Blueshift Asset Management LLC Sells 1,940 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Blueshift Asset Management LLC decreased its stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 52.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,779 shares of the insurance provider's stock after selling 1,940 shares during the period. Blueshift Asset Management LLC's holdings in Travelers Companies were worth $429,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of Travelers Companies by 1.2% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider's stock worth $822,000 after buying an additional 41 shares in the last quarter. Quent Capital LLC increased its holdings in Travelers Companies by 3.3% during the 4th quarter. Quent Capital LLC now owns 1,363 shares of the insurance provider's stock worth $328,000 after acquiring an additional 43 shares during the period. Salem Investment Counselors Inc. lifted its stake in Travelers Companies by 5.1% in the 4th quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider's stock worth $218,000 after purchasing an additional 44 shares in the last quarter. Somerset Trust Co boosted its holdings in Travelers Companies by 5.2% in the 4th quarter. Somerset Trust Co now owns 918 shares of the insurance provider's stock valued at $221,000 after purchasing an additional 45 shares during the period. Finally, Brooklyn Investment Group grew its position in shares of Travelers Companies by 3.8% during the 3rd quarter. Brooklyn Investment Group now owns 1,255 shares of the insurance provider's stock valued at $294,000 after purchasing an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company's stock.

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Travelers Companies Stock Up 0.0 %

Shares of NYSE TRV traded up $0.06 during trading on Tuesday, reaching $259.50. The company had a trading volume of 1,136,238 shares, compared to its average volume of 1,182,880. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-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 business's 50-day moving average is $248.83 and its 200 day moving average is $247.37. The stock has a market cap of $58.84 billion, a PE ratio of 12.09, a P/E/G ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating the consensus estimate of $6.50 by $2.65. The company 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 period in the prior year, the firm posted $7.01 EPS. As a group, equities analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently disclosed 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. 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 1.62%. Travelers Companies's payout ratio is currently 19.56%.

Analyst Ratings Changes

Several equities analysts recently commented on TRV shares. HSBC cut Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research report on Monday. Royal Bank of Canada restated a "sector perform" rating and set a $268.00 price target (down from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Barclays boosted their price objective on Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. Wells Fargo & Company raised their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a report on Thursday, January 23rd. Finally, BMO Capital Markets lifted their target price on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target 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.