15,846 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by Gunderson Capital Management Inc.

Gunderson Capital Management Inc. bought a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,846 shares of the insurance provider's stock, valued at approximately $3,817,000. Travelers Companies accounts for 1.9% of Gunderson Capital Management Inc.'s holdings, making the stock its 21st largest holding.

Other hedge funds have also recently modified their holdings of the company. Peddock Capital Advisors LLC increased its position in shares of Travelers Companies by 0.5% during the fourth quarter. Peddock Capital Advisors LLC now owns 11,000 shares of the insurance provider's stock worth $2,650,000 after acquiring an additional 59 shares during the period. Pallas Capital Advisors LLC grew its stake in Travelers Companies by 7.9% in the fourth quarter. Pallas Capital Advisors LLC now owns 1,540 shares of the insurance provider's stock worth $371,000 after purchasing an additional 113 shares in the last quarter. Miracle Mile Advisors LLC grew its stake in Travelers Companies by 3.2% in the fourth quarter. Miracle Mile Advisors LLC now owns 17,463 shares of the insurance provider's stock worth $4,207,000 after purchasing an additional 545 shares in the last quarter. Eastern Bank increased its holdings in Travelers Companies by 16.1% during the 4th quarter. Eastern Bank now owns 3,121 shares of the insurance provider's stock worth $752,000 after purchasing an additional 433 shares during the period. Finally, Wedmont Private Capital raised its position in Travelers Companies by 8.7% during the 4th quarter. Wedmont Private Capital now owns 2,636 shares of the insurance provider's stock valued at $613,000 after purchasing an additional 211 shares in the last quarter. Institutional investors own 82.45% of the company's stock.

Travelers Companies Stock Performance

Shares of Travelers Companies stock traded up $3.82 on Tuesday, reaching $237.15. 1,550,788 shares of the stock were exchanged, compared to its average volume of 1,394,881. The business has a 50 day moving average price of $250.54 and a two-hundred day moving average price of $235.16. The firm has a market capitalization of $53.84 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 1.17 and a beta of 0.65. The Travelers Companies, Inc. has a twelve month low of $194.54 and a twelve month high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, beating the consensus estimate of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The business had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $11.46 billion. During the same period in the prior year, the firm earned $1.95 EPS. The business's revenue for the quarter was up 11.9% on a year-over-year basis. Analysts anticipate that The Travelers Companies, Inc. will post 18.84 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th were paid a dividend of $1.05 per share. The ex-dividend date was Tuesday, December 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.77%. Travelers Companies's payout ratio is currently 21.54%.

Analysts Set New Price Targets

Several brokerages have recently commented on TRV. The Goldman Sachs Group upgraded Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price target on the stock in a research note on Wednesday, January 8th. Janney Montgomery Scott downgraded shares of Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 target price on the stock. in a research report on Thursday, November 21st. Barclays reduced their price target on shares of Travelers Companies from $295.00 to $278.00 and set an "overweight" rating for the company in a report on Monday, January 6th. Piper Sandler cut their price objective on shares of Travelers Companies from $280.00 to $259.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. Finally, Jefferies Financial Group boosted their price objective on shares of Travelers Companies from $210.00 to $235.00 and gave the stock a "hold" rating in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $254.65.

Insider Transactions at Travelers Companies

In related news, CEO Alan D. Schnitzer sold 40,524 shares of Travelers Companies stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $260.12, for a total value of $10,541,102.88. Following the completion of the transaction, the chief executive officer now owns 221,924 shares in the company, valued at $57,726,870.88. The trade was a 15.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $264.80, for a total value of $990,352.00. Following the transaction, the insider now owns 250,384 shares in the company, valued at $66,301,683.20. This represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 78,149 shares of company stock worth $20,295,856 over the last quarter. 1.33% of the stock is currently owned by insiders.

Travelers Companies Company 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.