Andra AP fonden Has $1.18 Million Stake in The Travelers Companies, Inc. (NYSE:TRV)

Andra AP fonden lowered its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 70.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,900 shares of the insurance provider's stock after selling 11,600 shares during the quarter. Andra AP fonden's holdings in Travelers Companies were worth $1,180,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. YANKCOM Partnership acquired a new position in Travelers Companies during the fourth quarter worth approximately $27,000. True Wealth Design LLC bought a new stake in Travelers Companies during the third quarter worth $41,000. Asset Planning Inc bought a new stake in Travelers Companies during the fourth quarter worth $44,000. Providence First Trust Co acquired a new position in shares of Travelers Companies during the fourth quarter worth $48,000. Finally, Versant Capital Management Inc increased its holdings in shares of Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider's stock worth $61,000 after buying an additional 215 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

Travelers Companies Price Performance

Shares of Travelers Companies stock traded down $2.26 on Wednesday, hitting $252.30. The company had a trading volume of 1,671,064 shares, compared to its average volume of 1,171,452. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56. The company has a market cap of $57.20 billion, a PE ratio of 11.75, a PEG ratio of 4.65 and a beta of 0.60. The business has a 50-day simple moving average of $245.58 and a 200-day simple moving average of $245.39. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33.

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Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating analysts' consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. Travelers Companies's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the firm earned $7.01 EPS. Research analysts expect that The Travelers Companies, Inc. will post 17.02 EPS 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. Shareholders of record on Monday, March 10th will be given a $1.05 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.66%. Travelers Companies's dividend payout ratio (DPR) is presently 19.56%.

Analyst Ratings Changes

TRV has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods upgraded Travelers Companies from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. BMO Capital Markets lifted their price target on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. The Goldman Sachs Group raised shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price on the stock in a report on Wednesday, January 8th. Janney Montgomery Scott lowered shares of Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 price target for the company. in a research report on Thursday, November 21st. Finally, Barclays upped their price objective on shares of Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Travelers Companies presently has a consensus rating of "Hold" and a consensus price target of $261.05.

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.