Epoch Investment Partners Inc. Sells 4,511 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Epoch Investment Partners Inc. lowered its position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 163,610 shares of the insurance provider's stock after selling 4,511 shares during the quarter. Epoch Investment Partners Inc. owned 0.07% of Travelers Companies worth $39,412,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Travelers Companies by 1.2% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider's stock worth $822,000 after purchasing an additional 41 shares during the period. Quent Capital LLC lifted 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 in the last quarter. Salem Investment Counselors Inc. boosted its position in shares of Travelers Companies by 5.1% during the fourth quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider's stock worth $218,000 after buying an additional 44 shares during the period. Somerset Trust Co grew its holdings in shares of Travelers Companies by 5.2% during the fourth quarter. Somerset Trust Co now owns 918 shares of the insurance provider's stock worth $221,000 after buying an additional 45 shares in the last quarter. Finally, Lake Street Advisors Group LLC lifted its stake in Travelers Companies by 2.0% in the 4th quarter. Lake Street Advisors Group LLC now owns 2,306 shares of the insurance provider's stock valued at $555,000 after acquiring an additional 46 shares in the last quarter. Institutional investors own 82.45% of the company's stock.

Travelers Companies Trading Up 0.6 %

Shares of TRV stock traded up $1.45 during mid-day trading on Thursday, reaching $260.53. 1,414,104 shares of the stock traded hands, compared to its average volume of 1,462,764. The stock's fifty day simple moving average is $253.40 and its two-hundred day simple moving average is $249.82. The company has a market cap of $59.03 billion, a price-to-earnings ratio of 12.13, a price-to-earnings-growth ratio of 4.65 and a beta of 0.48. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.55. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $1.38. The company had revenue of $10.52 billion for the quarter, compared to analyst estimates of $10.97 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. During the same period in the previous year, the firm earned $4.69 earnings per share. On average, research analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.69%. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, June 10th. Travelers Companies's dividend payout ratio is presently 23.95%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TRV. StockNews.com raised shares of Travelers Companies from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. UBS Group dropped their target price on Travelers Companies from $270.00 to $267.00 and set a "neutral" rating on the stock in a report on Wednesday, April 9th. BMO Capital Markets boosted their price target on Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Wells Fargo & Company boosted their target price on shares of Travelers Companies from $247.00 to $260.00 and gave the stock an "equal weight" rating in a report on Thursday, April 17th. Finally, The Goldman Sachs Group raised shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price objective for the company in a research report on Wednesday, January 8th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $267.32.

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.