Berkeley Capital Partners LLC Buys New Shares in The Travelers Companies, Inc. (NYSE:TRV)

Berkeley Capital Partners LLC purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,270 shares of the insurance provider's stock, valued at approximately $1,029,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRV. YANKCOM Partnership acquired a new stake in Travelers Companies in the fourth quarter worth $27,000. Generali Investments Management Co LLC bought a new stake in shares of Travelers Companies in the 4th quarter valued at about $37,000. True Wealth Design LLC acquired a new stake in Travelers Companies in the 3rd quarter valued at about $41,000. Asset Planning Inc acquired a new stake in Travelers Companies in the 4th quarter valued at about $44,000. Finally, Providence First Trust Co bought a new position in Travelers Companies during the fourth quarter worth about $48,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Trading Up 1.2 %

NYSE TRV traded up $3.00 on Monday, hitting $259.70. The company's stock had a trading volume of 1,240,000 shares, compared to its average volume of 1,183,365. The firm has a market cap of $58.88 billion, a PE ratio of 12.10, a PEG ratio of 4.65 and a beta of 0.60. The company's 50-day moving average is $248.83 and its 200 day moving average is $247.37. 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 Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.56.

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Travelers Companies (NYSE:TRV - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (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 analyst estimates of $10.80 billion. During the same period last year, the company earned $7.01 EPS. Travelers Companies's revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued 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 payout ratio is presently 19.56%.

Analyst Upgrades and Downgrades

TRV has been the topic of a number of research analyst reports. BMO Capital Markets increased 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. Royal Bank of Canada restated 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. Barclays increased their price objective on Travelers Companies from $278.00 to $287.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. Wells Fargo & Company upped their price target on shares of Travelers Companies from $213.00 to $225.00 and gave the company an "underweight" rating in a research note on Thursday, January 23rd. Finally, The Goldman Sachs Group upgraded shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price objective for the company in a research note on Wednesday, January 8th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $260.00.

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.