15,470 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by CFC Planning Co LLC

CFC Planning Co LLC purchased a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,470 shares of the insurance provider's stock, valued at approximately $3,727,000. Travelers Companies makes up about 4.0% of CFC Planning Co LLC's investment portfolio, making the stock its 5th largest position.

A number of other large investors also recently made changes to their positions in TRV. YANKCOM Partnership purchased a new stake in Travelers Companies during the fourth quarter worth about $27,000. Wolff Wiese Magana LLC increased its holdings in Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider's stock worth $37,000 after buying an additional 45 shares during the last quarter. True Wealth Design LLC purchased a new stake in Travelers Companies during the third quarter worth about $41,000. Catalyst Capital Advisors LLC purchased a new stake in Travelers Companies during the third quarter worth about $50,000. Finally, Versant Capital Management Inc increased its holdings in Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider's stock worth $61,000 after buying an additional 215 shares during the last quarter. 82.45% of the stock is owned by institutional investors.

Travelers Companies Trading Down 0.2 %

Shares of TRV traded down $0.48 during mid-day trading on Tuesday, reaching $237.82. The company's stock had a trading volume of 1,121,746 shares, compared to its average volume of 1,353,763. The stock has a market cap of $53.99 billion, a PE ratio of 11.08, a P/E/G ratio of 1.08 and a beta of 0.64. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.55. The company's fifty day moving average price is $242.48 and its two-hundred day moving average price is $241.12.

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, topping analysts' consensus estimates of $6.50 by $2.65. The firm had revenue of $12.01 billion during 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 business's quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $7.01 EPS. On average, analysts predict that The Travelers Companies, Inc. will post 20.57 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders 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 dividend yield of 1.77%. Travelers Companies's payout ratio is 19.56%.

Insider Transactions at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the transaction, the insider now directly owns 250,384 shares of the company's stock, valued at $66,301,683.20. The trade was a 1.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Royal Bank of Canada restated a "sector perform" rating and set a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Piper Sandler upgraded shares of Travelers Companies from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $259.00 to $310.00 in a report on Friday, January 24th. UBS Group raised their price objective on shares of Travelers Companies from $244.00 to $270.00 and gave the stock a "neutral" rating in a report on Tuesday, October 22nd. 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. Finally, StockNews.com downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $260.47.

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.