The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Guardian Wealth Advisors LLC NC

Guardian Wealth Advisors LLC NC grew its stake in The Travelers Companies, Inc. (NYSE:TRV) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,864 shares of the insurance provider’s stock after purchasing an additional 139 shares during the period. Guardian Wealth Advisors LLC NC’s holdings in Travelers Companies were worth $690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in TRV. Focus Partners Wealth raised its holdings in shares of Travelers Companies by 16.7% during the 4th quarter. Focus Partners Wealth now owns 16,314 shares of the insurance provider’s stock worth $3,964,000 after acquiring an additional 2,329 shares during the period. Ellevest Inc. raised its stake in Travelers Companies by 8.1% during the fourth quarter. Ellevest Inc. now owns 1,054 shares of the insurance provider’s stock worth $254,000 after purchasing an additional 79 shares during the period. Ethic Inc. boosted its holdings in Travelers Companies by 38.6% in the 4th quarter. Ethic Inc. now owns 45,951 shares of the insurance provider’s stock valued at $11,069,000 after purchasing an additional 12,801 shares during the last quarter. Fiduciary Trust Co grew its stake in shares of Travelers Companies by 32.4% in the 4th quarter. Fiduciary Trust Co now owns 5,735 shares of the insurance provider’s stock valued at $1,382,000 after buying an additional 1,404 shares during the period. Finally, Citizens Business Bank increased its holdings in shares of Travelers Companies by 95.9% during the 4th quarter. Citizens Business Bank now owns 44,356 shares of the insurance provider’s stock worth $10,685,000 after buying an additional 21,711 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analysts Set New Price Targets

TRV has been the topic of several recent analyst reports. BMO Capital Markets upped their price target on Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Jefferies Financial Group upped their price objective on Travelers Companies from $265.00 to $270.00 and gave the stock a “hold” rating in a research report on Friday, April 11th. UBS Group decreased their price target on shares of Travelers Companies from $270.00 to $267.00 and set a “neutral” rating for the company in a research note on Wednesday, April 9th. Evercore ISI lifted their price target on Travelers Companies from $288.00 to $296.00 and gave the stock an “outperform” rating in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Travelers Companies from $260.00 to $271.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 8th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $267.32.

Travelers Companies Stock Performance

NYSE TRV opened at $269.65 on Friday. The business has a 50 day moving average price of $257.51 and a 200 day moving average price of $251.53. The company has a market capitalization of $61.09 billion, a P/E ratio of 12.56, a PEG ratio of 4.65 and a beta of 0.53. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $273.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $1.38. The business had revenue of $10.52 billion during the quarter, compared to analysts’ expectations of $10.97 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. During the same period last year, the company posted $4.69 EPS. Sell-side analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be paid a dividend of $1.10 per share. This is a boost from Travelers Companies’s previous quarterly dividend of $1.05. This represents a $4.40 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, June 10th. Travelers Companies’s dividend payout ratio (DPR) is currently 23.95%.

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.