The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Secured Retirement Advisors LLC

Secured Retirement Advisors LLC increased its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 8.1% in the 4th quarter, HoldingsChannel reports. The firm owned 1,001 shares of the insurance provider’s stock after buying an additional 75 shares during the quarter. Secured Retirement Advisors LLC’s holdings in Travelers Companies were worth $241,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TRV. YANKCOM Partnership acquired a new position in shares of Travelers Companies in the fourth quarter worth $27,000. True Wealth Design LLC purchased a new stake in Travelers Companies during the 3rd quarter worth about $41,000. Asset Planning Inc acquired a new position in Travelers Companies in the 4th quarter valued at about $44,000. Catalyst Capital Advisors LLC purchased a new position in Travelers Companies in the 3rd quarter valued at about $50,000. Finally, Versant Capital Management Inc boosted its stake in shares of Travelers Companies by 581.1% during the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after purchasing an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Down 2.0 %

Shares of TRV opened at $238.25 on Friday. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55. The stock’s 50-day moving average is $242.76 and its two-hundred day moving average is $240.63. 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 stock has a market cap of $54.09 billion, a PE ratio of 11.10, a P/E/G ratio of 1.08 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 earnings per share for the quarter, topping analysts’ consensus estimates of $6.50 by $2.65. The firm had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. Travelers Companies’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.01 EPS. Equities analysts forecast that The Travelers Companies, Inc. will post 20.57 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is 19.56%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TRV. HSBC raised shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Tuesday, December 10th. Barclays increased their price target on Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Keefe, Bruyette & Woods lifted their price objective on Travelers Companies from $268.00 to $275.00 and gave the company a “market perform” rating in a research report on Monday, January 27th. Wells Fargo & Company increased their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a research report on Thursday, January 23rd. Finally, UBS Group lifted their price target on Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and a consensus price target of $260.47.

Travelers Companies 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.