earnings-growth ratio of 1.07 and a beta of 0.64.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping the consensus estimate of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter in the prior year, the business earned $7.01 earnings per share. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. Equities analysts predict that The Travelers Companies, Inc. will post 20.6 earnings per share for the current year.

Travelers Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio is presently 19.56%.

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.