The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft increased its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 260.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,652 shares of the insurance provider's stock after buying an additional 2,640 shares during the period. Baader Bank Aktiengesellschaft's holdings in Travelers Companies were worth $880,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TRV. Hanson & Doremus Investment Management lifted its position in Travelers Companies by 13.2% during the 4th quarter. Hanson & Doremus Investment Management now owns 4,985 shares of the insurance provider's stock worth $1,201,000 after acquiring an additional 580 shares during the period. Plimoth Trust Co. LLC lifted its holdings in shares of Travelers Companies by 5.6% in the 4th quarter. Plimoth Trust Co. LLC now owns 4,524 shares of the insurance provider's stock valued at $1,090,000 after buying an additional 238 shares during the period. Ibex Wealth Advisors acquired a new position in shares of Travelers Companies in the 4th quarter valued at about $1,281,000. Swedbank AB lifted its holdings in shares of Travelers Companies by 0.6% in the 4th quarter. Swedbank AB now owns 124,418 shares of the insurance provider's stock valued at $29,971,000 after buying an additional 799 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Travelers Companies by 15.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 422,435 shares of the insurance provider's stock valued at $101,760,000 after buying an additional 56,075 shares during the period. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Travelers Companies Price Performance

Shares of Travelers Companies stock traded up $0.52 on Thursday, hitting $250.04. 357,689 shares of the company were exchanged, compared to its average volume of 1,463,632. The stock has a market capitalization of $56.76 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. The company has a 50-day moving average price of $247.33 and a 200 day moving average price of $238.15. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 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 for the quarter, compared to analysts' expectations of $10.80 billion. During the same period in the prior year, the firm posted $7.01 earnings per share. The firm's quarterly revenue was up 9.9% on a year-over-year basis. As a group, sell-side analysts predict that The Travelers Companies, Inc. will post 20.33 earnings per share 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 paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies's dividend payout ratio (DPR) is 19.56%.

Insiders Place Their Bets

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of the company's stock in a transaction on Monday, November 18th. The shares were sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the transaction, the executive vice president now owns 111,162 shares in the company, valued at $29,102,211.60. This represents a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the company's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the completion of the transaction, the insider now owns 250,384 shares of the company's stock, valued at $66,301,683.20. This represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TRV shares. Barclays boosted their price objective on Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Hsbc Global Res upgraded Travelers Companies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 10th. Janney Montgomery Scott lowered Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 price target for the company. in a research note on Thursday, November 21st. Bank of America lifted their price target on Travelers Companies from $241.00 to $265.00 and gave the company an "underperform" rating in a research note on Thursday, October 17th. Finally, Wells Fargo & Company lifted their price target 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, twelve have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $260.47.

Travelers Companies Company 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.