The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by First National Trust Co

First National Trust Co reduced its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 10.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,582 shares of the insurance provider's stock after selling 1,095 shares during the period. First National Trust Co's holdings in Travelers Companies were worth $2,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. State Street Corp increased its position in Travelers Companies by 0.8% during the 3rd quarter. State Street Corp now owns 15,566,941 shares of the insurance provider's stock valued at $3,644,532,000 after buying an additional 120,228 shares in the last quarter. FMR LLC increased its holdings in shares of Travelers Companies by 12.6% in the third quarter. FMR LLC now owns 14,048,691 shares of the insurance provider's stock valued at $3,289,079,000 after purchasing an additional 1,568,909 shares during the period. Geode Capital Management LLC increased its holdings in shares of Travelers Companies by 2.3% in the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider's stock valued at $1,187,865,000 after purchasing an additional 114,714 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Travelers Companies by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,522,769 shares of the insurance provider's stock valued at $366,820,000 after purchasing an additional 26,117 shares during the period. Finally, Bahl & Gaynor Inc. increased its holdings in shares of Travelers Companies by 4.5% in the fourth quarter. Bahl & Gaynor Inc. now owns 1,189,236 shares of the insurance provider's stock valued at $286,475,000 after purchasing an additional 51,589 shares during the period. 82.45% of the stock is owned by institutional investors and hedge funds.

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Travelers Companies Price Performance

Shares of NYSE TRV traded up $1.00 during midday trading on Wednesday, hitting $261.50. The stock had a trading volume of 1,624,195 shares, compared to its average volume of 1,174,779. The company has a market capitalization of $59.29 billion, a PE ratio of 12.18, a P/E/G ratio of 4.65 and a beta of 0.60. The stock has a 50 day simple moving average of $247.11 and a 200-day simple moving average of $246.54. 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.

Travelers Companies (NYSE:TRV - Get Free Report) last released its earnings results 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 the consensus estimate of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business's quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the business posted $7.01 earnings per share. On average, sell-side analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.61%. Travelers Companies's dividend payout ratio is presently 19.56%.

Analyst Ratings Changes

TRV has been the topic of a number of research reports. 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. Hsbc Global Res upgraded Travelers Companies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 10th. Janney Montgomery Scott downgraded Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 target price on the stock. in a research note on Thursday, November 21st. HSBC upgraded Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 target price on the stock in a research note on Tuesday, December 10th. Finally, Wells Fargo & Company upped their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a research note on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $261.05.

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.