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

Douglass Winthrop Advisors LLC boosted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,319 shares of the insurance provider’s stock after acquiring an additional 825 shares during the period. Douglass Winthrop Advisors LLC’s holdings in Travelers Companies were worth $1,522,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TRV. YANKCOM Partnership acquired a new stake in shares of Travelers Companies in the 4th quarter valued at about $27,000. Generali Investments Management Co LLC bought a new stake in Travelers Companies in the fourth quarter valued at about $37,000. True Wealth Design LLC acquired a new stake in Travelers Companies during the third quarter valued at approximately $41,000. Asset Planning Inc bought a new position in Travelers Companies during the 4th quarter worth approximately $44,000. Finally, Providence First Trust Co acquired a new position in shares of Travelers Companies in the 4th quarter worth approximately $48,000. 82.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TRV shares. Keefe, Bruyette & Woods raised Travelers Companies from a “market perform” rating to an “outperform” rating and upped their price target for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. Janney Montgomery Scott cut shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a report on Thursday, November 21st. BMO Capital Markets lifted their price target on shares of Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Royal Bank of Canada reiterated a “sector perform” rating and set a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Finally, 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 note on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Travelers Companies currently has a consensus rating of “Hold” and a consensus price target of $261.05.

Travelers Companies Trading Down 0.7 %

Shares of NYSE:TRV opened at $259.36 on Friday. The company has a 50 day moving average of $247.81 and a 200-day moving average of $246.73. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The firm has a market cap of $58.80 billion, a P/E ratio of 12.08, a P/E/G ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The firm had revenue of $12.01 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same period last year, the company posted $7.01 EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. As a group, analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

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.