1,154 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC bought 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 filing with the Securities & Exchange Commission. The firm bought 1,154 shares of the insurance provider's stock, valued at approximately $278,000.

Other institutional investors have also added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in shares of Travelers Companies in the fourth quarter valued at about $27,000. True Wealth Design LLC bought a new position in Travelers Companies during the 3rd quarter worth $41,000. Asset Planning Inc acquired a new position in Travelers Companies in the 4th quarter valued at $44,000. Providence First Trust Co bought a new position in shares of Travelers Companies in the fourth quarter worth $48,000. Finally, IMG Wealth Management Inc. acquired a new position in Travelers Companies in the fourth quarter valued at about $55,000. 82.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. BMO Capital Markets upped their price target on shares of Travelers Companies from $275.00 to $297.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Wells Fargo & Company lifted their price target on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a report on Thursday, January 23rd. The Goldman Sachs Group raised Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price for the company in a research report on Wednesday, January 8th. Finally, HSBC upgraded Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 price target on the stock in a research report on Tuesday, December 10th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Travelers Companies has an average rating of "Hold" and an average price target of $261.05.

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Travelers Companies Stock Down 1.1 %

NYSE TRV traded down $2.84 during midday trading on Friday, hitting $256.70. 3,669,046 shares of the company traded hands, compared to its average volume of 1,184,396. The company has a market cap of $58.20 billion, a PE ratio of 11.96, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The company's 50-day simple moving average is $247.81 and its 200-day simple moving average is $246.73. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56.

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 the consensus estimate of $6.50 by $2.65. The company 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 firm's revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the business earned $7.01 earnings per share. As a group, equities research analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The company 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 $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.64%. Travelers Companies's dividend payout ratio (DPR) is presently 19.56%.

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.