The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Boston Partners

Boston Partners reduced its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 0.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,233,978 shares of the insurance provider's stock after selling 6,866 shares during the period. Boston Partners owned about 0.54% of Travelers Companies worth $297,282,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. YANKCOM Partnership acquired a new position in shares of Travelers Companies in the 4th quarter valued at $27,000. True Wealth Design LLC acquired a new position in shares of Travelers Companies in the 3rd quarter valued at $41,000. Asset Planning Inc acquired a new position in shares of Travelers Companies in the 4th quarter valued at $44,000. Providence First Trust Co acquired a new position in shares of Travelers Companies in the 4th quarter valued at $48,000. Finally, IMG Wealth Management Inc. acquired a new position in shares of Travelers Companies in the 4th quarter valued at $55,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Travelers Companies Stock Down 1.1 %

Shares of TRV traded down $2.84 during midday trading on Friday, hitting $256.70. The company had a trading volume of 3,669,046 shares, compared to its average volume of 1,181,565. The company's 50 day moving average price is $248.29 and its 200 day moving average price is $246.93. The stock has a market cap of $58.20 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week 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.

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Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings data 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. 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 the consensus estimate of $10.80 billion. During the same quarter in the prior year, the firm earned $7.01 EPS. The company's revenue for the quarter was up 9.9% compared to the same quarter last year. On average, equities research analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies's dividend payout ratio is presently 19.56%.

Analyst Ratings Changes

A number of brokerages have weighed in on TRV. Wells Fargo & Company lifted their price target on shares of Travelers Companies from $213.00 to $225.00 and gave the company an "underweight" rating in a report on Thursday, January 23rd. Barclays lifted their target price on shares of Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $275.00 to $286.00 in a report on Wednesday, February 19th. StockNews.com lowered shares of Travelers Companies from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd. Finally, HSBC upgraded shares of Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 target price on the stock in a report on Tuesday, December 10th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $261.05.

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.