Tradewinds LLC. Purchases Shares of 4,164 The Travelers Companies, Inc. (NYSE:TRV)

Tradewinds LLC. purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,164 shares of the insurance provider's stock, valued at approximately $1,002,000.

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

Analysts Set New Price Targets

TRV has been the subject of several research reports. Keefe, Bruyette & Woods raised shares of Travelers Companies from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $275.00 to $286.00 in a research note on Wednesday, February 19th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $268.00 price target (down from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Piper Sandler upgraded 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. BMO Capital Markets increased their target price on Travelers Companies from $275.00 to $297.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, The Goldman Sachs Group upgraded Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price target on the stock in a report on Wednesday, January 8th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $260.00.

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Travelers Companies Trading Up 0.0 %

TRV traded up $0.04 during trading on Wednesday, hitting $264.58. The company's stock had a trading volume of 1,048,029 shares, compared to its average volume of 1,278,071. The firm has a market capitalization of $59.99 billion, a P/E ratio of 12.32, a PEG 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. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The stock's fifty day moving average price is $251.92 and its 200-day moving average price is $248.59.

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

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date was Monday, March 10th. Travelers Companies's payout ratio is 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.