Callan Family Office LLC Invests $430,000 in The Travelers Companies, Inc. (NYSE:TRV)

Callan Family Office LLC bought a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,785 shares of the insurance provider's stock, valued at approximately $430,000.

A number of other institutional investors also recently modified their holdings of the stock. Pinnacle Wealth Management Advisory Group LLC boosted its stake 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 valued at $822,000 after buying an additional 41 shares during the period. Quent Capital LLC lifted its stake in shares of Travelers Companies by 3.3% in the 4th 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. lifted its stake in shares of Travelers Companies by 5.1% in the 4th 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 lifted its stake in shares of 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 last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of Travelers Companies by 3.8% in 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 during the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Travelers Companies from $213.00 to $225.00 and gave the company an "underweight" rating in a research note on Thursday, January 23rd. 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 report on Friday, January 24th. The Goldman Sachs Group upgraded 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. 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. Finally, Janney Montgomery Scott downgraded shares of Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 price objective on the stock. in a report on Thursday, November 21st. Four analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $261.05.

Travelers Companies Price Performance

NYSE:TRV traded down $2.26 on Wednesday, reaching $252.30. The stock had a trading volume of 1,671,064 shares, compared to its average volume of 1,171,452. The company has a market capitalization of $57.20 billion, a P/E ratio of 11.75, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year 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 stock has a fifty day moving average price of $245.58 and a 200-day moving average price of $245.39.

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

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.66%. Travelers Companies's payout ratio is 19.56%.

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.