The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Independent Advisor Alliance

Independent Advisor Alliance raised its position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,566 shares of the insurance provider's stock after acquiring an additional 1,954 shares during the period. Independent Advisor Alliance's holdings in Travelers Companies were worth $9,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Travelers Companies by 43.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 159,172 shares of the insurance provider's stock worth $38,343,000 after buying an additional 47,985 shares during the last quarter. Taika Capital LP purchased a new position in Travelers Companies in the 4th quarter worth $2,346,000. Sound View Wealth Advisors Group LLC lifted its position in Travelers Companies by 3.6% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 2,900 shares of the insurance provider's stock worth $699,000 after acquiring an additional 100 shares during the period. Dorsey & Whitney Trust CO LLC lifted its position in Travelers Companies by 1.6% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,741 shares of the insurance provider's stock worth $1,142,000 after acquiring an additional 74 shares during the period. Finally, AMF Tjanstepension AB grew its stake in Travelers Companies by 86.0% during the 4th quarter. AMF Tjanstepension AB now owns 131,211 shares of the insurance provider's stock valued at $31,619,000 after purchasing an additional 60,655 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company's stock.

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Analysts Set New Price Targets

TRV has been the subject of a number of recent research reports. The Goldman Sachs Group raised shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price target for the company in a research report on Wednesday, January 8th. HSBC raised shares of Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 price target on the stock in a report on Tuesday, December 10th. Keefe, Bruyette & Woods raised 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 report on Wednesday, February 19th. Wells Fargo & Company raised their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a report on Thursday, January 23rd. Finally, BMO Capital Markets upped their price objective on Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, Travelers Companies presently has an average rating of "Hold" and an average target price of $261.05.

Travelers Companies Stock Performance

NYSE TRV traded down $2.94 on Wednesday, hitting $251.62. 663,499 shares of the company's stock were exchanged, compared to its average volume of 1,170,990. The firm has a market cap of $57.05 billion, a price-to-earnings ratio of 11.71, a P/E/G ratio of 4.65 and a beta of 0.60. The firm's 50-day moving average price is $245.35 and its two-hundred day moving average price is $245.34. The Travelers Companies, Inc. has a fifty-two week low of $200.21 and a fifty-two week high of $269.56. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33.

Travelers Companies (NYSE:TRV - Get Free Report) last released its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating analysts' consensus estimates of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter last year, the company earned $7.01 earnings per share. Travelers Companies's quarterly revenue was up 9.9% compared to the same quarter last year. On average, research analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a dividend of $1.05 per share. The ex-dividend date is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.67%. Travelers Companies's payout ratio is 19.56%.

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.