2,091 Shares in The Travelers Companies, Inc. (NYSE:TRV) Bought by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,091 shares of the insurance provider's stock, valued at approximately $504,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of TRV. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Travelers Companies by 1.2% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider's stock worth $822,000 after acquiring an additional 41 shares during the last quarter. Quent Capital LLC increased its holdings in shares of Travelers Companies by 3.3% in the fourth quarter. Quent Capital LLC now owns 1,363 shares of the insurance provider's stock valued at $328,000 after purchasing an additional 43 shares during the last quarter. Salem Investment Counselors Inc. increased its holdings in shares of Travelers Companies by 5.1% in the fourth quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider's stock valued at $218,000 after purchasing an additional 44 shares during the last quarter. Somerset Trust Co raised its position in shares of Travelers Companies by 5.2% in the fourth 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, Lake Street Advisors Group LLC lifted its stake in shares of Travelers Companies by 2.0% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,306 shares of the insurance provider's stock worth $555,000 after buying an additional 46 shares during the last quarter. Institutional investors own 82.45% of the company's stock.

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Travelers Companies Price Performance

Shares of TRV stock traded up $0.73 during trading hours on Tuesday, reaching $265.19. The company's stock had a trading volume of 226,215 shares, compared to its average volume of 1,370,861. The Travelers Companies, Inc. has a fifty-two week low of $200.21 and a fifty-two week high of $269.55. The firm's 50 day simple moving average is $251.05 and its 200-day simple moving average is $248.29. 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 company has a market capitalization of $60.13 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating the consensus estimate of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. Travelers Companies's revenue was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $7.01 earnings per share. Sell-side analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend was Monday, March 10th. Travelers Companies's dividend payout ratio is 19.56%.

Analyst Ratings Changes

A number of brokerages recently commented on TRV. Piper Sandler upgraded shares of Travelers Companies from a "neutral" rating to an "overweight" rating and upped their price target for the company from $259.00 to $310.00 in a research note on Friday, January 24th. Barclays increased their target price on Travelers Companies from $278.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. HSBC cut Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Monday, March 24th. The Goldman Sachs Group raised Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price objective on the stock in a report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods raised Travelers Companies from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $260.00.

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.